Enhabit Inc (NYSE: EHAB) is 2.30% higher on its value in year-to-date trading and has touched a low of $6.85 and a high of $11.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EHAB stock was last observed hovering at around $7.97 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $7.99, the stock is 2.91% and 1.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing 0.25% at the moment leaves the stock -6.53% off its SMA200. EHAB registered -21.36% loss for a year compared to 6-month loss of -14.82%. The firm has a 50-day simple moving average (SMA 50) of $7.8344 and a 200-day simple moving average (SMA200) of $8.54845.
The stock witnessed a -6.22% gain in the last 1 month and extending the period to 3 months gives it a 7.68%, and is 5.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.36% over the week and 3.84% over the month.
Enhabit Inc (EHAB) has around 10800 employees, a market worth around $401.77M and $1.04B in sales. Fwd P/E is 27.76. Profit margin for the company is -11.24%. Distance from 52-week low is 16.64% and -31.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.48%).
with sales reaching $259.11M over the same period.The EPS is expected to grow by 1.24% this year, but quarterly earnings will post -1.01% year-over-year. Quarterly sales are estimated to shrink -0.57% in year-over-year returns.
Enhabit Inc (EHAB) Top Institutional Holders
251.0 institutions hold shares in Enhabit Inc (EHAB), with institutional investors hold 103.99% of the company’s shares. The shares outstanding are 50.30M, and float is at 43.84M with Short Float at 2.78%. Institutions hold 100.99% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.69 million shares valued at $68.58 million. The investor’s holdings represent 15.3468% of the EHAB Shares outstanding. As of 2024-06-30, the second largest holder is DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) with 5.0 million shares valued at $44.58 million to account for 9.9755 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.6 million shares representing 7.1924% and valued at over $32.14 million, while 8 KNOTS MANAGEMENT, LLC holds 6.4807 of the shares totaling 3.25 million with a market value of $28.96 million.
Enhabit Inc (EHAB) Insider Activity
The most recent transaction is an insider purchase by Bolton Jeffrey, the company’s Director. SEC filings show that Bolton Jeffrey bought 4,000 shares of the company’s common stock on Dec 12 ’24 at a price of $8.69 per share for a total of $34760.0. Following the purchase, the insider now owns 98144.0 shares.
Enhabit Inc disclosed in a document filed with the SEC on Dec 10 ’24 that MCGUIGAN STUART M (Director) bought a total of 15,000 shares of the company’s common stock. The trade occurred on Dec 10 ’24 and was made at $8.81 per share for $0.13 million. Following the transaction, the insider now directly holds 46810.0 shares of the EHAB stock.
Still, SEC filings show that on Nov 08 ’24, Bolton Jeffrey (Director) acquired 7,000 shares at an average price of $7.77 for $54377.0. The insider now directly holds 91,144 shares of Enhabit Inc (EHAB).
