A number of other brokerages have also recently weighed in on EHC. Bank of America upgraded Encompass Health to a buy rating in a research note on Friday, September 6th. Deutsche Bank assumed coverage on Encompass Health in a research note on Tuesday, September 17th. They issued a hold rating and a $70.00 price objective for the company. BMO Capital Markets assumed coverage on Encompass Health in a research note on Thursday, June 27th. They issued an outperform rating and a $72.00 price objective for the company. Finally, Raymond James reduced their price objective on Encompass Health from $80.00 to $75.00 and set an outperform rating for the company in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Encompass Health presently has an average rating of Buy and a consensus price target of $74.60.
EHC stock opened at $67.35 on Friday. The business has a 50 day moving average price of $63.61 and a 200 day moving average price of $62.41. The stock has a market cap of $6.59 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 1.98 and a beta of 0.84. Encompass Health has a fifty-two week low of $56.74 and a fifty-two week high of $76.20. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.87.
Encompass Health (NYSE:EHC) last issued its quarterly earnings data on Monday, July 29th. The company reported $1.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.11. Encompass Health had a return on equity of 24.10% and a net margin of 7.01%. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.13 billion. As a group, sell-side analysts anticipate that Encompass Health will post 3.81 EPS for the current year.
Encompass Health Company Profile
Encompass Health Corporation provides facility-based and home-based post-acute healthcare services in the United States. The company operates through two segments, Inpatient Rehabilitation, and Home Health and Hospice. The Inpatient Rehabilitation segment provides specialized rehabilitative treatment on an inpatient and outpatient basis to patients who are recovering from conditions, such as stroke and other neurological disorders, cardiac and pulmonary conditions, brain and spinal cord injuries, complex orthopedic conditions, and amputations.
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