Enhabit (NYSE:EHAB – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.500-0.560 for the period, compared to the consensus estimate of 0.560. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.
Wall Street Analyst Weigh In
EHAB has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Enhabit in a research note on Monday. Jefferies Financial Group restated a “buy” rating on shares of Enhabit in a research note on Tuesday, December 16th. Finally, Citigroup reaffirmed a “buy” rating on shares of Enhabit in a research note on Tuesday, December 16th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Enhabit has a consensus rating of “Hold” and a consensus price target of $8.50.
Get Our Latest Research Report on Enhabit
Enhabit Stock Up 1.1%
Enhabit (NYSE:EHAB – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.05. Enhabit had a negative net margin of 1.14% and a positive return on equity of 3.91%. The company had revenue of $263.60 million for the quarter, compared to analyst estimates of $267.08 million. Enhabit has set its FY 2025 guidance at 0.500-0.560 EPS. As a group, research analysts expect that Enhabit will post 0.22 earnings per share for the current fiscal year.
Institutional Trading of Enhabit
A number of institutional investors have recently made changes to their positions in the business. Verition Fund Management LLC purchased a new position in Enhabit during the 3rd quarter worth $228,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Enhabit during the third quarter worth about $95,000. Bank of America Corp DE grew its stake in shares of Enhabit by 73.3% during the third quarter. Bank of America Corp DE now owns 687,934 shares of the company’s stock worth $5,510,000 after acquiring an additional 290,978 shares during the last quarter. Algert Global LLC increased its holdings in shares of Enhabit by 1,131.2% during the third quarter. Algert Global LLC now owns 222,609 shares of the company’s stock valued at $1,783,000 after acquiring an additional 204,529 shares in the last quarter. Finally, Creative Planning raised its position in shares of Enhabit by 43.7% in the 3rd quarter. Creative Planning now owns 18,934 shares of the company’s stock valued at $152,000 after purchasing an additional 5,755 shares during the last quarter.
About Enhabit
Enhabit, Inc (NYSE: EHAB) is a national provider of home-based healthcare services, offering a continuum of care designed to support patients in the comfort of their own homes. The company’s core mission is to deliver personalized clinical and non-clinical services that help individuals recover from illness or injury, manage chronic conditions, and, when necessary, receive compassionate end-of-life care. Enhabit’s business model centers on combining skilled clinical care with patient-centric service coordination to optimize outcomes and enhance the overall care experience.
The company’s service portfolio includes skilled nursing, physical, occupational and speech therapies, personal care assistance, palliative care and hospice services.
Featured Stories
- Five stocks we like better than Enhabit
- Turn your “dead money” into $306+ monthly (starting this month)
- $100 Trillion “AI Metal” Found in American Ghost Town
- Washington prepares for war
- Put $1,000 into this stock by Jan 1 [Not NVDA]
- Terrifying reason Trump killed the U.S. penny?
Receive News & Ratings for Enhabit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enhabit and related companies with MarketBeat.com's FREE daily email newsletter.
