Impact of Brokerage Rating on The Ensign Group, Inc.(ENSG)

Many The Ensign Group, Inc.(ENSG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. The Ensign Group was Downgraded by JMP Securities to Mkt Perform on Jan 4, 2017.

Company has reported several Insider transactions to the SEC, on Jan 5, 2017, Chad Keetch (Executive VP and Secretary) sold 37,522 shares at 22.32 per share price.On Nov 22, 2016, Beverly B. Wittekind (VP & General Counsel) sold 104 shares at 21.71 per share price.On Nov 4, 2016, Barry Port (Vice President) sold 174 shares at 17.93 per share price.

The Ensign Group Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.32 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.35. The company had revenue of $428.06 million for the quarter, compared to analysts expectations of $426.14 million. The companys revenue was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 EPS.

The Ensign Group, Inc. (NASDAQ:ENSG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.33 by 6 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

The Ensign Group, Inc. (NASDAQ:ENSG): 5 analysts have set the short term price target of The Ensign Group, Inc. (NASDAQ:ENSG) at $23.6. The standard deviation of short term price target has been estimated at $3.65, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 27 and $18 respectively.

The Ensign Group, Inc. (NASDAQ:ENSG) rose 3.63% or 0.63 points on Tuesday and made its way into the gainers of the day. After trading began at $17.24 the stock was seen hitting $18.11 as a peak level and $17.24 as the lowest level. The stock ended up at $17.98. The daily volume was measured at 677,879 shares. The 52-week high of the share price is $23.86 and the 52-week low is $16.76. The company has a market cap of $915 million.

The Ensign Group was formed for the express purpose of meeting the challenges of the long-term care industry in the 21st Century. Led by the countrys finest caregivers, with an aggressive team of industry and business veterans backing them up, Ensign is elevating quality of care to superior levels, and doing it one facility at a time.


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