Breaking Down Enhabit: 3 Analysts Share Their Views

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During the last three months, 3 analysts shared their evaluations of Enhabit EHAB, revealing diverse outlooks from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 0 2 0 0
Last 30D 0 0 1 0 0
1M Ago 1 0 1 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $11.5, a high estimate of $14.00, and a low estimate of $9.50. Experiencing a 14.81% decline, the current average is now lower than the previous average price target of $13.50.

Interpreting Analyst Ratings: A Closer Look

A comprehensive examination of how financial experts perceive Enhabit is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ryan Langston TD Cowen Lowers Market Perform $11.00 $12.00
A.J. Rice UBS Announces Neutral $9.50 -
Brian Tanquilut Jefferies Lowers Buy $14.00 $15.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Enhabit. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Enhabit compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Enhabit's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Capture valuable insights into Enhabit's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Enhabit analyst ratings.

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About Enhabit

Enhabit Inc provides home health and hospice services in the United States. It offers care where patients prefer it: in their homes. It operates business in two segments: home health and hospice. Its home health agencies provide a comprehensive range of Medicare-certified skilled home health services, including skilled nursing, physical, occupational, and speech therapy, medical social work, and home health aide services.

A Deep Dive into Enhabit's Financials

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Negative Revenue Trend: Examining Enhabit's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -2.79% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Health Care sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Enhabit's net margin is impressive, surpassing industry averages. With a net margin of -0.93%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Enhabit's ROE excels beyond industry benchmarks, reaching -0.36%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -0.17%, the company showcases effective utilization of assets.

Debt Management: Enhabit's debt-to-equity ratio is below the industry average at 0.91, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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