Last Updated: 07 Nov 2024
Executive Summary
The Ensign Group Inc. (ENSG) is a leading provider of post-acute care services in the United States. The company has a strong track record of growth and profitability, and is well-positioned to continue to benefit from the aging population. ENSG's stock is currently trading at $143, and is expected to continue to perform well in the coming years.
Company Overview
ENSG was founded in 1999 and is headquartered in San Juan Capistrano, California. The company provides a range of post-acute care services, including skilled nursing, assisted living, and home health care. ENSG operates over 250 facilities in 13 states.
Fundamental Analysis
ENSG has a strong financial profile. The company's revenue has grown steadily in recent years, and is expected to continue to grow in the coming years. ENSG's profit margins are also healthy, and the company has a strong balance sheet.
ENSG's key financial metrics are as follows:
Revenue: $4.1 billion (TTM)
Net income: $360 million (TTM)
EBITDA: $360 million (TTM)
Net income margin: 5.8%
EBITDA margin: 8.3%
Technical Analysis
ENSG's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish sign. ENSG's relative strength index (RSI) is also above 50, which indicates that the stock is not overbought.
Short Term Outlook
ENSG's stock is expected to continue to perform well in the short term. The company's strong financial profile and positive technical indicators suggest that the stock is likely to continue to trend higher.
Long Term Outlook
ENSG is well-positioned to continue to benefit from the aging population. The company's strong track record of growth and profitability, combined with its positive long-term outlook, make it a good investment for long-term investors.
Analyst Recommendations
The majority of analysts covering ENSG have a buy rating on the stock. The average analyst price target for ENSG is $168.4, which represents a potential upside of 18% from the current price.
