The Ensign Group (ENSG) reported quarterly earnings results on Monday, Aug-1-2016. The company reported $0.33 EPS for the quarter. Analysts had a consensus estimate of $0.33. The company posted revenue of $410.51 million in the period, compared to analysts expectations of $401.74 million. The company’s revenue was up 32.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 EPS.
Many Wall Street Analysts have commented on The Ensign Group. The Ensign Group was Downgraded by Wells Fargo to ” Market Perform” on May 12, 2016. Company shares were Reiterated by RBC Capital Mkts on May 12, 2016 to “Outperform”, Firm has raised the Price Target to $ 27 from a previous price target of $24 .
The Ensign Group closed down -0.03 points or -0.14% at $21.5 with 3,22,541 shares getting traded on Friday. Post opening the session at $21.59, the shares hit an intraday low of $21.24 and an intraday high of $21.7 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Jun 15, 2016, Suzanne D. Snapper (CFO) sold 217 shares at $20.40 per share price. According to the SEC, on Jun 15, 2016, Chad Keetch (Executive Vice President) sold 216 shares at $20.55 per share price. On Jun 14, 2016, Beverly B. Wittekind (VP & General Counsel) sold 18,330 shares at $20.63 per share price, according to the Form-4 filing with the securities and exchange commission.
The Ensign Group Inc. is a holding company. The Company through its subsidiaries is a provider of skilled nursing rehabilitative care services home health home care hospice care assisted living and urgent care services. The Company operates approximately 178 facilities of which 13 are hospice agencies 14 are home health agencies three are home care businesses and 17 are urgent care clinics in California Arizona Texas Washington Utah Idaho Colorado Nevada Iowa Nebraska Oregon and Wisconsin. It operates through two segments: transitional skilled and assisted living services which include the operation of skilled nursing facilities and assisted and independent living facilities and home health and hospice services which includes the Company’s home health home care and hospice businesses. Its wholly owned subsidiaries provide accounting payroll human resources information technology legal and other services to other operating subsidiaries.