From Financial Modeling Prep: 2024-10-28 15:11:31

David Macdonald from Truist Financial set a price target of $170 for NASDAQ:ENSG, indicating a potential increase of about 11.42%. The company’s third-quarter results showed adjusted EPS below expectations, leading to a narrowed full-year 2024 EPS guidance. Analysts have raised their forecasts for ENSG, reflecting confidence in its long-term growth prospects.

The Ensign Group, Inc. (NASDAQ:ENSG) specializes in skilled nursing and rehabilitative care services in the healthcare sector. It operates facilities across the US, providing essential services to an aging population. Despite recent financial challenges, ENSG stands out for its quality care and strategic acquisitions.

On October 28, 2024, David Macdonald from Truist Financial set a price target of $170 for ENSG, with the stock priced at $152.57, implying an 11.42% potential increase. Despite financial challenges, optimism remains in the company’s growth prospects. Third-quarter results showed adjusted EPS below expectations, leading to a narrowed full-year 2024 EPS guidance.

ENSG is currently trading at $152.79 on the NASDAQ, with a slight decrease of 0.0229% or $0.035. The trading range today is between $152.57 and $156.07, with significant growth from the year’s lowest price of $94.56. The company’s market cap is around $8.75 billion, highlighting its position in the healthcare industry.

The Ensign Group’s market cap is approximately $8.75 billion, with a trading volume of 175,659 shares. This solidifies its role as a significant player in healthcare, with investors monitoring its performance closely. Despite recent challenges, analysts’ positive forecasts indicate belief in ENSG’s ability to overcome obstacles and thrive.



Read more at Financial Modeling Prep:: The Ensign Group, Inc. (NASDAQ:ENSG) – A Key Playe…