Stephens analyst Scott Fidel maintains $Ensign (ENSG.US)$ with a buy rating, and adjusts the target price from $135 to $167.
According to TipRanks data, the analyst has a success rate of 68.8% and a total average return of 11.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Ensign (ENSG.US)$'s main analysts recently are as follows:
Ensign Group has demonstrated consistent performance with another record quarter, maintaining occupancy momentum that defies usual seasonal patterns. The anticipation of heightened merger and acquisition activity, along with continuous investments in high-acuity capabilities, justify a valuation above that of its post-acute care counterparts.
Ensign Group's quarterly adjusted EPS and adjusted EBITDAR surpassed expectations mainly due to investment income, while operating metrics aligned with estimates. The company is well-positioned to persist in its M&A strategy in the future.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
