Truist Financial analyst David S Macdonald maintains $Ensign (ENSG.US)$ with a hold rating, and sets the target price at $170.
According to TipRanks data, the analyst has a success rate of 61.6% and a total average return of 13.4% 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 continued its streak of record quarters, with its occupancy momentum defying usual seasonal patterns. The acceleration in merger and acquisition activities along with continued investments in high-acuity capabilities are considered to justify a premium valuation when compared to other post-acute care providers.
Ensign Group's quarterly adjusted earnings per share and adjusted EBITDAR surpassed expectations mainly due to investment income, aligning operational metrics with projections. The company appears to remain on solid footing to persist in its mergers and acquisitions strategy in the future.
Note:
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