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:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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.
