RBC Capital analyst Frank Morgan maintained a Buy rating on Encompass Health (NYSE:EHC) on Thursday, setting a price target of $97, which is approximately 17.75% above the present share price of $82.38.
Morgan expects Encompass Health to post earnings per share (EPS) of $0.78 for the first quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Encompass Health, with an average price target of $94.22.
The analysts price targets range from a high of $106 to a low of $87.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.17 billion and a net profit of $172.5 million. The company's market cap is $8.19 billion.
According to TipRanks.com, RBC Capital analyst Frank Morgan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.6% and a 69.61% success rate.
Encompass Health Corp. engages in providing post-acute healthcare services. It operates through the following segments: Inpatient Rehabilitation and Home Health & Hospice. The Inpatient Rehabilitation segment operates inpatient rehabilitation hospitals that provides rehabilitative treatment and care to patients who are recovering from stroke and other neurological disorders, cardiac & pulmonary conditions, brain & spinal cord injuries, complex orthopedic conditions and amputations. The Home Health and Hospice segment provides Medicare-certified home nursing, specialized home care and in-home services. The company was founded by Richard M. Scrushy on February 22, 1984 and is headquartered in Birmingham, AL.