RBC Capital analyst Frank Morgan maintained a Buy rating on The Ensign Group (NASDAQ:ENSG) on Friday, setting a price target of $100, which is approximately 17.55% above the present share price of $85.07.
Morgan expects The Ensign Group to post earnings per share (EPS) of $0.91 for the third quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in The Ensign Group, with an average price target of $98.
The analysts price targets range from a high of $100 to a low of $96.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $627.25 million and a net profit of $63.68 million. The company's market cap is $4.69 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 23.1% and a 67.78% success rate.
The Ensign Group, Inc. engages in the provision of healthcare services, as well as urgent care centers and mobile ancillary businesses. It operates through the following business segments: Transitional and Skilled Services, Senior Living Services, and Home Health and Hospice Services. The Transitional and Skilled Services segment involves in providing patients with medical, nursing, rehabilitative, pharmacy, and routine services, including daily dietary, social, and recreational services. The Senior Living Services segment operates assisted and independent living facilities. The Home Health and Hospice Services segment includes health care services which consist of providing combination of nursing, speech, occupational and physical therapists, medical social workers, and certified home health aide services. The company was founded by Roy E. Christensen, Christopher R. Christensen, and Gregory K. Stapley in 1999 and is headquartered in San Juan Capistrano, CA.