Encompass Health Corp (NYSE:EHC) shares, rose in value, with the stock price down by -0.31% to the previous day’s close as strong demand from buyers drove the stock to $82.47.
Actively observing the price movement in the last trading, the stock closed the session at $82.73. The value of beta (5-year monthly) was 0.83 whereas the PE ratio was 22.24 over 12-month period. Referring to stock’s 52-week performance, its high was $85.84, and the low was $57.55. On the whole, EHC has fluctuated by 6.13% over the past month.
With the market capitalization of Encompass Health Corp currently standing at about $8.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 25, 2024 – Apr 29, 2024. The company’s Forward Dividend Ratio is 0.60, with its dividend yield at 0.73%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.29B, with a low estimate of 1.29B and a high estimate of 1.32B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.31B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EHC’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.74, with the price of EHC currently trading nearly 1.26% and 5.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.13, while the 7-day volatility ratio is showing 2.63% which for the 30-day chart, stands at 2.17%. Furthermore, Encompass Health Corp (EHC)’s beta value is 0.94, and its average true range (ATR) is 1.74.
A comparison of Encompass Health Corp (EHC) with its peers suggests the former has fared considerably weaker in the market. EHC showed an intraday change of -0.31% in last session, and over the past year, it grew by 29.51%%.
Data on historical trading for Encompass Health Corp (NYSE:EHC) indicates that the trading volumes over the past 3 months, they’ve averaged 709.31K. According to company’s latest data on outstanding shares, there are 100.25 million shares outstanding.
Nearly 1.53% of Encompass Health Corp’s shares belong to company insiders and institutional investors own 99.09% of the company’s shares. The stock has risen by 23.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EHC stock heading into the next quarter.
