The Ensign Group Stock Today

ENSG Stock  USD 117.82  0.15  0.13%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Ensign is trading at 117.82 as of the 18th of April 2024. This is a 0.13% increase since the beginning of the trading day. The stock's lowest day price was 117.78. Ensign has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for The Ensign Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of February 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
9th of November 2007
Category
Healthcare
Classification
Health Care
The Ensign Group, Inc. provides health care services in the post-acute care continuum and other ancillary businesses. The company was incorporated in 1999 and is based in San Juan Capistrano, California. Ensign operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. The company has 56.9 M outstanding shares of which 3.27 M shares are currently shorted by private and institutional investors with about 12.65 trading days to cover. More on The Ensign Group

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Ensign Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ensign's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ensign or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOChristopher Christensen
Thematic Ideas
(View all Themes)
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, Baby Boomer Prospects, Healthcare, Obamacare, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Ensign report their recommendations after researching Ensign's financial statements, talking to executives and customers, or listening in on Ensign's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ensign Group. The Ensign consensus assessment is calculated by taking the average forecast from all of the analysts covering Ensign.
Financial Strength
Based on the analysis of Ensign's profitability, liquidity, and operating efficiency, The Ensign Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Ensign Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.08390.0501
Way Up
Pretty Stable
Asset Turnover1.730.8927
Way Up
Slightly volatile
Gross Profit Margin0.180.1584
Moderately Up
Very volatile
Net Debt1.4 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Liabilities771.5 M734.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalB1.9 B
Sufficiently Up
Slightly volatile
Total Assets4.4 B4.2 B
Sufficiently Up
Slightly volatile
Total Current Assets1.1 BB
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities395.5 M376.7 M
Sufficiently Up
Slightly volatile
Ensign's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ensign's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ensign's financial leverage. It provides some insight into what part of Ensign's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Ensign's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Ensign deploys its capital and how much of that capital is borrowed.
Liquidity
Ensign cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.87 B in liabilities with Debt to Equity (D/E) ratio of 1.25, which is about average as compared to similar companies. Ensign Group has a current ratio of 1.25, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist Ensign until it has trouble settling it off, either with new capital or with free cash flow. So, Ensign's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ensign Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ensign to invest in growth at high rates of return. When we think about Ensign's use of debt, we should always consider it together with cash and equity.

Stock Based Compensation

32.31 Million
The Ensign Group (ENSG) is traded on NASDAQ Exchange in USA. It is located in 29222 Rancho Viejo Road, San Juan Capistrano, CA, United States, 92675 and employs 35,300 people. Ensign is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ensign's market, we take the total number of its shares issued and multiply it by Ensign's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ensign Group conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 56.9 M outstanding shares of which 3.27 M shares are currently shorted by private and institutional investors with about 12.65 trading days to cover. The Ensign Group currently holds about 321.1 M in cash with 376.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.79.
Check Ensign Probability Of Bankruptcy
Ownership Allocation
Ensign Group retains a total of 56.9 Million outstanding shares. The majority of The Ensign Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Ensign Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ensign. Please pay attention to any change in the institutional holdings of The Ensign Group as this could imply that something significant has changed or is about to change at the company. Also note that approximately one million one hundred thirty-eight thousand ninety-two invesors are currently shorting Ensign expressing very little confidence in its future performance.
Check Ensign Ownership Details

Ensign Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Ensign jumping above the current price in 90 days from now is about 78.08%. The The Ensign Group probability density function shows the probability of Ensign stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Ensign has a beta of 0.9364 suggesting The Ensign Group market returns are reactive to returns on the market. As the market goes up or down, Ensign is expected to follow. Additionally, the Ensign Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 117.82HorizonTargetOdds Above 117.82
21.63%90 days
 117.82 
78.08%
Based on a normal probability distribution, the odds of Ensign to move above the current price in 90 days from now is about 78.08 (This The Ensign Group probability density function shows the probability of Ensign Stock to fall within a particular range of prices over 90 days) .

Ensign Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Ensign that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ensign's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ensign's value.
InstituionRecorded OnShares
Copeland Capital Management, Llc2023-12-31
M
Van Berkom And Associates Inc2023-12-31
935.2 K
T. Rowe Price Associates, Inc.2023-12-31
871.4 K
Fmr Inc2023-12-31
868.8 K
Northern Trust Corp2023-12-31
783.5 K
Charles Schwab Investment Management Inc2023-12-31
732.2 K
Morgan Stanley - Brokerage Accounts2023-12-31
728.9 K
Norges Bank2023-12-31
579.7 K
Bank Of New York Mellon Corp2023-12-31
540.4 K
Blackrock Inc2023-12-31
10 M
Vanguard Group Inc2023-12-31
6.6 M
View Ensign Diagnostics

Ensign Historical Income Statement

The Ensign Group Income Statement is one of the three primary financial statements used for reporting Ensign's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ensign Group revenue and expense. Ensign Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ensign's Total Revenue is most likely to increase significantly in the upcoming years. The Ensign's current Gross Profit is estimated to increase to about 620.3 M, while Tax Provision is projected to decrease to roughly 47 M. View More Fundamentals

Ensign Stock Against Markets

Picking the right benchmark for Ensign stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ensign stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ensign is critical whether you are bullish or bearish towards The Ensign Group at a given time. Please also check how Ensign's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ensign without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Ensign Corporate Directors

Ensign corporate directors refer to members of an Ensign board of directors. The board of directors generally takes responsibility for the Ensign's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ensign's board members must vote for the resolution. The Ensign board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Barry SmithIndependent DirectorProfile
Daren ShawIndependent DirectorProfile
Malene DavisDirectorProfile
Ann BlouinDirectorProfile

How to buy Ensign Stock?

Before investing in Ensign, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ensign. To buy Ensign stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ensign. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Ensign stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located The Ensign Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased The Ensign Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as The Ensign Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ensign Stock please use our How to Invest in Ensign guide.

Already Invested in The Ensign Group?

The danger of trading The Ensign Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ensign is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ensign. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ensign Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ensign Group is a strong investment it is important to analyze Ensign's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ensign's future performance. For an informed investment choice regarding Ensign Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Ensign Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Ensign's price analysis, check to measure Ensign's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ensign is operating at the current time. Most of Ensign's value examination focuses on studying past and present price action to predict the probability of Ensign's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensign's price. Additionally, you may evaluate how the addition of Ensign to your portfolios can decrease your overall portfolio volatility.
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Is Ensign's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ensign. If investors know Ensign will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ensign listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Dividend Share
0.233
Earnings Share
3.65
Revenue Per Share
66.945
Quarterly Revenue Growth
0.211
The market value of Ensign Group is measured differently than its book value, which is the value of Ensign that is recorded on the company's balance sheet. Investors also form their own opinion of Ensign's value that differs from its market value or its book value, called intrinsic value, which is Ensign's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ensign's market value can be influenced by many factors that don't directly affect Ensign's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ensign's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensign is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensign's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.