Enhabit Stock Price To Earning
| EHAB Stock | USD 10.19 0.16 1.60% |
Enhabit fundamentals help investors to digest information that contributes to Enhabit's financial success or failures. It also enables traders to predict the movement of Enhabit Stock. The fundamental analysis module provides a way to measure Enhabit's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enhabit stock.
Enhabit | Price To Earning |
Enhabit Company Price To Earning Analysis
Enhabit's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Enhabit Price To Earning | 6.49 X |
Most of Enhabit's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enhabit is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enhabit Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Enhabit is extremely important. It helps to project a fair market value of Enhabit Stock properly, considering its historical fundamentals such as Price To Earning. Since Enhabit's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enhabit's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enhabit's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Enhabit Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Enhabit has a Price To Earning of 6.49 times. This is 74.88% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The price to earning for all United States stocks is 77.4% higher than that of the company.
Enhabit Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enhabit's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enhabit could also be used in its relative valuation, which is a method of valuing Enhabit by comparing valuation metrics of similar companies.Enhabit is currently under evaluation in price to earning category among related companies.
Enhabit Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | 0.0161 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 1.12 B | ||||
| Shares Outstanding | 50.16 M | ||||
| Shares Owned By Insiders | 2.30 % | ||||
| Shares Owned By Institutions | 97.70 % | ||||
| Number Of Shares Shorted | 3.09 M | ||||
| Price To Earning | 6.49 X | ||||
| Price To Book | 0.78 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 1.05 B | ||||
| Gross Profit | 545.5 M | ||||
| EBITDA | 69.1 M | ||||
| Net Income | (80.5 M) | ||||
| Cash And Equivalents | 50.2 M | ||||
| Cash Per Share | 1.01 X | ||||
| Total Debt | 610.1 M | ||||
| Debt To Equity | 0.72 % | ||||
| Current Ratio | 1.41 X | ||||
| Book Value Per Share | 13.38 X | ||||
| Cash Flow From Operations | 45.2 M | ||||
| Short Ratio | 6.63 X | ||||
| Earnings Per Share | (1.61) X | ||||
| Price To Earnings To Growth | (1.70) X | ||||
| Target Price | 10.93 | ||||
| Number Of Employees | 10.8 K | ||||
| Market Capitalization | 503.06 M | ||||
| Total Asset | 1.47 B | ||||
| Retained Earnings | 254.5 M | ||||
| Working Capital | 72.4 M | ||||
| Net Asset | 1.47 B |
About Enhabit Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enhabit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enhabit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enhabit based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Enhabit
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enhabit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enhabit will appreciate offsetting losses from the drop in the long position's value.Moving against Enhabit Stock
| 0.49 | ETON | Eton Pharmaceuticals Upward Rally | PairCorr |
| 0.45 | EGRX | Eagle Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to Enhabit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enhabit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enhabit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enhabit to buy it.
The correlation of Enhabit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enhabit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enhabit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enhabit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Enhabit Piotroski F Score and Enhabit Altman Z Score analysis. For information on how to trade Enhabit Stock refer to our How to Trade Enhabit Stock guide.Note that the Enhabit information on this page should be used as a complementary analysis to other Enhabit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Enhabit Stock analysis
When running Enhabit's price analysis, check to measure Enhabit'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 Enhabit is operating at the current time. Most of Enhabit's value examination focuses on studying past and present price action to predict the probability of Enhabit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enhabit's price. Additionally, you may evaluate how the addition of Enhabit to your portfolios can decrease your overall portfolio volatility.
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Is Enhabit'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 Enhabit. If investors know Enhabit 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 Enhabit 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 (0.91) | Earnings Share (1.61) | Revenue Per Share 20.968 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0161 |
The market value of Enhabit is measured differently than its book value, which is the value of Enhabit that is recorded on the company's balance sheet. Investors also form their own opinion of Enhabit's value that differs from its market value or its book value, called intrinsic value, which is Enhabit'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 Enhabit's market value can be influenced by many factors that don't directly affect Enhabit'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 Enhabit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enhabit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enhabit'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.