Encompass Health Corp Stock Today
| EHC Stock | USD 82.80 0.34 0.41% |
Performance14 of 100
| Odds Of DistressLess than 9
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Encompass Health is trading at 82.80 as of the 24th of April 2024, a 0.41 percent up since the beginning of the trading day. The stock's open price was 82.46. Encompass Health has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Encompass Health Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2023 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 30th of September 1986 | Category Healthcare | Classification Health Care |
Encompass Health Corporation provides facility-based and home-based post-acute healthcare services in the United States. Encompass Health Corporation was founded in 1983 and is based in Birmingham, Alabama. Encompass Health operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. The company has 100.14 M outstanding shares of which 2.47 M shares are currently shorted by investors with about 3.66 days to cover. More on Encompass Health Corp
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Encompass 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. Encompass Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Encompass Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mark Tarr | ||||
| Thematic Idea | Healthcare (View all Themes) | ||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP Midcap 400, Healthcare, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Encompass Health report their recommendations after researching Encompass Health's financial statements, talking to executives and customers, or listening in on Encompass Health's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Encompass Health Corp. The Encompass consensus assessment is calculated by taking the average forecast from all of the analysts covering Encompass Health. | |||||
Encompass Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Encompass Health's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Encompass Health's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Encompass Health's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. 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 Encompass Health's financial leverage. It provides some insight into what part of Encompass Health's total assets is financed by creditors.
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Encompass Health Corp (EHC) is traded on New York Stock Exchange in USA. It is located in 9001 Liberty Parkway, Birmingham, AL, United States, 35242 and employs 22,356 people. Encompass Health is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Encompass Health's market, we take the total number of its shares issued and multiply it by Encompass Health'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. Encompass Health Corp runs under Health Care Providers & Services sector within Health Care industry. The entity has 100.14 M outstanding shares of which 2.47 M shares are currently shorted by investors with about 3.66 days to cover.
Encompass Health Corp has about 21.8 M in cash with 850.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.6.
Check Encompass Health Probability Of Bankruptcy
Ownership AllocationEncompass Health Corp retains a total of 100.14 Million outstanding shares. The majority of Encompass Health Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Encompass Health Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Encompass Health. Please pay attention to any change in the institutional holdings of Encompass Health Corp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Encompass Ownership Details
Encompass Stock Price Odds Analysis
What are Encompass Health's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Encompass Health jumping above the current price in 90 days from now is under 4%. The Encompass Health Corp probability density function shows the probability of Encompass Health stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1302 suggesting Encompass Health Corp market returns are highly-sensitive to returns on the market. As the market goes up or down, Encompass Health is expected to follow. Additionally, encompass Health Corp has an alpha of 0.1437, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Encompass Health to move above the current price in 90 days from now is under 4 (This Encompass Health Corp probability density function shows the probability of Encompass Stock to fall within a particular range of prices over 90 days) .
Encompass Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Encompass Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Encompass Health'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 Encompass Health's value.| Instituion | Recorded On | Shares | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.8 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.8 M | |
| Point72 Asset Management, L.p. | 2023-09-30 | 1.8 M | |
| Hhg Plc | 2023-12-31 | 1.6 M | |
| Fmr Inc | 2023-12-31 | 1.6 M | |
| Geode Capital Management, Llc | 2023-12-31 | 1.5 M | |
| Td Global Investment Solutions – Td Epoch | 2023-12-31 | 1.4 M | |
| Sumitomo Mitsui Trust Holdings Inc | 2024-03-31 | 1.3 M | |
| Copeland Capital Management, Llc | 2024-03-31 | 1.3 M | |
| Vanguard Group Inc | 2023-12-31 | 10 M | |
| Blackrock Inc | 2023-12-31 | 9.1 M |
Encompass Health Historical Income Statement
Encompass Health Corp Income Statement is one of the three primary financial statements used for reporting Encompass's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Encompass Health Corp revenue and expense. Encompass Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Encompass Health's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 369.6 M, whereas Depreciation And Amortization is forecasted to decline to about 158 M. View More FundamentalsEncompass Stock Against Markets
Picking the right benchmark for Encompass Health 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 Encompass Health 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 Encompass Health is critical whether you are bullish or bearish towards Encompass Health Corp at a given time. Please also check how Encompass Health's historical prices are related to one of the top price index indicators.
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Encompass Health Corporate Directors
Encompass Health corporate directors refer to members of an Encompass Health board of directors. The board of directors generally takes responsibility for the Encompass Health'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 Encompass Health's board members must vote for the resolution. The Encompass Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Christopher Reidy | Independent Director | Profile | |
| John Chidsey | Independent Director | Profile | |
| Nancy Schlichting | Independent Director | Profile | |
| Yvonne Curl | Independent Director | Profile |
How to buy Encompass Stock?
Before investing in Encompass Health, 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 Encompass Health. To buy Encompass Health stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Encompass Health. 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 Encompass Health stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Encompass Health Corp 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 Encompass Health Corp 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 Encompass Health Corp, 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 Encompass Stock please use our How to Invest in Encompass Health guide.
Already Invested in Encompass Health Corp?
The danger of trading Encompass Health Corp 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 Encompass Health 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 Encompass Health. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Encompass Health Corp 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 Encompass Health Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Encompass Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Encompass Health Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Encompass Health Corp Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Encompass Health Corp information on this page should be used as a complementary analysis to other Encompass Health'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Encompass Stock analysis
When running Encompass Health's price analysis, check to measure Encompass Health'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 Encompass Health is operating at the current time. Most of Encompass Health's value examination focuses on studying past and present price action to predict the probability of Encompass Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Encompass Health's price. Additionally, you may evaluate how the addition of Encompass Health to your portfolios can decrease your overall portfolio volatility.
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Is Encompass Health'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 Encompass Health. If investors know Encompass 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 Encompass Health 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 (0.03) | Dividend Share 0.6 | Earnings Share 3.59 | Revenue Per Share 48.253 | Quarterly Revenue Growth 0.096 |
The market value of Encompass Health Corp is measured differently than its book value, which is the value of Encompass that is recorded on the company's balance sheet. Investors also form their own opinion of Encompass Health's value that differs from its market value or its book value, called intrinsic value, which is Encompass Health'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 Encompass Health's market value can be influenced by many factors that don't directly affect Encompass Health'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 Encompass Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encompass Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encompass Health'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.