Ensign Group Stock Fair Value Calculation – Cetera Advisor Networks LLC Reduces Investment in The Ensign Group,
December 17, 2023
🌥️Trending News
Cetera Advisor Networks LLC has recently reduced its stake in The Ensign Group ($NASDAQ:ENSG), Inc. (NASDAQ: ENSG), a provider of comprehensive post-acute healthcare services, specializing in operating skilled nursing and assisted living facilities. The Ensign Group, Inc. is dedicated to delivering the highest quality patient care and contributing to the communities they serve. Their innovative approach across in-home health, assisted living, skilled nursing, and hospice has made them an industry leader.
As one of the largest healthcare providers in the United States, they have been able to provide numerous opportunities for their employees and have seen significant success due to their commitment to excellence. The Ensign Group, Inc. continues to make strides in the healthcare industry and will continue to focus on providing quality care services to its patients.
Market Price
On Tuesday, Cetera Advisor Networks LLC announced that it had reduced its investment in The Ensign Group, Inc. (ENSIGN GROUP). This came after the stock opened at $108.6 and closed down 1.3% at $107.2, lower than the previous closing price of 108.7. Despite this downturn in its stock price, the company is still well-positioned to benefit from strong tailwinds in the long-term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ensign Group. More…
| Total Revenues | Net Income | Net Margin |
| 3.56k | 248.18 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ensign Group. More…
| Operations | Investing | Financing |
| 341.57 | -180.16 | -2.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ensign Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.08k | 2.62k | 25.97 |
Key Ratios Snapshot
Some of the financial key ratios for Ensign Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.1% | 14.1% | 9.2% |
| FCF Margin | ROE | ROA |
| 6.6% | 14.4% | 5.0% |
Analysis – Ensign Group Stock Fair Value Calculation
At GoodWhale, we have been analyzing the fundamentals of ENSIGN GROUP to gain insights into potential investment opportunities. Our proprietary Valuation Line has determined that the fair value of ENSIGN GROUP shares is around $104.5. We recommend that investors who are interested in ENSIGN GROUP keep an eye on the stock price and watch for any changes in the market that could affect its value. More…
Peers
The company has a strong focus on quality and customer satisfaction. Ensign Group Inc competes with Nova Leap Health Corp, Extendicare Inc, and Oceania Healthcare Ltd in the provision of health care services. All these companies have a strong focus on quality and customer satisfaction.
However, Ensign Group Inc has a differentiated business model that has enabled it to achieve a competitive advantage in the market.
– Nova Leap Health Corp ($TSXV:NLH)
Nova Leap Health Corp is a Canadian company that provides home health care services. The company has a market cap of 24.97M and a ROE of 1.6%. Nova Leap is a provider of home health care services that offers a wide range of services to its clients, including personal care, companionship, homemaking, and respite care. The company has a strong focus on providing quality care to its clients and has a team of experienced and qualified caregivers. Nova Leap is dedicated to providing its clients with the best possible care and service, and to making a positive difference in their lives.
– Extendicare Inc ($TSX:EXE)
Extendicare Inc is a Canadian health care provider specializing in the provision of long-term care services, retirement living accommodations, and assisted living facilities. As of December 31, 2020, the Company operated a total of 235 long-term care homes with 27,936 beds, including 206 homes and 26,268 beds in Canada and 29 homes and 1,668 beds in the United States. The Company also operated 11 retirement living communities with 2,005 units, including 10 communities and 1,959 units in Canada and one community with 46 units in the United States.
– Oceania Healthcare Ltd ($NZSE:OCA)
Oceania Healthcare Ltd focuses on providing healthcare services in New Zealand and Australia. The company has a market capitalization of 599.78 million as of 2022 and a return on equity of 5.06%. Oceania Healthcare Ltd provides services to residents in aged care, mental health, and disability sectors. The company has a strong presence in New Zealand with over 60% of its total assets located in the country.
Summary
Cetera Advisor Networks LLC recently sold part of its stake in The Ensign Group, Inc. (ENSIGN). This is a sign that investors are less optimistic about the company’s potential for growth. Analysts have noted that ENSIGN has a strong balance sheet and high profitability, which should support its stock performance over the long-term.
However, there are also some risks. The company operates in a highly competitive market, and a downturn in the economy could lead to reduced demand for its services.
In addition, while the healthcare sector has been relatively resilient, increased government regulations could hurt the industry. Overall, investors should continue to monitor ENSIGN’s fundamentals and its performance relative to peers to determine whether to maintain or adjust their positions.
