Encompass Health Corp Forecasted to Earn FY2018 Earnings of $3.40 Per Share (EHC)

Encompass Health Corp (AMEX:EHC) – Equities research analysts at William Blair raised their FY2018 earnings per share (EPS) estimates for Encompass Health in a research note issued to investors on Tuesday. William Blair analyst M. Larew now anticipates that the company will post earnings of $3.40 per share for the year, up from their prior forecast of $3.00. William Blair has a “Outperform” rating on the stock.

Encompass Health (AMEX:EHC) last issued its quarterly earnings results on Thursday, October 26th. The company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01. Encompass Health had a net margin of 8.67% and a return on equity of 23.56%. The company had revenue of $995.60 million during the quarter, compared to the consensus estimate of $985.75 million. During the same quarter in the previous year, the firm earned $0.65 earnings per share. The firm’s quarterly revenue was up 7.4% on a year-over-year basis.

Other analysts have also recently issued research reports about the stock. Stephens reissued a “buy” rating and set a $55.00 price objective on shares of Encompass Health in a report on Friday, January 12th. Robert W. Baird reissued a “buy” rating and set a $59.00 price objective on shares of Encompass Health in a report on Friday, January 12th. Zacks Investment Research raised shares of Encompass Health from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a report on Monday, October 30th. SunTrust Banks set a $58.00 price objective on shares of Encompass Health and gave the stock a “buy” rating in a report on Thursday, December 21st. Finally, Royal Bank of Canada reissued a “buy” rating on shares of Encompass Health in a report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $53.60.

Encompass Health (AMEX EHC) traded down $0.34 during mid-day trading on Thursday, reaching $51.91. 268,749 shares of the company’s stock were exchanged, compared to its average volume of 695,595. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.89. Encompass Health has a 12 month low of $38.24 and a 12 month high of $52.67. The firm has a market capitalization of $5,100.00, a PE ratio of 18.95, a P/E/G ratio of 1.70 and a beta of 0.54.

A hedge fund recently bought a new stake in Encompass Health stock. Dalton Greiner Hartman Maher & Co. acquired a new stake in Encompass Health Corp (AMEX:EHC) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 331,823 shares of the company’s stock, valued at approximately $16,395,000. Dalton Greiner Hartman Maher & Co. owned 0.34% of Encompass Health as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 93.18% of the company’s stock.

In other Encompass Health news, Director Yvonne M. Curl bought 1,000 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were acquired at an average cost of $45.95 per share, with a total value of $45,950.00. Following the acquisition, the director now directly owns 64,144 shares of the company’s stock, valued at approximately $2,947,416.80. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.60% of the company’s stock.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.93%. Encompass Health’s payout ratio is 36.50%.

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About Encompass Health

Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.

Earnings History and Estimates for Encompass Health (AMEX:EHC)

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