According to Zacks, “Encompass Health Corporation provides inpatient rehabilitation hospitals and home-based care services. It offers facility-based and home-based patient care through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. Encompass Health Corporation, formerly known as HealthSouth Corporation, is headquartered in Birmingham, Alabama. “
Several other equities research analysts have also commented on EHC. BMO Capital Markets started coverage on shares of Encompass Health in a report on Thursday, June 27th. They issued an outperform rating and a $72.00 price target for the company. Barclays upgraded shares of Encompass Health from an equal weight rating to an overweight rating and boosted their price target for the company from $68.00 to $70.00 in a report on Thursday, May 30th. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $75.00.
Encompass Health (AMEX:EHC) last announced its quarterly earnings data on Monday, July 29th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.11. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the business earned $0.99 EPS. The company’s quarterly revenue was up 6.3% compared to the same quarter last year.
The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 1st were issued a $0.27 dividend. The ex-dividend date was Friday, June 28th. This represents a $1.08 annualized dividend and a dividend yield of ∞.
Encompass Health Company Profile
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.
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