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EHAB
Stock ticker: NYSE
AS OF
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Price
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Capitalization
612.25M

EHAB Enhabit Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for EHAB with price predictions
08:00 PM EDT Sep 20, 2023

Momentum Indicator for EHAB turns negative, indicating new downward trend

EHAB saw its Momentum Indicator move below the 0 level on September 14, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 25 similar instances where the indicator turned negative. In of the 25 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for EHAB turned negative on September 19, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 11 similar instances when the indicator turned negative. In of the 11 cases the stock turned lower in the days that followed. This puts the odds of success at .

EHAB moved below its 50-day moving average on September 14, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for EHAB crossed bearishly below the 50-day moving average on August 16, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 3 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EHAB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for EHAB entered a downward trend on August 25, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EHAB's RSI Indicator exited the oversold zone, of 8 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EHAB advanced for three days, in of 60 cases, the price rose further within the following month. The odds of a continued upward trend are .

EHAB may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. EHAB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.928) is normal, around the industry mean (4.965). P/E Ratio (10.753) is within average values for comparable stocks, (73.085). EHAB's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.454). EHAB has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.024). P/S Ratio (0.590) is also within normal values, averaging (18.512).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EHAB’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are DaVita (NYSE:DVA), Community Health Systems (NYSE:CYH).

Industry description

The medical/nursing services includes companies that provide medical-related services such as ambulance services, dialysis centers, respiratory therapy, blood testing and rehabilitation services. DaVita Inc., Chemed Corporation and Guardant Health, Inc. are examples of companies in this industry.

Market Cap

The average market capitalization across the Medical/Nursing Services Industry is 3.6B. The market cap for tickers in the group ranges from 1.86K to 69.14B. HCA holds the highest valuation in this group at 69.14B. The lowest valued company is CSAY at 1.86K.

High and low price notable news

The average weekly price growth across all stocks in the Medical/Nursing Services Industry was -3%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -0%. BNKL experienced the highest price growth at 100%, while TPIA experienced the biggest fall at -44%.

Volume

The average weekly volume growth across all stocks in the Medical/Nursing Services Industry was -27%. For the same stocks of the Industry, the average monthly volume growth was -52% and the average quarterly volume growth was 19%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 62
Price Growth Rating: 63
SMR Rating: 80
Profit Risk Rating: 83
Seasonality Score: -24 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published Earnings

EHAB is expected to report earnings to rise 125.25% to 9 cents per share on October 31

Enhabit EHAB Stock Earnings Reports
Q3'23
Est.
$0.09
Q2'23
Missed
by $0.09
Q1'23
Missed
by $0.06
Q4'22
Beat
by $0.09
Q3'22
Missed
by $0.11
The last earnings report on August 09 showed earnings per share of 3 cents, missing the estimate of 12 cents. With 103.94K shares outstanding, the current market capitalization sits at 612.25M.
A.I. Advisor
published General Information

General Information

Industry MedicalNursingServices

Profile
Fundamentals
Details
Industry
N/A
Address
6688 N. Central Expressway
Phone
+1 214 239-6500
Employees
11000
Web
https://www.ehab.com
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EHAB and

Correlation & Price change

A.I.dvisor indicates that over the last year, EHAB has been loosely correlated with AMED. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if EHAB jumps, then AMED could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EHAB
1D Price
Change %
EHAB100%
-1.55%
AMED - EHAB
35%
Loosely correlated
-0.56%
CHE - EHAB
29%
Poorly correlated
-1.30%
SEM - EHAB
22%
Poorly correlated
-0.73%
MD - EHAB
22%
Poorly correlated
-0.08%
PNTG - EHAB
21%
Poorly correlated
-0.80%
More

Groups containing EHAB

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EHAB
1D Price
Change %
EHAB100%
-1.55%
Medical/Nursing Services
(undefined stocks)
31%
Poorly correlated
-0.09%
Health Services
(undefined stocks)
28%
Poorly correlated
-0.13%