The Ensign Group Inc "ENSG Management Catch Up: Thoughts on Share Price..."

研报英文原文证据摘录

The Ensign Group Inc "ENSG Management Catch Up: Thoughts on Share Price..."

Global Research

8 June 2026ab

The Ensign Group Inc Equities

United StatesENSG Management Catch Up: Thoughts on

Share Price Volatility Healthcare Providers

12-month rating Buy

12m price target US$230.00Management Check-In Takeaways; Addresses Questions in the Market Today

We have received a number of questions today regarding ENSG related to the adequacy

of company staffing and its quality of care. We had a chance to catch up with ENSG Price (08 Jun 2026) US$156.42

management to discuss the questions. ENSG expressed confidence in its business RIC: ENSG.O BBG: ENSG US

practices and pointed to its ~20 year operating history. The company's strong occupancy

levels rising patient skilled mix, and increasing referral volumes were noted as only being Trading data and key metrics

achievable because the company is delivering high quality outcomes. Further, the 52-wk range US$215.83-136.36

company noted that MCOs and government payers would not continue to refer patients Market cap. US$9.27b

to ENSG facilities if ENSG were continually delivering low quality patient outcomes. Shares o/s 59.3m (COM)

Free float 96%

ENSG Versus Peers Avg. daily volume ('000) 481

Specifically, the company provided data to support its assertions. For example, the Avg. daily value (m) US$88.4

company's same-store cycle 1 Star survey results are 20% better than peers (e.g. the Common s/h equity (12/26E) US$2.71b

~15K nursing homes across the U.S.) on a state level and 29% better on a county level. P/BV (12/26E) 3.8x

The stronger county level data versus peers is more meaningful as this is more granular Net debt to EBITDA (12/26E) 2.1x

and tends to compare similar types of facilities treating similar types of patients. ENSG