It has been about a month since the last earnings report for Encompass Health (EHC) . Shares have added about 2.2% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Encompass Health due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Encompass Health Q1 Earnings Beat, ...

The hospital is a joint venture between Piedmont and Encompass Health. BIRMINGHAM, Ala., and ATLANTA, May 23, 2024 /PRNewswire/ -- Piedmont, the largest healthcare system in the state of Georgia, and Encompass Health (NYSE: EHC), the nation's largest owner and operator of inpatient rehabilitation hospitals, announce the opening of Rehabilitation Hospital of Atlanta, a 40-bed inpatient rehabilitation hospital located at 1968 Peachtree Road NW, building 2 on the 6th floor. The hospital provides essential reha ...

Core Viewpoint - Encompass Health Corporation has opened a new 40-bed inpatient rehabilitation hospital in partnership with BJC HealthCare, enhancing its service capacity and market presence in the rehabilitation sector [1][2]. Company Expansion - The new hospital in Ballwin, MO, is part of a joint venture with BJC HealthCare, which now includes three hospitals, aimed at helping patients recover from various conditions [2]. - Encompass Health currently operates 162 hospitals across 37 states and Puerto Rico, with plans to add six new facilities and 280 beds in 2024 [3]. - Over the 2023-2027 period, the company aims to add 6-10 new facilities and increase bed capacity by 80-120 annually, targeting a compound annual growth rate (CAGR) of 6-8% in patient discharges [4]. Financial Performance - The growth initiatives are expected to enhance market share and financial returns, with a reported 2.8% year-over-year increase in net patient revenue per discharge in Q1 2024 [5]. - Encompass Health's shares have increased by 38.4% over the past year, outperforming the industry growth of 23.3% [6]. Market Position - Encompass Health holds a Zacks Rank 2 (Buy), indicating a favorable investment outlook, alongside other top-ranked companies in the medical sector [7].

The hospital is a joint venture between BJC HealthCare and Encompass Health. BIRMINGHAM, Ala. and BALLWIN, Mo., May 21, 2024 /PRNewswire/ -- BJC HealthCare, one of the largest nonprofit health care organizations in the United States, and Encompass Health (NYSE: EHC), the nation's largest owner and operator of inpatient rehabilitation hospitals, announce the opening of The Rehabilitation Institute of St. Louis – West County, a 40-bed inpatient rehabilitation hospital located at 998 Woods Mill Road. The hospi ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. We also note that EHC holds a PEG ratio of 1.28. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into ...

Encompass Health Corporation (EHC) is aided by growing patient volumes, a sound business outlook for 2024, an expanding healthcare portfolio and a notable financial position. Top Zacks Rank & Upbeat Price Performance Encompass Health currently carries a Zacks Rank #2 (Buy). The EHC stock has gained 43.1% in the past year compared with the industry's 24.3% growth. The Zacks Medical sector has rallied 4.6% and the S&P 500 composite has risen 27.6% in the same time frame. Image Source: Zacks Investment Researc ...

Have you been paying attention to shares of Encompass Health (EHC) ? Shares have been on the move with the stock up 7.5% over the past month. The stock hit a new 52-week high of $86.72 in the previous session. Encompass Health has gained 29.7% since the start of the year compared to the 3.9% move for the Zacks Medical sector and the 9.6% return for the Zacks Medical - Outpatient and Home Healthcare industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it ...

BIRMINGHAM, Ala., and KISSIMMEE, Fla., May 7, 2024 /PRNewswire/ -- Encompass Health (NYSE: EHC) announces the opening of Encompass Health Rehabilitation Hospital of Kissimmee, a 50-bed inpatient rehabilitation hospital located at 4950 Calypso Cay Way. The hospital serves patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions. In addition to 24-hour registered nursing ...

BIRMINGHAM, Ala., May 6, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced it will participate in the BofA Securities 2024 Health Care Conference being held in Las Vegas May 14-16, 2024.Encompass Health's President and Chief Executive Officer Mark Tarr and Executive Vice President and Chief Financial Officer Doug Coltharp will present during a fireside chat on Tuesday, May 14, 2024, at 3 p.m. PT.  The presentation will be webcast live and available at http://investor.encompasshealth.co ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companie ...