<- Go home

Added to YB: 2024-08-19

Pitch date: 2024-08-15

EHAB [neutral]

Enhabit, Inc.

+14%

current return

Author Info

Stock Spin-Off Investing is a former equity and PE researcher who shares spin-off related content. Visit the website.

Company Info

Enhabit, Inc. provides home health and hospice services in the United States. The company’s home health services include patient education, pain management, wound care and dressing changes, cardiac rehabilitation, infusion therapy, pharmaceutical administration, and skilled observation and assessment services; practices to treat chronic diseases and conditions, including diabetes, hypertension, arthritis, Alzheimer’s disease, low vision, spinal stenosis, Parkinson’s disease, osteoporosis, complex wound care and chronic pain, along with disease-specific plans for patients with diabetes, congestive heart failure, post-orthopedic surgery, or injury and respiratory diseases; and physical, occupational and speech therapists provide therapy services.

Market Cap

$409.4M

Pitch Price

$8.50

Price Target

N/A

Dividend

N/A

EV/EBITDA

8.31

P/E

-34.43

EV/Sales

0.86

Sector

Health Care Providers and Services

Category

turnaround

Show full summary:
3 Spin-offs with Insider Buying - Enhabit, Inc.

EHAB: Home health & hospice co. at 10x EBITDA vs. peers 13-21x. Aging population tailwind, fragmented market. Insiders buying. Revenue/EBITDA shrinking but may have bottomed. 5x leverage. Turnaround via contract repricing from Medicare Advantage shift impact. Potential M&A target in consolidating sector.

Read full article (2 min)