Added to YB: 2024-08-19
Pitch date: 2024-08-15
EHAB [neutral]
Enhabit, Inc.
+62.35%
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 Home Health segment offers nursing care; physical, occupational, and speech therapy; medical and social work; and home health aide services.
Market Cap
$706.4M
Pitch Price
$8.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.52
P/E
-212.50
EV/Sales
1.10
Sector
Health Care Providers and Services
Category
turnaround
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)