<- Go home

Added to YB: 2025-07-03

Pitch date: 2025-06-30

EHAB [neutral]

Enhabit, Inc.

+11.78%

current return

Author Info

Clark Street Value is a special sits/event-driven investor. Sign up for the newsletter.

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

$8.66

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:
Clark Street Value Mid Year 2025 Portfolio Review: Spinoffs / Asset Sales - Enhabit, Inc.

EHAB (holding update): Home health/hospice spin from EHC. Initially struggled with Medicare to Medicare Advantage shift. Now deleveraging with demographic tailwind as seniors prefer home care. Cheap at 9.4x EBITDA (vs peers acquired at ~19x) with 5.4x leverage. Risk: CMS proposed -5% Medicare adjustment for 2026.

Read full article (1 min)