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Ensign Group (Ensign Group) Momentum Rank : 10 (As of Apr. 28, 2024)


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What is Ensign Group Momentum Rank?

Ensign Group has the Momentum Rank of 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Ensign Group's Momentum Rank

For the Medical Care Facilities subindustry, Ensign Group's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ensign Group's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ensign Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Ensign Group's Momentum Rank falls into.



Ensign Group Momentum Rank Related Terms

Thank you for viewing the detailed overview of Ensign Group's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Ensign Group (Ensign Group) Business Description

Traded in Other Exchanges
Address
29222 Rancho Viejo Road, Suite 127, San Juan Capistrano, CA, USA, 92675
Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The real estate segment comprises of properties owned by the company and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the services segment.
Executives
Daren Shaw director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Spencer Burton officer: President and COO 29222 RANCHO VIEJO ROAD, SUITE 127, SAN JUAN CAPISTRANO CA 92675
Ann Scott Blouin director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Chad Keetch officer: Executive Vice President 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Christopher R. Christensen director, 10 percent owner, officer: President & CEO 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Suzanne D. Snapper officer: CFO 27101 PUERTA REAL, STE 450, MISSION VIEJO CA 92691
John O Agwunobi director 4800 NORTH SCOTTSDALE ROAD, SCOTTSDALE AZ 85251
Lee A Daniels director 5152 N. EDGEWOOD DRIVE, SUITE 375, PROVO UT 84604
Beverly B. Wittekind officer: VP & General Counsel 27101 PUERTA REAL, STE 450, MISSION VIEJO CA 92691
Barry Port officer: President of a subsidiary 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
John G. Nackel director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Swati Bargotra Abbott director 4800 NORTH SCOTTSDALE ROAD, SUITE 4400, SCOTTSDALE AZ 85251
Antoinette T. Hubenette director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Malene Davis director 50 F. STREET, NW, SUITE 3300, WASHINGTON DC 92691
Roy E Christensen director, 10 percent owner, officer: Chairman of the Board 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691