Enhabit Provides Additional Details On Recently Concluded Strategic Review Process; AREX Capital Intends To Nominate Seven Candidates For Election To Company Board

5/23/24 4:38:59 PM ET

Medical/Nursing Services

Health Care

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The Company is filing a preliminary proxy statement because AREX Capital Management, LP has notified the Company that it intends to nominate seven candidates for election to the Company's nine-member board at the 2024 Annual Meeting.

On May 8, 2024, having received no formal proposals, the Company announced that the Board had unanimously determined to terminate the strategic review.

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Recent Analyst Ratings for
$EHAB

Date	Price Target	Rating	Analyst
5/14/2024	$8.50	Underperform → Market Perform	Leerink Partners
5/9/2024	$14.00 → $8.75	Buy → Hold	Jefferies
3/7/2024	$9.50	Sell → Neutral	UBS
12/12/2023	$12.00	Market Perform	TD Cowen
6/20/2023	$10.00	Underperform	SVB Securities
3/16/2023	$15.00	Neutral	Goldman
12/13/2022	$18.00	Market Perform	CJS Securities
12/8/2022	$12.00	Sell	UBS

More analyst ratings

$EHAB
Market Insights

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AREX Capital Urges Stockholders To Support Change At Enhabit At The Upcoming Annual Meeting
Reiterates that Two Leading Proxy Advisory Firms Have Recommended Stockholders Support Meaningful Change to Enhabit's BoardReminds Stockholders that Enhabit Has Historically Made Excuses for Poor Performance and Empty PromisesUnderscores Opportunity Stockholders Have to Add Industry-Specific Expertise to Enhabit's Board at the Annual Meeting on July 25thAREX Capital Management, LP (together with its affiliates, "AREX"), the beneficial owner of approximately 4.9% of the outstanding common shares of Enhabit, Inc. (NYSE:EHAB) ("Enhabit" or the "Company"), today issued an open letter to its fellow stockholders asking them to address the deficiencies of Enhabit's current board of directors by ele
7/22/24 9:04:20 AM ET
$EHAB
Medical/Nursing Services
Health Care
Enhabit Reported Preliminary Q2 Adj EBITDA Of $24.5M-$25.0M, Reduced Bank Debt by $15M
Enhabit, Inc. (NYSE:EHAB) ("Enhabit" or the "Company"), a leading home health and hospice provider, today announced certain unaudited preliminary results for the second quarter ended June 30, 2024. The Company plans to report actual second quarter 2024 financial results on Aug. 6, 2024, and host a webcast and conference call on Aug. 7, 2024. Unaudited Preliminary Results for the Second Quarter Ended June 30, 2024 Adjusted EBITDA* in the range of $24.5 million to $25.0 million Reduced bank debt by $15 million, including a $10 million payment on Enhabit's revolving credit facility 43% of Enhabit's non-Medicare visits shifting to payor innovation contracts at improved rates, an increase f
7/15/24 7:50:21 AM ET
$EHAB
Medical/Nursing Services
Health Care
Enhabit Shareholder AREX Capital Management Issues Letter Expressing 'Disappointment in Enhabit's Continued Excuses and Empty Promises'
https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2F4b216008-24ac-4184-9324-3ce8da548a35.usrfiles.com%2Fugd%2F4b2160_2a4b9d87603040aca08fa852fe969a2d.pdf&esheet=54090927&newsitemid=20240705086860&lan=en-US&anchor=Enhabit%26%238217%3Bs+Excuses+and+Empty+Promises&index=1&md5=a39bf52df03457cf5c388c4f47b336bb
7/5/24 9:23:29 AM ET
$EHAB
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$EHAB
Financials

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Enhabit Reports Third Quarter 2024 Financial Results
Company to host a conference call tomorrow, November 7, 2024, at 10 a.m. EST Enhabit, Inc. (NYSE:EHAB), a leading home health and hospice care provider, today reported its results of operations for the third quarter ended September 30, 2024. "Our continued progress in our strategies during the third quarter resulted in Adjusted EBITDA growth year over year and strong free cash flow generation that led to further debt reduction," said Enhabit's President and Chief Executive Officer Barb Jacobsmeyer. "The payor innovation strategy continues to foster Medicare Advantage growth in our home health segment, and average daily census continues to grow in our hospice segment." QUARTERLY PERFORMAN
11/6/24 4:19:00 PM ET
$EHAB
Medical/Nursing Services
Health Care
Enhabit Home Health & Hospice Announces Date of 2024 Third Quarter Earnings Call
Enhabit, Inc. (NYSE:EHAB), a leading national home health and hospice provider, today announced it will report its results for the third quarter ended Sept. 30, 2024, on Nov. 6, 2024, and host a webcast and conference call on Nov. 7, 2024. Individuals who would like to participate in the conference call webcast should join 15 minutes before the scheduled start time. Nov. 7, 2024 10 a.m. EST Toll-free: 888-660-6150 International: 929-203-0843 Conference ID: 5248158 Internet website: https://events.q4inc.com/attendee/164004764 A link to the webcast of the conference call and online replay can be found on Enhabit's investor website. About Enhabit Home Health & Hospice Enhabit H
10/8/24 4:10:00 PM ET
$EHAB
Medical/Nursing Services
Health Care
Enhabit Announces CFO Transition
Enhabit, Inc. (NYSE:EHAB), ("Enhabit" or the "Company"), a leading home health and hospice care provider, today announced that Crissy Carlisle, chief financial officer, will step down from her role as CFO. Ms. Carlisle has agreed to facilitate a smooth transition of roles and responsibilities. Enhabit has initiated a comprehensive search to identify the Company's next chief financial officer. "Crissy has made important contributions to Enhabit since we became a public company just over two years ago," said Barb Jacobsmeyer, president and CEO of Enhabit. "Her deep commitment to our employees, patients, partners and stockholders, as well as her insights and financial acumen, have contribu
8/6/24 4:40:00 PM ET
$EHAB
Medical/Nursing Services
Health Care

Enhabit Announces Participation in Upcoming BofA Home Care Conference
Enhabit, Inc. (NYSE:EHAB), a leading home health and hospice provider, today announced its participation in the upcoming BofA Securities 2024 Home Care Conference. Enhabit's President and Chief Executive Officer Barb Jacobsmeyer, incoming Chief Financial Officer Ryan Solomon, and Senior Vice President of Strategic Finance & Treasurer Jobie Williams will participate in a fireside chat on Tuesday, Dec. 10, at 9:00 a.m. EST. The fireside chat will be webcast live and available for replay at https://investors.ehab.com under the events and presentations link. About Enhabit Home Health & Hospice Enhabit Home Health & Hospice (Enhabit, Inc.) is a leading national home health and hospice prov
11/19/24 4:17:00 PM ET
$EHAB
Medical/Nursing Services
Health Care
Enhabit Home Health & Hospice Appoints Ryan Solomon as Chief Financial Officer
Seasoned Industry Executive Brings Significant Financial Operations Expertise and Track Record of Driving Growth and Value Creation Enhabit, Inc. (NYSE:EHAB), ("Enhabit"), a leading home health and hospice provider, today announced the appointment of Ryan Solomon as its next chief financial officer (CFO), effective Dec. 9, 2024. Mr. Solomon's appointment follows the previously announced transition of Crissy Carlisle, CFO. Mr. Solomon brings to Enhabit over 20 years of corporate strategy and finance experience, including eight years as CFO in the home health and hospice space and other industries. Mr. Solomon previously served as CFO of AccentCare, where he was responsible for financial pl
11/7/24 7:30:00 AM ET
$EHAB
Medical/Nursing Services
Health Care
Enhabit Reports Third Quarter 2024 Financial Results
Company to host a conference call tomorrow, November 7, 2024, at 10 a.m. EST Enhabit, Inc. (NYSE:EHAB), a leading home health and hospice care provider, today reported its results of operations for the third quarter ended September 30, 2024. "Our continued progress in our strategies during the third quarter resulted in Adjusted EBITDA growth year over year and strong free cash flow generation that led to further debt reduction," said Enhabit's President and Chief Executive Officer Barb Jacobsmeyer. "The payor innovation strategy continues to foster Medicare Advantage growth in our home health segment, and average daily census continues to grow in our hospice segment." QUARTERLY PERFORMAN
11/6/24 4:19:00 PM ET
$EHAB
Medical/Nursing Services
Health Care

Enhabit Home Health & Hospice Appoints Ryan Solomon as Chief Financial Officer
Seasoned Industry Executive Brings Significant Financial Operations Expertise and Track Record of Driving Growth and Value Creation Enhabit, Inc. (NYSE:EHAB), ("Enhabit"), a leading home health and hospice provider, today announced the appointment of Ryan Solomon as its next chief financial officer (CFO), effective Dec. 9, 2024. Mr. Solomon's appointment follows the previously announced transition of Crissy Carlisle, CFO. Mr. Solomon brings to Enhabit over 20 years of corporate strategy and finance experience, including eight years as CFO in the home health and hospice space and other industries. Mr. Solomon previously served as CFO of AccentCare, where he was responsible for financial pl
11/7/24 7:30:00 AM ET
$EHAB
Medical/Nursing Services
Health Care
American Water Appoints New Independent Member to the Board of Directors
American Water Works Company, Inc. (NYSE:AWK) announced today that Stuart M. McGuigan has been appointed as an independent member of the company's board of directors, effective Oct. 29, 2024. "American Water is pleased to have Stuart join our board of directors," said Karl Kurz, Board Chair of American Water. "Stuart has more than 38 years of extensive experience in information technology and management including serving as the Chief Information Officer for national and global public companies, as well as a government agency. He will further strengthen our board, and we look forward to working with him." "We are honored to have Stuart become part of American Water's board," said M. Susan
10/30/24 4:46:00 PM ET
$AWK
$EHAB
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Medical/Nursing Services
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Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
9/6/24 6:43:00 PM ET
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Enhabit Provides Additional Details On Recently Concluded Strategic Review Process; AREX Capital Intends To Nominate Seven Candidates For Election To Company Board

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Recent Analyst Ratings for $EHAB

$EHAB Market Insights

Live Market Insights

AREX Capital Urges Stockholders To Support Change At Enhabit At The Upcoming Annual Meeting

Enhabit Reported Preliminary Q2 Adj EBITDA Of $24.5M-$25.0M, Reduced Bank Debt by $15M

Enhabit Shareholder AREX Capital Management Issues Letter Expressing 'Disappointment in Enhabit's Continued Excuses and Empty Promises'

$EHAB SEC Filings

SEC Form 10-Q filed by Enhabit Inc.

Enhabit Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

Enhabit Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

$EHAB Large Ownership Changes

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SEC Form SC 13G filed by Enhabit Inc.

Amendment: SEC Form SC 13G/A filed by Enhabit Inc.

SEC Form SC 13G/A filed by Enhabit Inc. (Amendment)

$EHAB Financials

Live finance-specific insights

Enhabit Reports Third Quarter 2024 Financial Results

Enhabit Home Health & Hospice Announces Date of 2024 Third Quarter Earnings Call

Enhabit Announces CFO Transition

$EHAB Insider Purchases

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$EHAB Insider Trading

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$EHAB Press Releases

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Director Bolton Jeffrey bought $77,177 worth of shares (10,000 units at $7.72), increasing direct ownership by 12% to 94,144 units (SEC Form 4)

Director Bolton Jeffrey bought $40,050 worth of shares (5,000 units at $8.01), increasing direct ownership by 7% to 78,877 units (SEC Form 4)

Director Bolton Jeffrey bought $58,650 worth of shares (7,000 units at $8.38), increasing direct ownership by 10% to 73,877 units (SEC Form 4)

Director Bolton Jeffrey bought $77,177 worth of shares (10,000 units at $7.72), increasing direct ownership by 12% to 94,144 units (SEC Form 4)

Director Schochet Barry P. was granted 3,336 shares, increasing direct ownership by 9% to 39,838 units (SEC Form 4)

Director Rush Gregory S was granted 3,511 shares, increasing direct ownership by 8% to 47,388 units (SEC Form 4)

Enhabit Announces Participation in Upcoming BofA Home Care Conference

Enhabit Home Health & Hospice Appoints Ryan Solomon as Chief Financial Officer

Enhabit Reports Third Quarter 2024 Financial Results

$EHAB Analyst Ratings

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Enhabit Inc. upgraded by Leerink Partners with a new price target

Enhabit Inc. downgraded by Jefferies with a new price target

Enhabit Inc. upgraded by UBS with a new price target

$EHAB Leadership Updates

Live Leadership Updates

Enhabit Home Health & Hospice Appoints Ryan Solomon as Chief Financial Officer

American Water Appoints New Independent Member to the Board of Directors

Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Recent Analyst Ratings for
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