What Does The Ensign Group, Inc.’s (NASDAQ:ENSG) Share Price Indicate?

The Ensign Group, Inc. (NASDAQ:ENSG), is not the largest company out there, but it saw a significant share price rise of 27% in the past couple of months on the NASDAQGS. The company is now trading at yearly-high levels following the recent surge in its share price. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let’s examine Ensign Group’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.

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