Enhabit Reports Q3 Revenue Below Expectations, Focuses on Financial Stability

Enhabit (EHAB) reported Q3 revenue of $263.6 million, slightly below expectations, but the company has made strides in reducing bank debt and enhancing its financial stability. Enhabit operates primarily in the home health and hospice sectors, with a focus on Medicare-certified services. The company's financial performance presents a mixed picture, with a net margin of -12.84% and an EBITDA margin of -5.7%. However, Enhabit is currently trading with a P/S ratio of 0.4 and a P/B ratio of 0.75, both below historical medians, indicating a potentially undervalued stock.