Kindred Healthcare (KND) Getting Somewhat Favorable Media Coverage, Analysis Shows
News stories about Kindred Healthcare (NYSE:KND) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kindred Healthcare earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the health services provider an impact score of 46.1602763092381 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Analysts recommend to Hold Healthcare Stock: Kindred Healthcare, Inc. (KND) – Street Observer (press release) (streetobserver.com)
- Kindred Healthcare, Inc. (KND) stock dipped -41.30% Quarterly performance – Street Observer (press release) (streetobserver.com)
- Kindred Healthcare, Inc. (KND) Stock Price traded -20.07% off from 200- SMA: Technical Analysis – Voice Of Analysts (analystsbuzz.com)
- Contrasting Kindred Healthcare (KND) and The Competition (americanbankingnews.com)
- Kindred Healthcare, Inc. (NYSE:KND) Sees Price Increase – Up $0.40 – First News 24 (firstnewspaper24.com)
A number of research firms recently commented on KND. BidaskClub downgraded shares of Kindred Healthcare from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Bank of America Corporation reduced their price target on shares of Kindred Healthcare from $7.50 to $6.50 and set an “underperform” rating on the stock in a report on Thursday, September 21st. Zacks Investment Research raised shares of Kindred Healthcare from a “sell” rating to a “hold” rating in a report on Friday, August 11th. Royal Bank Of Canada reduced their price target on shares of Kindred Healthcare from $9.00 to $7.50 and set a “sector perform” rating on the stock in a report on Thursday, September 21st. Finally, Mizuho reaffirmed a “neutral” rating and issued a $9.00 price target on shares of Kindred Healthcare in a report on Monday, July 3rd. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. Kindred Healthcare has an average rating of “Hold” and an average target price of $9.17.
Kindred Healthcare (KND) traded down 2.16% during trading on Friday, hitting $6.80. 728,181 shares of the stock were exchanged. The firm’s market cap is $591.73 million. The stock’s 50-day moving average price is $7.62 and its 200-day moving average price is $9.24. Kindred Healthcare has a 12-month low of $5.50 and a 12-month high of $11.90.
Kindred Healthcare (NYSE:KND) last announced its earnings results on Thursday, August 3rd. The health services provider reported $0.19 EPS for the quarter, topping the consensus estimate of $0.16 by $0.03. Kindred Healthcare had a negative net margin of 16.31% and a positive return on equity of 3.49%. The company had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period last year, the company posted $0.38 earnings per share. The business’s revenue for the quarter was down 4.6% on a year-over-year basis. On average, equities analysts expect that Kindred Healthcare will post $0.35 EPS for the current year.
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About Kindred Healthcare
Kindred Healthcare, Inc, incorporated on March 27, 1998, is a healthcare services company. The Company, through its subsidiaries, operates transitional care (TC) hospitals, a home health, hospice and community care business, inpatient rehabilitation hospitals (IRFs), a contract rehabilitation services business, nursing centers and assisted living facilities across the United States.
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