Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Kindred Healthcare (KND) Stock Price

News headlines about Kindred Healthcare (NYSE:KND) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kindred Healthcare earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news coverage about the health services provider an impact score of 45.9577245854586 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news articles that may have effected Accern’s analysis:

KND has been the subject of a number of research reports. Zacks Investment Research upgraded shares of Kindred Healthcare from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a research report on Wednesday, May 3rd. UBS AG restated a “neutral” rating and set a $10.50 target price (up from $8.00) on shares of Kindred Healthcare in a research report on Friday, May 5th. Royal Bank Of Canada restated a “hold” rating and set a $10.00 target price on shares of Kindred Healthcare in a research report on Friday, May 5th. Barclays PLC restated a “buy” rating and set a $13.00 target price (up from $11.00) on shares of Kindred Healthcare in a research report on Sunday, May 7th. Finally, Mizuho restated a “neutral” rating and set a $9.00 target price on shares of Kindred Healthcare in a research report on Monday, July 3rd. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $9.94.

Shares of Kindred Healthcare (NYSE KND) traded up 1.99% on Friday, hitting $7.70. 3,112,295 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $9.69 and its 200 day moving average price is $9.21. Kindred Healthcare has a 12-month low of $5.65 and a 12-month high of $11.90. The stock’s market cap is $670.05 million.

Kindred Healthcare (NYSE:KND) last released its earnings results on Thursday, August 3rd. The health services provider reported $0.19 EPS for the quarter, topping the Thomson Reuters’ 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 quarter last year, the business earned $0.38 EPS. The business’s revenue was down 4.6% on a year-over-year basis. On average, equities analysts predict that Kindred Healthcare will post $0.53 earnings per share for the current fiscal year.

WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Kindred Healthcare (KND) Stock Price” was first published by BNB Daily and is the property of of BNB Daily. If you are accessing this report on another website, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The correct version of this report can be accessed at https://www.baseball-news-blog.com/2017/08/19/kindred-healthcare-knd-earns-daily-news-sentiment-rating-of-0-23-updated-updated.html.

Kindred Healthcare Company Profile

Kindred Healthcare, Inc 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.

Insider Buying and Selling by Quarter for Kindred Healthcare (NYSE:KND)

Receive News & Ratings for Kindred Healthcare Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kindred Healthcare Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply