This Morning's Technical Outlook on Long-Term Care Facilities Stocks -- Brookdale Senior Living, Envision Healthcare, Genesis Healthcare, and Kindred Healthcare
NEW YORK, Nov. 29, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on BKD, EVHC, GEN, and KND which is a click away at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com covers the following equities: Brookdale Senior Living Inc. (NYSE: BKD), Envision Healthcare Corp. (NYSE: EVHC), Genesis Healthcare Inc. (NYSE: GEN), and Kindred Healthcare Inc. (NYSE: KND). Companies in the Nursing Homes and Long-Term Care Facilities industry provide long-term skilled nursing care, other types of care, and social services in residential facilities. With Wall St. Equities' free research reports get an edge over stock markets, sign up now at: www.wallstequities.com/registration.
Brookdale Senior Living
Brentwood, Tennessee headquartered Brookdale Senior Living Inc.'s shares closed Tuesday's trading session flat at $10.72. The stock recorded a trading volume of 1.42 million shares. The Company's shares have advanced 11.78% in the last month. The stock is trading 3.05% above its 50-day moving average. Additionally, shares of the Company, which owns and operates senior living communities in the US, have a Relative Strength Index (RSI) of 57.91.
On November 08th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $16 a share to $13 a share.
On November 13th, 2017, Brookdale Senior Living announced that 17 of its skilled nursing communities made the cut for this year's "Best Nursing Homes" list by US News & World Report. Each facility is rated on a five-level scale, and the "best" designation is given to those that earn the top-rated label in care, safety, health inspections, staffing, and other criteria. Our free and thorough report on BKD awaits you at: www.wallstequities.com/registration/?symbol=BKD
Envision Healthcare
On Tuesday, shares in Nashville, Tennessee-based Envision Healthcare Corp. recorded a trading volume of 3.05 million shares. The stock rose 2.16%, ending the day at $30.72. The Company's shares are trading below their 50-day moving average by 18.84%. Furthermore, shares of Envision Healthcare, which through its subsidiaries, provides various healthcare services in the US, have an RSI of 42.84.
On November 17th, 2017, research firm Mizuho reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $57 a share to $31 a share. EVHC complimentary research coverage a few simple steps away at: www.wallstequities.com/registration/?symbol=EVHC
Genesis Healthcare
Kennett Square, Pennsylvania headquartered Genesis Healthcare Inc.'s stock finished the day 12.17% lower at $0.75. A total volume of 873,470 shares was traded, which was above their three months average volume of 353,490 shares. The Company's shares are trading below their 50-day moving average by 25.09%. Additionally, shares of Genesis Healthcare, which together with its subsidiaries, owns and operates skilled nursing facilities and assisted/senior living facilities in the US, have an RSI of 24.05.
On November 08th, 2017, Genesis Healthcare announced its results for Q3 ended September 30th, 2017. US GAAP revenue in Q3 2017 was $1.32 billion, and US GAAP net loss attributable to the Company was $373.8 million. Adjusted EBITDAR in the quarter was $147.8 million and adjusted EBITDA was $109.1 million. Register for your free research report on GEN at: www.wallstequities.com/registration/?symbol=GEN
Kindred Healthcare
Shares in Louisville, Kentucky headquartered Kindred Healthcare Inc. ended yesterday's session 3.77% lower at $7.65. The stock recorded a trading volume of 829,275 shares. The Company's shares have advanced 26.45% in the last one month and 2.00% over the previous three months. The stock is trading 13.48% above its 50-day moving average. Moreover, shares of Kindred Healthcare, which provides healthcare services in the US, have an RSI of 54.51.
On November 07th, 2017, Kindred Healthcare announced its results for Q3 ended September 30th, 2017. Consolidated revenues were $1.48 billion for the quarter, GAAP loss from continuing operations was $18.4 million, core EBITDAR declined to $156.9 million, and core EBITDA declined to $83.9 million. GAAP operating cash flows for Q3 2017 were $8.5 million, core operating cash flows were $29.8 million, and core free cash flows were $3.3 million.
On November 20th, 2017, research firm Stifel upgraded the Company's stock rating from 'Sell' to 'Hold' with a target price of $7 per share. Wall St. Equities' downloadable research report on KND available at: www.wallstequities.com/registration/?symbol=KND
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