Skilled Healthcare Group Given “Neutral” Rating at Credit Suisse (SKH)
Skilled Healthcare Group (NYSE:SKH)‘s stock had its “neutral” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Wednesday. They currently have a $6.00 price target on the stock, up from their previous price target of $5.00. Credit Suisse’s target price indicates a potential downside of 1.48% from the stock’s previous close.
Separately, analysts at Oppenheimer raised their price target on shares of Skilled Healthcare Group from $6.00 to $7.00 in a research note on Tuesday. They now have an “outperform” rating on the stock.
Skilled Healthcare Group (NYSE:SKH) traded down 0.82% during mid-day trading on Wednesday, hitting $6.04. The stock had a trading volume of 82,711 shares. Skilled Healthcare Group has a 52-week low of $4.08 and a 52-week high of $7.15. The stock’s 50-day moving average is $6.17 and its 200-day moving average is $5.53. The company’s market cap is $230.1 million.
Skilled Healthcare Group (NYSE:SKH) last announced its earnings results on Monday, August 11th. The company reported $0.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.06 by $0.01. The company had revenue of $207.00 million for the quarter, compared to the consensus estimate of $209.15 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was down 1.5% on a year-over-year basis. On average, analysts predict that Skilled Healthcare Group will post $0.28 earnings per share for the current fiscal year.
Skilled Healthcare Group, Inc (NYSE:SKH) is a holding company.
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