Equities analysts predict that Kindred Healthcare, Inc. (NYSE:KND) will report sales of $1.49 billion for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Kindred Healthcare’s earnings. The lowest sales estimate is $1.48 billion and the highest is $1.49 billion. Kindred Healthcare reported sales of $1.75 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 14.9%. The company is scheduled to report its next earnings report on Monday, February 26th.

According to Zacks, analysts expect that Kindred Healthcare will report full year sales of $1.49 billion for the current fiscal year, with estimates ranging from $6.03 billion to $6.04 billion. For the next fiscal year, analysts forecast that the company will report sales of $6.13 billion per share. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Kindred Healthcare.

Kindred Healthcare (NYSE:KND) last announced its quarterly earnings results on Monday, November 6th. The health services provider reported ($0.11) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.08. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.44 billion. Kindred Healthcare had a positive return on equity of 2.29% and a negative net margin of 8.06%. The firm’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.05 earnings per share.

A number of equities analysts recently issued reports on KND shares. Zacks Investment Research raised Kindred Healthcare from a “sell” rating to a “hold” rating in a report on Tuesday, September 19th. Deutsche Bank reaffirmed a “hold” rating and issued a $9.00 price target (down from $10.00) on shares of Kindred Healthcare in a report on Monday, September 18th. Mizuho set a $9.00 price target on Kindred Healthcare and gave the company a “hold” rating in a report on Monday, December 18th. Stifel Nicolaus raised Kindred Healthcare from a “sell” rating to a “hold” rating and set a $7.00 price target for the company in a report on Monday, November 20th. Finally, ValuEngine raised Kindred Healthcare from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Kindred Healthcare currently has an average rating of “Hold” and an average target price of $9.07.

Shares of Kindred Healthcare (NYSE:KND) traded down $0.05 on Friday, reaching $9.80. The company had a trading volume of 1,199,445 shares, compared to its average volume of 2,942,057. The company has a debt-to-equity ratio of 6.22, a current ratio of 1.55 and a quick ratio of 1.53. The firm has a market capitalization of $896.38, a P/E ratio of 49.00, a price-to-earnings-growth ratio of 1.97 and a beta of 1.20. Kindred Healthcare has a 52-week low of $5.50 and a 52-week high of $11.90.

Several hedge funds have recently bought and sold shares of the company. Amalgamated Bank boosted its holdings in shares of Kindred Healthcare by 0.9% in the second quarter. Amalgamated Bank now owns 11,518 shares of the health services provider’s stock valued at $134,000 after acquiring an additional 108 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Kindred Healthcare by 0.5% in the second quarter. PNC Financial Services Group Inc. now owns 48,725 shares of the health services provider’s stock valued at $568,000 after acquiring an additional 240 shares during the period. Rhumbline Advisers boosted its holdings in shares of Kindred Healthcare by 0.3% in the second quarter. Rhumbline Advisers now owns 178,931 shares of the health services provider’s stock valued at $2,085,000 after acquiring an additional 449 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in shares of Kindred Healthcare by 10.2% in the second quarter. Public Employees Retirement System of Ohio now owns 26,773 shares of the health services provider’s stock valued at $312,000 after acquiring an additional 2,468 shares during the period. Finally, TIAA CREF Investment Management LLC boosted its holdings in shares of Kindred Healthcare by 0.8% in the second quarter. TIAA CREF Investment Management LLC now owns 337,786 shares of the health services provider’s stock valued at $3,935,000 after acquiring an additional 2,631 shares during the period. 89.59% of the stock is owned by institutional investors and hedge funds.

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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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