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Kindred Healthcare (KND) in Focus: Stock Tumbles 8.4%

Zacks Equity Research

Kindred Healthcare Inc. (KND) saw a big move last session, as the company’s shares fell by over 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for KND, as the stock is now down 10.7% since July 22. 

The post-acute care services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

KND currently has a Zacks Rank #4 (Sell). 

Some better-ranked stocks in the broader Medical sector include Accuray Incorporated (ARAY), Actelion Ltd. (ALIOF) and RTI Surgical Inc. (RTIX). All these stocks hold a Zacks Rank #1 (Strong Buy). 

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KINDRED HEALTHCARE INC (KND): Free Stock Analysis Report

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