Healthcare Stocks on Investors' Radar -- Brookdale Senior Living, Envision Healthcare, Kindred Healthcare, and Adeptus Health
NEW YORK, August 29, 2016 /PRNewswire/ --
Stock-Callers.com this morning takes a look at the Healthcare sector which was one of the best performing sectors in afternoon trading on Friday, August 26, 2016. Let us now see how the following stocks performed at the closing bell: Brookdale Senior Living Inc. (NYSE: BKD), Envision Healthcare Holdings Inc. (NYSE: EVHC), Kindred Healthcare Inc. (NYSE: KND), and Adeptus Health Inc. (NYSE: ADPT). Learn more about these stocks by downloading their comprehensive and free reports at:
Brookdale Senior Living
Brentwood, Tennessee headquartered Brookdale Senior Living Inc.'s stock finished 0.77% lower at $16.84 with a total volume of 1.92 million shares traded. Shares of the Company, which owns and operates senior living communities in the US, are trading above their 50-day moving average by 0.20%. The stock has a Relative Strength Index (RSI) of 47.72.
On August 8th, 2016, the company reported that total revenue for Q2 2016 was $1.3 billion up 1.7%, compared to $1.2 billion for the prior year period. Average monthly revenue per occupied unit for the consolidated senior housing portfolio was $4,476 in Q2 2016, an increase of 3.3% compared to Q2 2015. Weighted average occupancy for all consolidated communities in Q2 2016 was 85.8%, compared to 86.5% in Q2 2015. Brookdale's consolidated operating margin was 34.3% for Q2 2016 versus 33.4% for Q2 2015. Net loss attributable to Brookdale common stockholders for Q2 2016 was $35.5 million, or $0.19 per share, versus net loss attributable to Brookdale's common stockholders of $84.5 million, or $0.46 per share, for Q2 2015. BKD complete research report is just a click away and free at:
Envision Healthcare Holdings
Shares in Greenwood Village, Colorado headquartered Envision Healthcare Holdings Inc. ended the session 0.67% higher at $20.90 and with a total volume of 1.48 million shares traded. The stock is trading 11.61% below its 200-day moving average. Shares of the Company, which provides physician-led outsourced medical services to consumers, hospitals, healthcare systems, health plans, and government entities in the US, have an RSI of 33.38.
On August 3rd, 2016, the company generated net revenue of $1.64 billion in Q2 2016; an increase of 21.2%, driven by contributions from acquisitions of 16.7%, and organic growth of 4.5%. Net income was $28.4 million in Q2 2016, compared to $52.4 million in the year ago period. Envision Healthcare earned $0.15 per diluted share on a GAAP basis and adjusted diluted EPS was $0.34 for Q2 2016. The complimentary report on EVHC can be downloaded at:
Louisville, Kentucky headquartered Kindred Healthcare Inc.'s stock fell 0.38%, closing the session at $10.37 and with a total volume of 575,216 shares traded. Shares of the Company, which provides healthcare services in the US, are trading 8.87% below their 50-day moving average. The stock has an RSI of 39.16.
On August 4th, 2016, Kindred Healthcare reported that consolidated revenues were $1.84 billion in Q2 2016, a 0.5% increase on y-o-y basis, while GAAP income from continuing operations increased 2% to $34.4 million from $33.7 million in Q2 2015. The company's GAAP diluted earnings per share ("EPS") from continuing operations was $0.23 and core diluted EPS from continuing operations was $0.38 based upon 87.5 million weighted average diluted shares. In the same period a year ago, the company reported GAAP diluted EPS of $0.25, while core diluted EPS was $0.39 based upon 86.4 million weighted average diluted shares. Sign up for your complimentary research report on KND at:
On Friday, Lewisville, Texas-based Adeptus Health Inc.'s stock closed the session 1.63% lower at $42.75 with a total volume of 163,832 shares traded. Shares of the Company, which owns and operates a network of independent freestanding emergency rooms in the US, are trading below their 50-day moving average by 11.41%. The stock has an RSI of 41.40.
On July 28th, 2016, Adeptus Health announced that Frank R. Williams, Jr. will join the company's executive leadership as Executive Vice President and Chief Financial Officer. Williams will succeed Timothy L. Fielding, who has decided to pursue other business interests. Mr. Fielding will remain with the company through the end of September to ensure a smooth transition. Mr. Williams, most recently, was the Senior Vice President and Senior Managing Director-Acquisitions for Medical Properties Trust for the past five years. He brings more than 20 years of investment banking and finance experience as well as substantial healthcare industry expertise to the role of CFO. Get free access to your research report on ADPT at:
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