Jefferies Group Gives Hold Rating to Skilled Healthcare Group (SKH)
A number of other analysts have also recently weighed in on SKH. Analysts at DA Davidson downgraded shares of Skilled Healthcare Group from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, March 20th. They now have a $8.00 price target on the stock.
Skilled Healthcare Group opened at 7.28 on Friday. Skilled Healthcare Group has a 52-week low of $3.30 and a 52-week high of $13.95. The company’s market cap is $271.4 million.
Skilled Healthcare Group last posted its quarterly earnings results on Wednesday, May 2nd. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.02. The company’s quarterly revenue was down 1.4% on a year-over-year basis. Analysts expect that Skilled Healthcare Group will post $0.21 EPS next quarter.
Skilled Healthcare Group, Inc. is a holding company, which owns subsidiaries, that operate skilled nursing facilities, assisted living facilities, hospices and a rehabilitation therapy business.