Value investing is always a very popular strategy, and for good reason. After all, who doesn't want to find stocks that have low PEs, solid outlooks, and decent dividends?KINDRED HLTHCR (KND): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Kindred Healthcare Inc. ( KND ).
Kindred Healthcare in Focus
KND may be an interesting play thanks to its forward PE of 19.9, its P/S ratio of 0.22, and its decent dividend yield of 2.16%. These factors suggest that Kindred Healthcare is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that KND has decent revenue metrics to back up its earnings.
But before you think that Kindred Healthcare is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 1.8% in the past 30 days.
This estimate strength is actually enough to push KND to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. So really, Kindred Healthcare is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
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