Lifepoint Hospitals (LPNT) Jumps: Stock Rises 7.3% – Tale of the Tape

July 28, 2014 Technicals 0

Zacks

Lifepoint Hospitals Inc. (LPNT) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock has gained 12.32% over the past one month.

None of the estimates for this med-hospitals industry stock were revised over the past 30 days. The Zacks Consensus Estimate however moved up over the same time frame, suggesting that more solid trading could be ahead for Lifepoint. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.

Lifepoint carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

However, some better-ranked stocks in the same industry include Acadia Healthcare Company, Inc. (ACHC), Universal Health Services Inc. (UHS) and HCA Holdings, Inc. (HCA). While Acadia Healthcare and Universal Health Services sport a Zacks Rank #1 (Strong Buy), HCA Holdings carries a Zacks Rank #2 (Buy).

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