Sponsored Links 
Company Description
HealthSouth Corp. provides inpatient rehabilitation services in the United States. The company operates more than 90 inpatient rehab hospitals, of which 65 it owns. HealthSouth was founded in 1983 and has a market cap of $1.2 billion.
Shares of HLS have more than doubled in the last 3 months, helped by the company's strong first-quarter results, reported on May 5.
First-Quarter Results
Sales were up 2% from last year to $475.1 million. Income was up big, jumping to $38.4 million from $13.3 million last year, producing earnings of 39 cents per share, 19 cents ahead of the consensus estimate.
Estimates Climbing
Analysts continue to be bullish on HealthSouth, with the current-year estimate up 19 cents to $1.01 in the last 90 days.
The next-year estimate is also bullish, pegged at $1.18, a 17% earnings growth projection.
Valuations
Based on the current-year estimate, this stock is trading with a P/E multiple of 13X, in line with the overall market, but with the nice earnings projection in hand.
The Chart
Shares of HLS have been rallying since early March, rising from less than $7 to a recent high above $14. Take a look at the chart below.
 |
 |
 Share |
 RSS |
 Rate Pos |
 Rate Neg |
 Comment |
|
|
||||||
Loading Stories...Related Content
- Free Four Zacks #1 Rank "Strong Buy" Stocks
- Free Timely Market Commentary
- Free Wealth Management Tips
- Free Profitable Strategy Screens
- Free Bull and Bear Stocks of the Day
Loading Stories...Most Popular on Zacks.com
0.00 %
More Zacks Resources
More Zacks Links
| Market Summary | Feb 10, 2010 08:03 am ET |
[CLICK TO CLOSE X]