Almost Family (AFAM) Falls: Stock Goes Down 9.4% - Tale of the Tape


Almost Family Inc. (AFAM) saw a big move last session, as the company’s shares fell by 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $36.59–$44.32 in the past one-month time frame, showed a sharp decline yesterday at $40.14.

The home health services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

AFAM currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the medical outpatient homecare sector is Amedisys Inc. (AMED), which currently carries a Zacks Rank #1 (Strong Buy).

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