Tag - SUNH

Sun Healthcare Group Inc. (Nasdaq:SUNH), DryShips Inc. (Nasdaq:DRYS) and Isle of Capri Casinos Inc. (Nasdaq:ISLE) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Ameristar Casinos Inc. (Nasdaq:ASCA), Grand Canyon Education Inc. (Nasdaq:LOPE), Eclipsys Corp. (Nasdaq:ECLP), Old Dominion Freight Line Inc. (Nasdaq:ODFL), Dress Barn Inc. (Nasdaq:DBRN) and Resources Connection Inc. (Nasdaq:RECN).

Interwoven Inc. (Nasdaq:IWOV), ICT Group Inc. (Nasdaq:ICTG) and NVE Corp. (Nasdaq:NVEC) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Sun Healthcare Group Inc. (Nasdaq:SUNH), Psychiatric Solutions Inc. (Nasdaq:PSYS), Palm Inc. (Nasdaq:PALM), American Physicians Service Group Inc. (Nasdaq:AMPH), Woodward Governor Co. (Nasdaq:WGOV) and Rambus Inc. (Nasdaq:RMBS).

CV Therapeutics Inc. (Nasdaq:CVTX), Parexel International Corporation (Nasdaq:PRXL) and Sun Healthcare Group Inc. (Nasdaq:SUNH) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: TranS1 Inc. (Nasdaq:TSON), Carpenter Technology Corp. (Nasdaq:CRS), Global Traffic Network Inc. (Nasdaq:GNET), Federal Mogul Corp. (Nasdaq:FDML), Pulaski Financial Corp. (Nasdaq:PULB) and MDS Inc. (Nasdaq:MDZ).

DryShips Inc. (Nasdaq:DRYS), CV Therapeutics Inc. (Nasdaq:CVTX) and Internet Gold-Golden Lines Ltd. (Nasdaq:IGLD) are among the most actively traded companies in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Finish Line Inc. (Nasdaq:FINL), Canadian Solar Inc. (Nasdaq:CSIQ), Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF), Sun Healthcare Group Inc. (Nasdaq:SUNH), Iconix Brand Group Inc. (Nasdaq:ICON) and Atlas America Inc. (Nasdaq:ATLS).

Here are the most actively traded companies among small caps:

Sun Healthcare Group Inc. (Nasdaq:SUNH), Linn Energy LLC. (Nasdaq:LINE) and UAL Corp. (Nasdaq:UAUA) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Solarfun Power Holdings Co. Ltd. (Nasdaq:SOLF), JA Solar Holdings Co. Ltd. (Nasdaq:JASO), Canadian Solar Inc. (Nasdaq:CSIQ), DryShips Inc. (Nasdaq:DRYS), Regency Energy Partners LP (Nasdaq:RGNC) and Taser International Inc. (Nasdaq:TASR).

Here are the most actively traded companies among small caps:

Royale Energy Inc (Nasdaq:ROYL), Carrols Restaurant Group (Nasdaq:TAST) and Avant Immunotherapeutics Inc (Nasdaq:AVAN) are among the most actively traded companies in Tuesday's trading among companies with market capitalizations under $1 billion.

SAVVIS Inc (Nasdaq:SVVS), USA Mobility Inc (Nasdaq:USMO) and Sun Healthcare Group Inc (Nasdaq:SUNH) are also among the most actively traded companies.

Here are the most actively traded companies among small caps:

If the market’s recent spate of rainy days and fears of recession have made you a little pale, then a bit of sun from the health-care sector might do you some good.

Sun Healthcare Group, Inc. (Nasdaq: SUNH) has been consistently beating consensus estimates over the past year and has seen its share price climb steadily despite the overall market slowdown that began last summer. What’s more, many analysts are predicting increased revenue growth for the company and unrelenting demand for the sector’s services — come rain or recession.

Through its subsidiaries, the Irvine, Calif.-based company operates long-term as well as post-acute inpatient nursing home facilities and offers skilled nursing, rehabilitation therapy, and specialized care for mental health and Alzheimer’s patients. Sun also has a physical and occupational therapy unit and a profitable health-care staffing unit.

The $725 million company currently manages 213 facilities in 25 states and earns the lion’s share of its revenues from a stable flow of Medicare and Medicaid reimbursements. This reliance on federal reimbursements, coupled with growing demand for its services from the increasing population of seniors over 65, make it one of the more “recession-resistant” health-care business models out there, Bear Stearns analyst Jason Gurda recently told SmallCapInvestor.com.

Sun’s current revenue growth focus is on expanding margins by controlling costs and catering to newly added Medicare reimbursement categories for rehab services, which generate more money per patient day and provide higher bed turnover than the longer-term stays of Medicaid patients.

Gurda explained that the category changes were made to push reimbursed surgical rehab services out of hospitals and into lower-cost skilled nursing centers. Sun, like many of its peers (which include Skilled Healthcare Group Inc. (NYSE: SKH) and Brookdale Senior Living Inc. (NYSE: BKD), jumped at the opportunity and adapted its business by adding just such rehab bed space.

Health-care service provider Sun Healthcare Group, Inc. (Nasdaq: SUNH) was upgraded today by UBS on account of an expected strong fourth quarter propelled by an increase in Medicare rates and an increase in the number of short-stay rehabilitation units taking higher-acuity patients.

According to UBS analyst Donald Hooker, beginning October 1, the company’s Medicare rate will narrow to 70.2% from 75.8% due to a “reduction in the labor portion of the market basket.” Hooker says the reduction could lead to a positive 30 or 40 basis point comparison in the company’s Medicare rate.

“Notably, this “labor bump” could help partially offset any possible shaving of the 2008 market basket increase,” Hooker wrote in a research note today. “As such, Sun’s 4Q results will benefit from a full market basket starting on October 1.”

Hooker also noted that synergies from Sun’s acquisition of Harborside Healthcare Corp. should create approximately a $3 million year-over-year favorable comparison in the fourth quarter.

Sun acquired Harborside, which provides nursing and long-term care, for $350 million in cash in October 2006.

Hooker said he expects management will raise guidance ahead of a strong fourth quarter. Hooker has a target price of $18 per share. The company currently trades at a forward P/E of 19.1.

Shares of Sun Healthcare (Nasdaq: SUNH) climbed $0.71, or 4.78%, to $15.55 in late morning trading Monday.

Shares of Sun Healthcare Group Inc. (Nasdaq: SUNH) are looking vigorous following news after Wednesday’s close that the provider of specialty healthcare services reported a rise in second-quarter profit.

The net income for the three months ended June 30 was $13.0 million, or $0.30 per share, more than double the $0.14-per-share consensus estimate of seven analysts surveyed by Thomson Financial. During the same period of 2006, Sun Healthcare Group booked a profit of $7.3 million, or $0.23 per share.

Total revenues increased a whopping 73% to $446.7 million, from $258.5 million a year earlier.