How Brookdale Senior Living Inc. (BKD) Works From A Technical Perspective


Brookdale Senior Living Inc. (NYSE:BKD) finished Wednesday with a subtraction of -$0.01 to close at $2.72, a downside of -0.37 percent. An average of 1,278,200 shares of common stock have been traded in the last five days. There was a fall of -$0.05 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 2,783,265 shares traded, while the 50-day average volume stands at 3,337,988.

BKD stock has decreased by -7.17% in the last month. The company shares reached their 1-month lowest point of $2.61 on 12/20/22. With the stock rallying to its 52-week high on 04/14/22, shares of the company touched a low of $2.61 and a high of $7.61 in 52 weeks. It has reached a new high 16 times so far this year and lost -47.29% or -$2.44 in price. In spite of this, the price is down -64.23% from the 52-week high.

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Insider Transactions

BKD stock investors should be aware that Brookdale Senior Living Inc. (BKD) stock had its last reported insider trading activity 303 days ago on Nov 17.

Valuation Metrics

Brookdale Senior Living Inc. (BKD) stock’s beta is 1.35. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.18, the price-to-book (PB) ratio at 1.03.

Financial Health

The quick ratio of Brookdale Senior Living Inc. for the three months ended September 29 was 0.90, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 8.72 and a total debt to equity ratio of 8.89 for the quarter ending September 29. Its gross profit as reported stood at $682.4 million compared to revenue of $2.76 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Brookdale Senior Living Inc.’s return on assets was -4.70%.

Earnings Surprise

For the three-month period that ended September 29, Brookdale Senior Living Inc. had $165.48 million in cash and short-term investments compared to $3.57 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$84.42 million in the quarter, while revenues were grew 0.98%. The analyst consensus anticipated Brookdale Senior Living Inc.’s latest quarter earnings to come in at -$0.13 per share, but it turned out to be -$0.15, a -15.40% surprise. For the quarter, EBITDA amounted to $107.11 million. Shareholders own equity worth $186.81 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Brookdale Senior Living Inc. (BKD) price momentum. RSI 9-day as of the close on 28 December was 35.67%, suggesting the stock is Neutral, with historical volatility in this time frame at 39.06%.

As of today, BKD’s price is $2.73 -1.81% or -$0.05 from its 5-day moving average. BKD is currently trading -6.85% lower than its 20-day SMA and -41.13% lower than its 100-day SMA. However, the stock’s current price level is -42.00% below the SMA50 and -60.58% below the SMA200.

The stochastic %K and %D were 21.06% and 17.27%, respectively, and the average true range (ATR) was 0.15. With the 14-day stochastic at 26.83% and the average true range at 0.18, the RSI (14) stands at 35.14%. The stock has reached -0.02 on the 9-day MACD Oscillator while the 14-day reading was at -0.06.

Analyst Ratings

The consensus rating for Brookdale Senior Living Inc. (BKD) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell BKD, while 2 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 1 others rate it as a “buy”.

What is BKD’s price target for the next 12 months?

Analysts predict a range of price targets between $2.00 and $7.00, with a median target of $5.00. Taking a look at these predictions, the average price target given by analysts for Brookdale Senior Living Inc. (BKD) stock is $4.67.


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