At the last check on Monday, Sabra Health Care REIT Inc.’s (NASDAQ:SBRA) stock traded at $12.78. The average number of shares traded per day over the past five days has been 1,899,100 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.18 fall in that time frame. In the last twenty days, the average volume was 2,127,135, while in the previous 50 days, it was 2,273,290.
Since last month, SBRA stock rose 8.40%. Shares of the company fell to $11.57 on 07/06/23, the lowest level in the past month. A 52-week high of $16.41 was reached on 02/02/23 after having rallying from a 52-week low of $10.08. Since the beginning of this year, SBRA’s stock price has risen by 2.82% or $0.35, and marked a new high 11 times. However, the stock has declined by -22.12% since its 52-week high.
Valuation Metrics
The stock’s beta is 1.29. Besides these, the trailing price-to-sales (P/S) ratio of 4.74, the price-to-book (PB) ratio of 0.99.
The latest dividend of $0.30 per share was paid out, remained unchanged from last year’s $0.30. On Wednesday May 6 2020, a $0.15 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.81, and the total debt-to-equity ratio was 0.81. On the profitability front, the trailing twelve-month gross margin is 75.40% percent. In the year ended March 30, operating margins totaled 0.80%. Based on annual data, SBRA earned $140.66 million in gross profit and brought in $624.81 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.60%. Return on equity (ROE) for the past 12 months was -4.10%.
In Sabra Health Care REIT Inc.’s quarter-end financial report for March 30, it reported total debt of $48.75 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SBRA’s revenue fell -1.11% to $164.99 million during the quarter, while net income inched up to $161.32 million. While analysts expected Sabra Health Care REIT Inc. to report $0.11 quarterly earnings, the actual figure was -$0.04 per share, beating the consensus estimate by -136.40%. During the quarter, the company generated $96.16 million in EBITDA. The value of shareholders’ equity is $231.19 million.
Technical Picture
This quick technical analysis looks at Sabra Health Care REIT Inc.’s (SBRA) price momentum. With a historical volatility rate of 8.96%, the RSI 9-day stood at 50.50% on 04 August.
With respect to its five-day moving average, the current Sabra Health Care REIT Inc. price is down by -1.39% percent or -$0.18. At present, SBRA shares trade +7.85% above its 20-day simple moving average and +13.90% percent above its 100-day simple moving average. However, the stock is currently trading approximately +16.61% above its SMA50 and +0.39% above its SMA200.
Stochastic coefficient K was 42.59% and Stochastic coefficient D was 51.79%, while ATR was 0.25. Given the Stochastic reading of 37.18% for the 14-day period, the RSI (14) reading has been calculated as 57.40%. As of today, the MACD Oscillator reading stands at -0.13, while the 14-day reading stands at -0.15.
