As of Friday close, Brookdale Senior Living Inc.’s (NYSE:BKD) stock was up $0.04, moving up 0.97 percent to $4.16. The average number of shares traded per day over the past five days has been 731,940 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.05 fall in that time frame. In the last twenty days, the average volume was 1,163,630, while in the previous 50 days, it was 1,250,706.
Since last month, BKD stock rose 15.56%. Shares of the company fell to $3.43 on 07/28/23, the lowest level in the past month. A 52-week high of $5.43 was reached on 08/09/23 after having rallying from a 52-week low of $2.27. Since the beginning of this year, BKD’s stock price has risen by 52.38% or $1.43, and marked a new high 17 times. However, the stock has declined by -23.39% since its 52-week high.
BKD stock investors should be aware that Brookdale Senior Living Inc. (BKD) stock had its last reported insider trading activity 170 days ago on Mar 02. Asher Jordan R, the Director of the company, disposed of 17,200 shares for $3.33 on Mar 02. It resulted in a $57,286 divestment by the insider. BUMSTEAD FRANK M added 50,000 shares at an average price of $3.09 on Nov 17. The insider now owns 401,291 shares following the transaction.
Valuation Metrics
The stock’s beta is 1.24. Besides these, the trailing price-to-sales (P/S) ratio of 0.27, the price-to-book (PB) ratio of 1.74.
Financial Health
In the three months ended June 29, Brookdale Senior Living Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 7.27, and the total debt-to-equity ratio was 7.38. On the profitability front, the trailing twelve-month gross margin is 23.70% percent. In the year ended June 29, EBITDA margin amounted to 9.58%, whereas operating margins totaled 3.10%. Based on annual data, BKD earned $741.77 million in gross profit and brought in $2.83 billion 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 -0.90%. Return on equity (ROE) for the past 12 months was -19.20%.
In Brookdale Senior Living Inc.’s quarter-end financial report for June 29, it reported total debt of $3.76 billion against cash and short-term investments of $96.2 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. BKD’s revenue rose 11.33% to $753.26 million during the quarter, while net income inched up to $750.79 million. While analysts expected Brookdale Senior Living Inc. to report -$0.24 quarterly earnings, the actual figure was -$0.02 per share, beating the consensus estimate by 91.70%. During the quarter, the company generated $127.29 million in EBITDA. The liabilities of Brookdale Senior Living Inc. were 5.37 billion at the end of its most recent quarter ended June 29, and its total debt was $4.89 billion. The value of shareholders’ equity is $188.22 million.
Technical Picture
This quick technical analysis looks at Brookdale Senior Living Inc.’s (BKD) price momentum. With a historical volatility rate of 107.93%, the RSI 9-day stood at 56.53% on 18 August.
With respect to its five-day moving average, the current Brookdale Senior Living Inc. price is down by -1.19% percent or -$0.05. At present, BKD shares trade +16.85% above its 20-day simple moving average and +58.17% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.74% above its SMA50 and -6.94% below its SMA200.
Stochastic coefficient K was 55.88% and Stochastic coefficient D was 55.11%, while ATR was 0.18. Given the Stochastic reading of 55.82% for the 14-day period, the RSI (14) reading has been calculated as 56.14%. As of today, the MACD Oscillator reading stands at -0.09, while the 14-day reading stands at 0.07.
Analyst Ratings
Brookdale Senior Living Inc. downgraded its rating on Brookdale Senior Living Inc. (NYSE: BKD) to a Hold in a note to investors on January 17, 2023. The analysts firm previously had a Buy rating on the stock.Brookdale Senior Living Inc. (BKD) has been rated Underweight by analysts. According to 1 brokerage firm, BKD is a sell, and 1 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Brookdale Senior Living Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $5.50, the current consensus forecast for the stock is $3.95 – $7.00. Based on these forecasts, analysts predict Brookdale Senior Living Inc. (BKD) will achieve an average price target of $5.49.
