The stock of Brookdale Senior Living Inc. (NYSE:BKD) increased by $0.2 on Wednesday to $4.34, up 4.95 percent. The last five days have seen an average of 1,083,576 shares of common stock traded. 17 times new highs were reached in the current year, with a gain of $1.63. The average number of shares traded over the last 20 days was 928,939, while the average volume over the last 50 days totaled 1,120,020.
BKD stock appreciated 7.28% since last month. On 09/07/23, the company’s shares reached a one-month low of $3.88. The stock touched a high of $5.43 on 08/09/23, after rallying from a low of $2.27 in 52 weeks. The price of BKD stock has risen by 59.16% or $1.63 this year, reaching a new high 17 times. Still, the stock price is down -19.98% 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 202 days ago on Mar 02. On Mar 02, Director Asher Jordan R sold 17,200 shares at $3.33 each. This transaction resulted in the insider making $57,286. On Nov 17, BUMSTEAD FRANK M added 50,000 shares at a price of US$3.09. After the transaction, the insider now owns 401,291 shares.
Valuation Metrics
Beta for the stock is 1.28. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.27, the price-to-book (PB) ratio of 1.82.
Financial Health
For the three months ended June 29, Brookdale Senior Living Inc.’s quick ratio was 1.00, while its current ratio was 1.00, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 7.27, and the total debt to equity ratio is 7.38. As far as profitability goes, gross margin for the trailing twelve months is 23.70% percent. Brookdale Senior Living Inc.’s operating margin stood at 3.10% for the same period. Based on annual data, it had gross profit of $741.77 million and revenue of $2.83 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BKD’s return on assets (ROA) during the last 12 months has been -1.70%. There was a -0.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -19.20%.
Earnings Surprise
According to Brookdale Senior Living Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $750.79 million, while revenues rose by 9.76% to $753.26 million. It was predicted that Brookdale Senior Living Inc.’s quarterly earnings would be -$0.02, but it ended up being -$0.24, beating the consensus by 91.70%. EBITDA was $127.29 million for the quarter. At the end of Brookdale Senior Living Inc.’s most recent quarter ended June 29, its liabilities totaled 5.37 billion, while its total debt was $4.89 billion. Equity owned by shareholders amounts to $188.22 million.
Technical Picture
Here’s a quick look at Brookdale Senior Living Inc.’s (BKD) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 68.20%, suggesting the stock is Neutral, with a 33.77% historical volatility rate.
The stochastic %K and %D were 63.97% and 53.97% respectively, while the average true range (ATR) was 0.18. Based on the 14-day stochastic reading of 78.86%, the RSI (14) reading is 61.94%. On the 9-day MACD Oscillator, the stock is at 0.14, and the 14-day reading is at 0.12.
Analyst Ratings
Brookdale Senior Living Inc. (NYSE: BKD) was downgraded by Stifel to a a Hold rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Brookdale Senior Living Inc. (BKD) an Underweight rating. BKD is a stock that is recommended for selling by 1 brokerage firm, while 1 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 0 others recommend it as a buy.
What is BKD’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.95 and $7.00, with a median target price of $5.50. In analyzing these forecasts, the average price target given by analysts for Brookdale Senior Living Inc. (BKD) is $5.49.
