Brookdale Senior Living Inc. (NYSE:BKD) currently has a daily average trading volume of 2.18M but it saw 1540386 shares traded on Wednesday. With a market cap of 677.20M USD, stock’s current market price of $3.55 came falling about -4.57 while comparing to the previous closing price of $3.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.80 and as low as $2.27. In the recent trading on the day, stock has struck highest price mark of $3.72 while lowest mark touched by it was $3.46.
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Taking a look at 20-day trading activity of Brookdale Senior Living Inc. (BKD) gives us an average price of $3.87, while its current price level is -38.74% below from 52-week high level whereas it is 56.39% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.54 while that of 200 days or SMA-200 reads an average of $3.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.41% during that period while stretching the period over a month that increases to 4.69%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.42 which implies that the stock is in neutral territory.
Brookdale Senior Living Inc. (BKD)’s stock is currently under the radar of 4 analysts who are in consensus at a 12-month price target range of between $3.95 and $7.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $3.95 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $7.00. Average price target assigned by them is $5.49 which highlights an upside potential of 35.34% for the stock over that period. And to attain the median price target of $5.50 assigned by those analysts, stock has to add about 35.45% of value to its current levels.
Data by FactSet Research shows that 4 analysts have issued their ratings for the stock. 1 of them are in opinions that stock is a Sell, while 1 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Underweight for the stock and that issued by Wall Street to investors is Hold.
Over the week, BKD’s stock price is moving -5.33% down while it is -15.88% when we observe its performance for the past one month. Year-to-date it is 30.04% up and over the past year, the stock is showing a downside performance of -34.74%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.2 beat the consensus estimate of -$0.29 for the same. The company is expected to be releasing its next quarterly report in 08/07/2023, for which analysts forecasted an EPS of -$0.24 while estimate for next year EPS is -$0.94. For BKD, analysts are forecasting an EPS-growth rate of 24.80% for current year and estimate for EPS growth in next year is 17.00%. In next quarter, company is expected to be making quarterly sales of $755.25 million as analysts are expecting the sales for current fiscal year at $3.01 billion and seeing the company making $3.17 billion in sales next year. Moreover, analysts are in estimates of $748.4 million for current-quarter revenue.
Currently, Brookdale Senior Living Inc.’s total number of outstanding shares is 224.58M with 2.72% of that held by the insiders while 108.61% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.90% and return on equity (ROE) at -34.40%. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.48 while price to sale or P/S ratio amounts to 0.23. Its return on asset (ROA) is -3.00% on average.
A filing at the U.S. Securities and Exchange Commission revealed that BlackRock Strategic Fds – Global came shrinking its share ownership by 43.41% in the Brookdale Senior Living Inc. (BKD) increasing its stake to 4.58% with control over 2.59 million shares in the company. As per SEC documents, BlackRock Strategic Fds – Global shunned 8,567,263 of company’s common stock of worth $36.75 million as per recent closing price of the stock. BlackRock Strategic Fds – Global is not the only institutional holder which restructured its stake in Brookdale Senior Living Inc., as BlackRock Event Driven Equity Fun dumped 7,843,018 shares of worth $33.65 million to bring its holdings to a total of -0.41 million shares. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 4.15% in the company and now holds 5.6 million or 2.99% of the company’s stake having worth of about 24.04 million.
