Look For Institutional Buying In Brookdale Senior Living Inc (NYSE: BKD)

Brookdale Senior Living Inc (BKD) concluded trading on Wednesday at a closing price of $5.50, with 5.38 million shares of worth about $29.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 35.80% during that period and on Wednesday the price saw a loss of about -10.71%. Currently the company’s common shares owned by public are about 187.25M shares, out of which, 166.83M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 19 times over the past 12 months. They bought 23,501 shares in 3 of the transactions. In 16 selling transactions, insiders dumped 536,426 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stock saw a price change of -5.01% in past 5 days and over the past one month there was a price change of -9.39%. Year-to-date (YTD), BKD shares are showing a performance of -5.50% which increased to 79.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.27 but also hit the highest price of $6.31 during that period. The average intraday trading volume for Brookdale Senior Living Inc shares is 1.81 million. The stock is currently trading -4.59% below its 20-day simple moving average (SMA20), while that difference is down -3.58% for SMA50 and it goes to 22.57% higher than SMA200.

Brookdale Senior Living Inc (NYSE: BKD) currently have 187.25M outstanding shares and institutions hold larger chunk of about 98.76% of that.

The stock has a current market capitalization of $1.04B and its 3Y-monthly beta is at 1.32. It has posted earnings per share of -$0.84 in the same period. It has a debt-to-equity ratio of 9.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BKD, volatility over the week remained 5.84% while standing at 4.43% over the month.

Analysts are in expectations that Brookdale Senior Living Inc (BKD) stock would likely to be making an EPS of -$0.15 in the current quarter, while forecast for next quarter EPS is -$0.15 and it is -$0.46 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.15 which is -$0.15 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.2 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 25.00% while it is estimated to increase by 17.46% in next year. EPS is likely to shrink at an annualized rate of 10.00% for next 5-years, compared to annual growth of 21.51% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on December 15, 2023 offering a Neutral rating for the stock and assigned a target price range of between $3.95 and $6 to it. Coverage by RBC Capital Mkts stated Brookdale Senior Living Inc (BKD) stock as an Outperform in their note to investors on November 17, 2023, suggesting a price target of $9 for the stock. On January 17, 2023, Stifel Downgrade their recommendations, while on June 23, 2021, Stifel Resumed their ratings for the stock with a price target of $9.80. Stock get an Overweight rating from Barclays on June 11, 2021.

Most Popular

Related Posts