Some Investing Thoughts On Brookdale Senior Living Inc (NYSE: BKD)

Brookdale Senior Living Inc (BKD) concluded trading on Thursday at a closing price of $4.92, with 3.91 million shares of worth about $19.22 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.00% during that period and on January 23, 2025 the price saw a gain of about 0.82%. Currently the company’s common shares owned by public are about 199.24M shares, out of which, 175.24M shares are available for trading.

Stock saw a price change of -1.80% in past 5 days and over the past one month there was a price change of -1.60%. Year-to-date (YTD), BKD shares are showing a performance of -2.19% which decreased to -18.95% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.70 but also hit the highest price of $8.12 during that period. The average intraday trading volume for Brookdale Senior Living Inc shares is 1.80 million. The stock is currently trading -1.38% below its 20-day simple moving average (SMA20), while that difference is down -6.04% for SMA50 and it goes to -23.44% lower than SMA200.

Brookdale Senior Living Inc (NYSE: BKD) currently have 199.24M outstanding shares and institutions hold larger chunk of about 99.03% of that.

The stock has a current market capitalization of $980.13M and its 3Y-monthly beta is at 1.29. It has posted earnings per share of -$0.92 in the same period. It has a debt-to-equity ratio of 17.72. 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 3.05% while standing at 3.62% over the month.

Analysts are in expectations that Brookdale Senior Living Inc (BKD) stock would likely to be making an EPS of -0.24 in the current quarter, while forecast for next quarter EPS is -0.16 and it is -0.68 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.26 which is -0.2 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 -0.31 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 15.08% while it is estimated to increase by 11.21% in next year.

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 Jefferies on October 16, 2024 offering a Buy rating for the stock and assigned a target price of $8 to it. Coverage by BofA Securities stated Brookdale Senior Living Inc (BKD) stock as an Underperform in their note to investors on October 07, 2024, suggesting a price target of $6 for the stock. On June 28, 2024, Macquarie Initiated their recommendations, while on December 15, 2023, BofA Securities Upgrade their ratings for the stock with a price target of $6. Stock get an Outperform rating from RBC Capital Mkts on November 17, 2023.

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