Is a Correction Looming Ahead for Brookdale Senior Living Inc. (BKD)


Brookdale Senior Living Inc. (NYSE:BKD) went down by -2.42% from its latest closing price compared to the recent 1-year high of $8.57. The company’s stock price has collected 7.67% of gains in the last five trading sessions. Press Release reported on 10/21/20 that Brookdale Announces Date of Third Quarter 2020 Earnings Release and Call

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Is It Worth Investing in Brookdale Senior Living Inc. (NYSE :BKD) Right Now?

Brookdale Senior Living Inc. (NYSE:BKD) scored a price-to-earnings ratio above its average ratio, recording 7.34 x from its present earnings ratio. Plus, the 36-month beta value for BKD is at 1.76. Opinions of the stock are interesting as 2 analysts out of 4 who provided ratings for Brookdale Senior Living Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $4.00, which is $0.77 above the current price. BKD currently public float of 179.14M and currently shorts hold a 4.43% ratio of that float. Today, the average trading volume of BKD was 1.69M shares.

BKD’s Market Performance

BKD stocks went up by 7.67% for the week, with a monthly jump of 26.67% and a quarterly performance of 9.12%, while its annual performance rate touched -58.38%. The volatility ratio for the week stands at 6.78% while the volatility levels for the past 30 days are set at 5.31% for Brookdale Senior Living Inc.. The simple moving average for the period of the last 20 days is 11.44% for BKD stocks with a simple moving average of -12.62% for the last 200 days.

Analysts’ Opinion of BKD

Many brokerage firms have already submitted their reports for BKD stocks, with Barclays repeating the rating for BKD by listing it as a “Equal Weight.” The predicted price for BKD in the upcoming period, according to Barclays is $8 based on the research report published on September 03rd of the previous year 2019.

Stifel, on the other hand, stated in their research note that they expect to see BKD reach a price target of $8, previously predicting the price at $9. The rating they have provided for BKD stocks is “Hold” according to the report published on August 07th, 2018.

BKD Trading at 15.02% from the 50-Day Moving Average

After a stumble in the market that brought BKD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -62.31% of loss for the given period.

Volatility was left at 5.31%, however, over the last 30 days, the volatility rate increased by 6.78%, as shares surge +27.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.97% upper at present.

During the last 5 trading sessions, BKD rose by +7.67%, which changed the moving average for the period of 200-days by -55.39% in comparison to the 20-day moving average, which settled at $2.93. In addition, Brookdale Senior Living Inc. saw -55.57% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BKD starting from BUMSTEAD FRANK M, who purchase 35,000 shares at the price of $1.96 back on Mar 20. After this action, BUMSTEAD FRANK M now owns 300,224 shares of Brookdale Senior Living Inc., valued at $68,765 using the latest closing price.

Johnson-Mills Rita, the Director of Brookdale Senior Living Inc., purchase 4,761 shares at $2.10 during a trade that took place back on Mar 19, which means that Johnson-Mills Rita is holding 39,897 shares at $9,974 based on the most recent closing price.

Stock Fundamentals for BKD

Equity return is now at value 9.40, with 1.10 for asset returns.

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