Brookdale Senior Living Inc (NYSE: BKD)’s stock price has decreased by -0.46 compared to its previous closing price of 6.46. However, the company has seen a 0.78% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-11 that Brookdale (BKD) witnesses a continuous streak of 28 months of year-over-year improvements in the weighted average occupancy level.
Is It Worth Investing in Brookdale Senior Living Inc (NYSE: BKD) Right Now?
BKD has 36-month beta value of 1.32. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 1 as “sell.”
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The public float for BKD is 168.03M, and currently, short sellers hold a 10.36% ratio of that float. The average trading volume of BKD on March 27, 2024 was 1.84M shares.
BKD’s Market Performance
BKD stock saw an increase of 0.78% in the past week, with a monthly gain of 13.40% and a quarterly increase of 13.60%. The volatility ratio for the week is 3.00%, and the volatility levels for the last 30 days are 4.26% for Brookdale Senior Living Inc (BKD). The simple moving average for the last 20 days is 7.36% for BKD stock, with a simple moving average of 35.33% for the last 200 days.
Analysts’ Opinion of BKD
Many brokerage firms have already submitted their reports for BKD stocks, with BofA Securities repeating the rating for BKD by listing it as a “Neutral.” The predicted price for BKD in the upcoming period, according to BofA Securities is $6 based on the research report published on December 15, 2023 of the previous year 2023.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see BKD reach a price target of $9, previously predicting the price at $7. The rating they have provided for BKD stocks is “Outperform” according to the report published on November 17th, 2023.
Stifel gave a rating of “Hold” to BKD, setting the target price at $4 in the report published on January 17th of the previous year.
BKD Trading at 10.42% 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 -4.17% of loss for the given period.
Volatility was left at 4.26%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares surge +8.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.83% upper at present.
During the last 5 trading sessions, BKD rose by +0.78%, which changed the moving average for the period of 200-days by +59.16% in comparison to the 20-day moving average, which settled at $6.01. In addition, Brookdale Senior Living Inc saw 10.48% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BKD starting from HICKS GEORGE T, who purchase 9,140 shares at the price of $5.50 back on Mar 06 ’24. After this action, HICKS GEORGE T now owns 351,883 shares of Brookdale Senior Living Inc, valued at $50,307 using the latest closing price.
BUMSTEAD FRANK M, the Director of Brookdale Senior Living Inc, purchase 1,000 shares at $5.36 during a trade that took place back on Feb 23 ’24, which means that BUMSTEAD FRANK M is holding 500,052 shares at $5,360 based on the most recent closing price.
Stock Fundamentals for BKD
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.25 for the gross margin
The net margin for Brookdale Senior Living Inc stands at -0.06. The total capital return value is set at 0.0. Equity return is now at value -38.33, with -3.28 for asset returns.
Based on Brookdale Senior Living Inc (BKD), the company’s capital structure generated 0.92 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 11.71. The interest coverage ratio of the stock is 0.11.
Currently, EBITDA for the company is 406.24 million with net debt to EBITDA at 10.95. When we switch over and look at the enterprise to sales, we see a ratio of 1.88. The receivables turnover for the company is 62.13for trailing twelve months and the total asset turnover is 0.54.
Conclusion
To put it simply, Brookdale Senior Living Inc (BKD) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
