Brokerages Set Brookdale Senior Living Inc. (NYSE:BKD) PT at $7.75

Shares of Brookdale Senior Living Inc. (NYSE:BKD) have received a consensus recommendation of “Moderate Buy” from the four analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $7.75.

BKD has been the topic of a number of recent research reports. Macquarie reiterated an “outperform” rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research report on Wednesday, October 9th. Bank of America cut Brookdale Senior Living from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $7.75 to $6.00 in a report on Monday, October 7th. Royal Bank of Canada reissued an “outperform” rating and set a $9.00 price objective on shares of Brookdale Senior Living in a report on Wednesday, October 9th. Finally, Jefferies Financial Group assumed coverage on shares of Brookdale Senior Living in a research note on Wednesday, October 16th. They issued a “buy” rating and a $8.00 target price on the stock.

Insider Transactions at Brookdale Senior Living

In other news, Director Lee S. Wielansky sold 10,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $5.62, for a total transaction of $56,200.00. Following the sale, the director now owns 211,382 shares of the company’s stock, valued at $1,187,966.84. This trade represents a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Brookdale Senior Living

A number of large investors have recently bought and sold shares of the business. nVerses Capital LLC bought a new position in Brookdale Senior Living during the 2nd quarter worth about $25,000. Headlands Technologies LLC acquired a new position in shares of Brookdale Senior Living during the second quarter worth about $26,000. Innealta Capital LLC bought a new position in shares of Brookdale Senior Living during the second quarter worth about $52,000. Sei Investments Co. acquired a new stake in Brookdale Senior Living in the 2nd quarter valued at approximately $81,000. Finally, ANTIPODES PARTNERS Ltd bought a new stake in Brookdale Senior Living in the 2nd quarter valued at approximately $100,000.

Brookdale Senior Living Price Performance

Brookdale Senior Living stock opened at $5.48 on Thursday. The business’s fifty day moving average is $5.89 and its two-hundred day moving average is $6.61. The company has a debt-to-equity ratio of 14.46, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market cap of $1.09 billion, a P/E ratio of -5.95 and a beta of 1.29. Brookdale Senior Living has a 52 week low of $5.08 and a 52 week high of $8.12.

Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Wednesday, November 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.06). The company had revenue of $784.17 million for the quarter, compared to analyst estimates of $785.61 million. Brookdale Senior Living had a negative return on equity of 59.06% and a negative net margin of 6.75%. During the same quarter in the previous year, the company posted ($0.22) earnings per share. Equities research analysts forecast that Brookdale Senior Living will post -0.7 earnings per share for the current fiscal year.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.