Sabra Health Care REIT Inc. (NASDAQ: SBRA) is -11.83% lower on its value in year-to-date trading and has touched a low of $10.08 and a high of $16.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SBRA stock was last observed hovering at around $10.88 in the last trading session, with the day’s gains setting it 0.08% off its average median price target of $13.00 for the next 12 months. It is also 26.93% off the consensus price target high of $15.00 offered by 14 analysts, but current levels are 0.36% higher than the price target low of $11.00 for the same period.
Currently trading at $10.96, the stock is -2.32% and -2.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.05 million and changing 0.74% at the moment leaves the stock -14.07% off its SMA200. SBRA registered -15.56% loss for a year compared to 6-month loss of -7.43%. The firm has a 50-day simple moving average (SMA 50) of $7.91 and a 200-day simple moving average (SMA200) of $27.63.
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The stock witnessed a -0.36% gain in the last 1 month and extending the period to 3 months gives it a -12.11%, and is -0.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.52% over the week and 2.53% over the month.
Sabra Health Care REIT Inc. (SBRA) has around 42 employees, a market worth around $2.59B and $623.00M in sales. Fwd P/E is 25.08. Profit margin for the company is -20.50%. Distance from 52-week low is 8.73% and -33.21% from its 52-week high. The company has generated returns on investments over the last 12 months (0.60%).
Sabra Health Care REIT Inc. (SBRA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sabra Health Care REIT Inc. (SBRA) is a “Hold”. 14 analysts offering their recommendations for the stock have an average rating of 2.70, where 8 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Sabra Health Care REIT Inc. is expected to release its quarterly report on 08/02/2023.The EPS is expected to grow by 35.00% this year.
Sabra Health Care REIT Inc. (SBRA) Top Institutional Holders
The shares outstanding are 231.16M, and float is at 228.02M with Short Float at 5.25%.
Sabra Health Care REIT Inc. (SBRA) Insider Activity
A total of 34 insider transactions have happened at Sabra Health Care REIT Inc. (SBRA) in the last six months, with sales accounting for 6 and purchases happening 28 times.
Sabra Health Care REIT Inc. (SBRA): Who are the competitors?
The company’s main competitors (and peers) include Welltower Inc. (WELL) that is trading -13.55% down over the past 12 months and Healthcare Realty Trust Incorporated (HR) that is -20.11% lower over the same period. Healthpeak Properties Inc. (PEAK) is -31.07% down on the 1-year trading charts.