Brookdale Senior Living Inc (NYSE: BKD) is -5.84% lower on its value in year-to-date trading and has touched a low of $5.08 and a high of $8.12 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 BKD stock was last observed hovering at around $5.33 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $5.48, the stock is -4.84% and -10.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.36 million and changing 2.81% at the moment leaves the stock -16.92% off its SMA200. BKD registered 4.78% gain for a year compared to 6-month loss of -18.81%. The firm has a 50-day simple moving average (SMA 50) of $6.1364 and a 200-day simple moving average (SMA200) of $6.5957.
The stock witnessed a -11.76% gain in the last 1 month and extending the period to 3 months gives it a -24.10%, and is 4.78% up 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 3.27% over the week and 3.89% over the month.
Profit margin for the company is -6.75%. Distance from 52-week low is 7.87% and -32.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.96%).
with sales reaching $781.68M over the same period.The EPS is expected to grow by 15.48% this year, but quarterly earnings will post 3.66% year-over-year. Quarterly sales are estimated to grow 3.60% in year-over-year returns.
Brookdale Senior Living Inc (BKD) Top Institutional Holders
278.0 institutions hold shares in Brookdale Senior Living Inc (BKD), with institutional investors hold 111.67% of the company’s shares. The shares outstanding are 188.25M, and float is at 175.23M with Short Float at 5.73%. Institutions hold 107.43% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.68 million shares valued at $127.56 million. The investor’s holdings represent 8.2681% of the BKD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.46 million shares valued at $126.1 million to account for 8.1733 of the shares outstanding. The other top investors are DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) which holds 15.61 million shares representing 6.9114% and valued at over $106.63 million, while CAMBER CAPITAL MANAGEMENT LP holds 6.8617 of the shares totaling 15.5 million with a market value of $105.86 million.
Brookdale Senior Living Inc (BKD) Insider Activity
#####
Brookdale Senior Living Inc disclosed in a document filed with the SEC on May 15 ’24 that BROMLEY MARCUS E (Director) sold a total of 3,300 shares of the company’s common stock. The trade occurred on May 15 ’24 and was made at $7.25 per share for $23925.0. Following the transaction, the insider now directly holds 0.15 million shares of the BKD stock.
Still, SEC filings show that on Mar 06 ’24, HICKS GEORGE T (EVP & Treasurer) acquired 9,140 shares at an average price of $5.50 for $50307.0. The insider now directly holds 351,883 shares of Brookdale Senior Living Inc (BKD).