Sabra Health Care REIT Inc. [SBRA] Is Currently 5.52 below its 200 Period Moving Avg: What Does This Mean?

Sabra Health Care REIT Inc. [NASDAQ: SBRA] gained 5.52% on the last trading session, reaching $13.20 price per share at the time. The company report on September 28, 2022 that Sabra Publishes Second Annual Sustainability Report.


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Sabra Health Care REIT, Inc. (“Sabra,” or “we”) (Nasdaq: SBRA) today released its second annual Sustainability Report. The report highlights Sabra’s priorities and initiatives on environmental stewardship, social commitment, corporate governance and community service.

“We endeavor to operate efficiently, sustainably and in the best interest of our stakeholders,” said Rick Matros, Sabra’s Chair, President and Chief Executive Officer. “This past year, we continued to build the foundation for our long-term ESG plans, with one of our most significant achievements being the creation of our E-initiative roadmap. The strides we have taken since beginning our ESG journey are a testament to the dedication of our team and the strong relationships we have with our tenants and operators, our shareholders, and the communities in which we live and work.”.

Sabra Health Care REIT Inc. represents 230.97 million in outstanding shares, while the company has a total market value of $3.11 billion with the latest information. SBRA stock price has been found in the range of $12.55 to $13.27.

If compared to the average trading volume of 1.84M shares, SBRA reached a trading volume of 4420383 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Sabra Health Care REIT Inc. [SBRA]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SBRA shares is $16.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SBRA stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Sabra Health Care REIT Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on June 30, 2022. While these analysts kept the previous recommendation, CapitalOne raised their target price to Equal Weight. The new note on the price target was released on June 03, 2022, representing the official price target for Sabra Health Care REIT Inc. stock. Previously, the target price had yet another drop from $16 to $15, while Mizuho kept a Buy rating on SBRA stock. On April 18, 2022, analysts decreased their price target for SBRA shares from 16 to 14.

The Average True Range (ATR) for Sabra Health Care REIT Inc. is set at 0.45, with the Price to Sales ratio for SBRA stock in the period of the last 12 months amounting to 5.32. The Price to Book ratio for the last quarter was 0.92, with the Price to Cash per share for the same quarter was set at 0.29. Price to Free Cash Flow for SBRA in the course of the last twelve months was 248.47.

Trading performance analysis for SBRA stock

Sabra Health Care REIT Inc. [SBRA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.90. With this latest performance, SBRA shares dropped by -14.01% in over the last four-week period, additionally sinking by -12.76% over the last 6 months – not to mention a drop of -10.69% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SBRA stock in for the last two-week period is set at 36.68, with the RSI for the last a single of trading hit 37.48, and the three-weeks RSI is set at 38.10 for Sabra Health Care REIT Inc. [SBRA]. The present Moving Average for the last 50 days of trading for this stock 14.96, while it was recorded at 13.11 for the last single week of trading, and 13.91 for the last 200 days.

Sabra Health Care REIT Inc. [SBRA]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Sabra Health Care REIT Inc. [SBRA] shares currently have an operating margin of +38.37 and a Gross Margin at +44.98. Sabra Health Care REIT Inc.’s Net Margin is presently recorded at -18.10.

Return on Equity for this stock declined to -3.10, with Return on Assets sitting at -1.76.

Sabra Health Care REIT Inc. [SBRA]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SBRA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sabra Health Care REIT Inc. go to 7.30%.

An analysis of insider ownership at Sabra Health Care REIT Inc. [SBRA]

There are presently around $2,699 million, or 90.00% of SBRA stock, in the hands of institutional investors. The top three institutional holders of SBRA stocks are: VANGUARD GROUP INC with ownership of 35,890,193, which is approximately -1.176% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 32,475,110 shares of the stock with an approximate value of $428.67 million in SBRA stocks shares; and PRINCIPAL FINANCIAL GROUP INC, currently with $224.12 million in SBRA stock with ownership of nearly -0.847% of the company’s market capitalization.

Positions in Sabra Health Care REIT Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 168 institutional holders increased their position in Sabra Health Care REIT Inc. [NASDAQ:SBRA] by around 21,904,857 shares. Additionally, 143 investors decreased positions by around 16,781,273 shares, while 61 investors held positions by with 165,797,427 shares. The mentioned changes placed institutional holdings at 204,483,557 shares, according to the latest SEC report filing. SBRA stock had 46 new institutional investments in for a total of 5,214,661 shares, while 38 institutional investors sold positions of 3,415,286 shares during the same period.

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