Brookdale Senior Living Inc [BKD] Revenue clocked in at $3.10 billion, up 5.57% YTD: What’s Next?

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Brookdale Senior Living Inc [NYSE: BKD] traded at a high on Thursday, posting a 7.71 gain after which it closed the day’ session at $5.31.

The results of the trading session contributed to over 3485215 shares changing hands. Over the past one week, the price volatility of Brookdale Senior Living Inc stands at 5.41% while the volatility over the past one month is 4.13%.

The market cap for BKD stock reached $1.06 billion, with 199.24 million shares outstanding and 175.24 million shares in the current float. Compared to the average trading volume of 1.96M shares, BKD reached a trading volume of 3485215 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Brookdale Senior Living Inc [BKD]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BKD shares is $6.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BKD 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 Brookdale Senior Living Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 16, 2024. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $7.75 to $6. The new note on the price target was released on October 07, 2024, representing the official price target for Brookdale Senior Living Inc stock. Previously, the target price had yet another raise to $7.50, while Macquarie analysts kept a Outperform rating on BKD stock. On December 15, 2023, analysts increased their price target for BKD shares from 3.95 to 6.

The Average True Range (ATR) for Brookdale Senior Living Inc is set at 0.21, with the Price to Sales ratio for BKD stock in the period of the last 12 months amounting to 0.34. The Price to Book ratio for the last quarter was 3.61, with the Price to Cash per share for the same quarter was set at 1.67.

How has BKD stock performed recently?

Brookdale Senior Living Inc [BKD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.19. With this latest performance, BKD shares gained by 8.15% in over the last four-week period, additionally sinking by -24.03% over the last 6 months – not to mention a drop of -11.20% 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 BKD stock in for the last two-week period is set at 64.25, with the RSI for the last a single of trading hit 72.52, and the three-weeks RSI is set at 58.29 for Brookdale Senior Living Inc [BKD]. The present Moving Average for the last 50 days of trading for this stock 5.04, while it was recorded at 4.82 for the last single week of trading, and 6.29 for the last 200 days.

Earnings analysis for Brookdale Senior Living Inc [BKD]

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 BKD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Brookdale Senior Living Inc go to 12.13%.

Insider trade positions for Brookdale Senior Living Inc [BKD]

The top three institutional holders of BKD stocks are: VANGUARD GROUP INC with ownership of 18.68 million shares, which is approximately 8.2681%. BLACKROCK INC., holding 18.46 million shares of the stock with an approximate value of $$126.1 million in BKD stocks shares; and BLACKROCK INC., currently with $$106.63 million in BKD stock with ownership which is approximately 6.9114%.