Closing Bell Recap: Sabra Healthcare REIT Inc (SBRA) Ends at 17.74, Reflecting a -1.83 Downturn

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Sabra Healthcare REIT Inc (NASDAQ: SBRA) closed the day trading at $17.74 down -1.83% from the previous closing price of $18.07. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 1.54 million shares were traded. SBRA stock price reached its highest trading level at $18.095 during the session, while it also had its lowest trading level at $17.61.

Ratios:

For a better understanding of SBRA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 98.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.09. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.90.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on October 01, 2024, Upgraded its rating to Overweight and sets its target price to $20 from $16 previously.

On September 13, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $17 to $20.

On January 30, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $21.Deutsche Bank initiated its Buy rating on January 30, 2024, with a $21 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 22 ’24 when Cusack Catherine bought 7,000 shares for $14.43 per share. The transaction valued at 101,010 led to the insider holds 46,385 shares of the business.

FOSTER MICHAEL J sold 10,000 shares of SBRA for $146,830 on May 14 ’24. The Director now owns 63,923 shares after completing the transaction at $14.68 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBRA now has a Market Capitalization of 4155843328 and an Enterprise Value of 6551434240. As of this moment, Sabra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 79.44, and their Forward P/E ratio for the next fiscal year is 26.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.13 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 9.837 whereas that against EBITDA is 16.339.

Stock Price History:

Over the past 52 weeks, SBRA has reached a high of $19.32, while it has fallen to a 52-week low of $12.83. The 50-Day Moving Average of the stock is 1.78%, while the 200-Day Moving Average is calculated to be 17.23%.

Shares Statistics:

Over the past 3-months, SBRA traded about 2.27M shares per day on average, while over the past 10 days, SBRA traded about 1380280 shares per day. A total of 231.27M shares are outstanding, with a floating share count of 230.43M. Insiders hold about 1.64% of the company’s shares, while institutions hold 92.17% stake in the company. Shares short for SBRA as of 1727654400 were 18901768 with a Short Ratio of 8.34, compared to 1724976000 on 18199809. Therefore, it implies a Short% of Shares Outstanding of 18901768 and a Short% of Float of 11.57.

Dividends & Splits

SBRA’s forward annual dividend rate is 1.07, up from 1.2 a year ago. Against a Trailing Annual Dividend Yield of 0.06640842The stock’s 5-year Average Dividend Yield is 8.95.

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