Daily Market Movement: Brookdale Senior Living Inc (BKD) Sees a 0.51 Increase, Closing at 7.81

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The closing price of Brookdale Senior Living Inc (NYSE: BKD) was $7.81 for the day, up 0.51% from the previous closing price of $7.77. In other words, the price has increased by $0.51 from its previous closing price. On the day, 3.62 million shares were traded. BKD stock price reached its highest trading level at $7.965 during the session, while it also had its lowest trading level at $7.74.

Ratios:

Our analysis of BKD’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 12.68 whereas as Long-Term Debt/Eq ratio is at 11.97.

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 this company, Macquarie on June 28, 2024, initiated with a Outperform rating and assigned the stock a target price of $7.50.

On December 15, 2023, BofA Securities Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $3.95 to $6.

RBC Capital Mkts Upgraded its Sector Perform to Outperform on November 17, 2023, whereas the target price for the stock was revised from $7 to $9.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 15 ’24 when BROMLEY MARCUS E sold 3,300 shares for $7.25 per share. The transaction valued at 23,925 led to the insider holds 146,152 shares of the business.

HICKS GEORGE T bought 9,140 shares of BKD for $50,307 on Mar 06 ’24. The EVP & Treasurer now owns 351,883 shares after completing the transaction at $5.50 per share. On Feb 23 ’24, another insider, BUMSTEAD FRANK M, who serves as the Director of the company, bought 1,000 shares for $5.36 each. As a result, the insider paid 5,360 and bolstered with 500,052 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BKD now has a Market Capitalization of 1507431424 and an Enterprise Value of 5931694080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 4.03. Its current Enterprise Value per Revenue stands at 2.047 whereas that against EBITDA is 15.498.

Stock Price History:

The Beta on a monthly basis for BKD is 1.32, which has changed by 1.2124646 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, BKD has reached a high of $8.02, while it has fallen to a 52-week low of $3.43. The 50-Day Moving Average of the stock is 12.50%, while the 200-Day Moving Average is calculated to be 32.23%.

Shares Statistics:

BKD traded an average of 1.87M shares per day over the past three months and 2575320 shares per day over the past ten days. A total of 188.25M shares are outstanding, with a floating share count of 169.88M. Insiders hold about 11.99% of the company’s shares, while institutions hold 99.70% stake in the company. Shares short for BKD as of 1719532800 were 14546880 with a Short Ratio of 7.79, compared to 1717113600 on 15659128. Therefore, it implies a Short% of Shares Outstanding of 14546880 and a Short% of Float of 8.64.

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