Brookdale Senior Living Inc. (NYSE:BKD) had its target price decreased by Royal Bank Of Canada from $16.00 to $13.00 in a research report released on Wednesday morning. Royal Bank Of Canada currently has an outperform rating on the stock.
A number of other research analysts have also weighed in on BKD. Zacks Investment Research lowered shares of Brookdale Senior Living from a hold rating to a strong sell rating in a research note on Thursday, August 10th. BidaskClub lowered shares of Brookdale Senior Living from a sell rating to a strong sell rating in a research note on Saturday, August 12th. Stifel Nicolaus dropped their price objective on shares of Brookdale Senior Living from $20.00 to $16.00 and set a buy rating on the stock in a research note on Tuesday, August 8th. Jefferies Group LLC reaffirmed a buy rating and issued a $15.50 price objective (down from $16.50) on shares of Brookdale Senior Living in a research note on Monday, October 2nd. Finally, ValuEngine lowered shares of Brookdale Senior Living from a buy rating to a hold rating in a research note on Monday, August 28th. Three equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of C$15.30.
Brookdale Senior Living (BKD) traded down C$0.01 during trading on Wednesday, hitting C$10.23. 2,430,000 shares of the company’s stock were exchanged, compared to its average volume of 3,909,468. Brookdale Senior Living has a 12-month low of C$8.78 and a 12-month high of C$16.31. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.52 and a current ratio of 0.83.
Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Monday, November 6th. The company reported C($2.22) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.25) by C($1.97). Brookdale Senior Living had a negative net margin of 17.85% and a negative return on equity of 0.79%. The business had revenue of C$1.17 billion during the quarter, compared to the consensus estimate of C$1.16 billion. During the same period last year, the business posted ($0.28) earnings per share. The firm’s quarterly revenue was down 5.9% on a year-over-year basis. equities research analysts predict that Brookdale Senior Living will post -2.08 EPS for the current year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harvest Fund Management Co. Ltd bought a new position in shares of Brookdale Senior Living during the second quarter valued at about $101,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Brookdale Senior Living by 12.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock valued at $102,000 after purchasing an additional 761 shares in the last quarter. Merriman Wealth Management LLC bought a new position in shares of Brookdale Senior Living during the third quarter valued at about $108,000. Opera Trading Capital bought a new position in shares of Brookdale Senior Living during the second quarter valued at about $110,000. Finally, EP Wealth Advisors LLC bought a new position in shares of Brookdale Senior Living during the second quarter valued at about $148,000. 98.28% of the stock is currently owned by institutional investors.
Brookdale Senior Living Company Profile
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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