Brookdale Senior Living Inc (NYSE:BKD) Stock Has Risen 16.41% YTD, What Do Analysts Anticipate Next?

In recent trading session, Brookdale Senior Living Inc (NYSE:BKD) saw 2.86 million shares changing hands at last check today with its beta currently measuring 1.32. Company’s recent per share price level of $6.78 trading at -$0.1 or -1.53% at last check today assigns it a market valuation of $1.34B. That most recent trading price of BKD’s stock is at a discount of -19.76% from its 52-week high price of $8.12 and is indicating a premium of 46.61% from its 52-week low price of $3.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.43 million shares which gives us an average trading volume of 2.05 million if we extend that period to 3-months.

For Brookdale Senior Living Inc (BKD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.17 in the current quarter.

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Brookdale Senior Living Inc (NYSE:BKD) trade information

Upright in the red during last session for losing -1.53%, in the last five days BKD remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $6.78 price level, adding 5.44% to its value on the day. Brookdale Senior Living Inc’s shares saw a change of 16.41% in year-to-date performance and have moved -4.71% in past 5-day. Brookdale Senior Living Inc (NYSE:BKD) showed a performance of -5.64% in past 30-days. Number of shares sold short was 12.97 million shares which calculate 4.99 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 3.14% to its recent value today. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -3.24% in reaching the projected high whereas dropping to the targeted low would mean a loss of -3.24% for stock’s current value.

Brookdale Senior Living Inc (BKD) estimates and forecasts

Statistics highlight that Brookdale Senior Living Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 15.81% of value to its shares in past 6 months, showing an annual growth rate of 32.14% while that of industry is 22.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.90% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 785.43M for the same. And 3 analysts are in estimates of company making revenue of 787.46M in the next quarter. Company posted 757.29M and 754.48M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 21.51% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 26.19% while estimates for its earnings growth in next 5 years are of 10.00%.

Brookdale Senior Living Inc (NYSE:BKD)’s Major holders

Insiders are in possession of 3.84% of company’s total shares while institution are holding 107.75 percent of that, with stock having share float percentage of 112.05%. Investors also watch the number of corporate investors in a company very closely, which is 107.75% institutions for Brookdale Senior Living Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at BKD for having 18.68 million shares of worth $127.56 million. And as of 2024-06-30, it was holding 8.2681 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 18.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.1733 of outstanding shares, having a total worth of $126.1 million.