Brookdale Senior Living Inc. (NYSE:BKD) Given Average Recommendation of “Hold” by Analysts

Shares of Brookdale Senior Living Inc. (NYSE:BKD) have been assigned a consensus rating of “Hold” from the five brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $7.40.

A number of research firms have recently commented on BKD. Barclays began coverage on shares of Brookdale Senior Living in a research note on Tuesday. They set an “equal weight” rating and a $7.00 price objective for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Thursday, February 20th. Finally, Macquarie restated an “outperform” rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research report on Wednesday, March 12th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. R Squared Ltd bought a new stake in shares of Brookdale Senior Living in the 4th quarter worth about $33,000. Lazard Asset Management LLC boosted its holdings in Brookdale Senior Living by 6,029.2% in the fourth quarter. Lazard Asset Management LLC now owns 9,868 shares of the company’s stock worth $49,000 after acquiring an additional 9,707 shares in the last quarter. Crestline Management LP purchased a new position in Brookdale Senior Living in the 4th quarter worth $64,000. Freestone Grove Partners LP acquired a new stake in shares of Brookdale Senior Living in the fourth quarter worth $65,000. Finally, Sherbrooke Park Advisers LLC purchased a new stake in Brookdale Senior Living in the 4th quarter worth approximately $80,000.

Brookdale Senior Living Price Performance

Shares of Brookdale Senior Living stock traded down $0.19 during trading on Tuesday, hitting $6.08. The stock had a trading volume of 291,632 shares, compared to its average volume of 2,202,883. The business has a fifty day moving average of $5.44 and a two-hundred day moving average of $5.62. The firm has a market cap of $1.22 billion, a P/E ratio of -6.79 and a beta of 1.31. Brookdale Senior Living has a fifty-two week low of $4.45 and a fifty-two week high of $8.12. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.21). The company had revenue of $780.95 million for the quarter, compared to analyst estimates of $781.78 million. Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. On average, sell-side analysts expect that Brookdale Senior Living will post -0.56 earnings per share for the current fiscal year.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.