Brookdale Senior Living Receives Average Recommendation of “Buy” from Analysts (NYSE:BKD)
Shares of Brookdale Senior Living (NYSE:BKD) have earned an average rating of “Buy” from the nine brokerages that are covering the company, Analyst RN reports. Two equities research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $38.83.
Shares of Brookdale Senior Living (NYSE:BKD) traded up 1.77% during mid-day trading on Tuesday, hitting $33.98. The stock had a trading volume of 1,090,579 shares. Brookdale Senior Living has a 1-year low of $24.42 and a 1-year high of $36.18. The stock has a 50-day moving average of $34.27 and a 200-day moving average of $32.65. The company’s market cap is $5.878 billion.
Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.66. The company had revenue of $748.39 million for the quarter, compared to the consensus estimate of $740.32 million. During the same quarter in the previous year, the company posted ($0.04) earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Analysts expect that Brookdale Senior Living will post $-0.20 EPS for the current fiscal year.
In other Brookdale Senior Living news, EVP Glenn O. Maul unloaded 11,484 shares of Brookdale Senior Living stock on the open market in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $32.58, for a total transaction of $374,148.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at JMP Securities raised their price target on shares of Brookdale Senior Living from $40.00 to $46.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Brookdale Senior Living from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $34.30 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Brookdale Senior Living from $34.00 to $36.00 in a research note on Friday, August 8th.
Brookdale Senior Living Inc (NYSE:BKD) is an owner and operator of senior living communities throughout the United States.
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