Capital Senior Living Co. (NYSE:CSU) has earned an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $5.15.
Several analysts recently weighed in on CSU shares. Raymond James restated a “neutral” rating on shares of Capital Senior Living in a research note on Friday, May 3rd. CIBC restated an “average” rating on shares of Capital Senior Living in a research note on Monday, August 12th. Zacks Investment Research downgraded Capital Senior Living from a “buy” rating to a “hold” rating in a research note on Tuesday, July 30th. ValuEngine upgraded Capital Senior Living from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 1st. Finally, Royal Bank of Canada restated an “average” rating and issued a $1.45 price target on shares of Capital Senior Living in a research note on Tuesday, August 6th.
Shares of CSU stock traded down $0.10 during midday trading on Monday, reaching $3.97. 115,500 shares of the stock were exchanged, compared to its average volume of 278,564. Capital Senior Living has a 1 year low of $3.48 and a 1 year high of $10.33. The company’s 50 day moving average is $4.97 and its two-hundred day moving average is $4.74. The company has a current ratio of 0.54, a quick ratio of 0.57 and a debt-to-equity ratio of 51.53. The firm has a market cap of $128.04 million, a PE ratio of -4.73 and a beta of 0.99.
Capital Senior Living (NYSE:CSU) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.27) earnings per share for the quarter, topping the consensus estimate of ($0.35) by $0.08. The company had revenue of $113.13 million for the quarter, compared to the consensus estimate of $114.81 million. Capital Senior Living had a negative return on equity of 77.25% and a negative net margin of 13.73%. As a group, equities analysts expect that Capital Senior Living will post -1.23 EPS for the current fiscal year.
In related news, VP Gloria Holland sold 9,838 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $3.80, for a total value of $37,384.40. Following the transaction, the vice president now directly owns 18,067 shares of the company’s stock, valued at approximately $68,654.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Sam Levinson acquired 83,268 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was acquired at an average cost of $4.35 per share, for a total transaction of $362,215.80. The disclosure for this purchase can be found here. Insiders purchased a total of 1,315,518 shares of company stock worth $6,360,746 in the last 90 days. 18.60% of the stock is currently owned by company insiders.
Hedge funds have recently added to or reduced their stakes in the stock. Marshall Wace LLP bought a new position in Capital Senior Living in the 1st quarter valued at approximately $26,000. Bank of Montreal Can lifted its position in Capital Senior Living by 301.9% in the 1st quarter. Bank of Montreal Can now owns 6,647 shares of the company’s stock valued at $27,000 after acquiring an additional 4,993 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in Capital Senior Living by 921.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,963 shares of the company’s stock valued at $30,000 after acquiring an additional 5,379 shares in the last quarter. Aperio Group LLC bought a new position in Capital Senior Living in the 2nd quarter valued at approximately $32,000. Finally, Legal & General Group Plc lifted its holdings in shares of Capital Senior Living by 58.2% during the 4th quarter. Legal & General Group Plc now owns 5,868 shares of the company’s stock valued at $40,000 after buying an additional 2,159 shares during the period. 74.48% of the stock is currently owned by institutional investors and hedge funds.
About Capital Senior Living
Capital Senior Living Corporation develops, owns, operates, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent living, assisted living, and memory care services. Its independent living services comprise daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as exercise and fitness classes.
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