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

Shares of Brookdale Senior Living Inc. (NYSE:BKD) have been given a consensus recommendation of “Hold” by the five ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $7.80.

Several equities analysts have recently commented on BKD shares. Barclays set a $8.00 price objective on shares of Brookdale Senior Living and gave the company an “equal weight” rating in a research note on Thursday, August 7th. Wall Street Zen raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $9.00 price target on shares of Brookdale Senior Living in a research note on Wednesday, July 9th.

Hedge Funds Weigh In On Brookdale Senior Living

Institutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC raised its stake in Brookdale Senior Living by 1,999.4% in the first quarter. GAMMA Investing LLC now owns 7,180 shares of the company’s stock worth $45,000 after buying an additional 6,838 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in Brookdale Senior Living in the first quarter worth about $47,000. Strs Ohio bought a new position in Brookdale Senior Living in the first quarter worth about $61,000. Lazard Asset Management LLC raised its stake in Brookdale Senior Living by 41.0% in the second quarter. Lazard Asset Management LLC now owns 12,531 shares of the company’s stock worth $87,000 after buying an additional 3,644 shares in the last quarter. Finally, R Squared Ltd bought a new position in shares of Brookdale Senior Living during the second quarter valued at approximately $126,000.

Brookdale Senior Living Stock Performance

Shares of NYSE:BKD opened at $8.23 on Thursday. The company has a market cap of $1.93 billion, a price-to-earnings ratio of -7.83 and a beta of 0.91. The company has a 50-day moving average price of $7.66 and a 200-day moving average price of $6.95. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 39.87. Brookdale Senior Living has a 12 month low of $4.45 and a 12 month high of $8.55.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.04). The firm had revenue of $812.94 million for the quarter, compared to the consensus estimate of $817.63 million. Brookdale Senior Living had a negative net margin of 7.60% and a negative return on equity of 107.19%. As a group, equities analysts anticipate that Brookdale Senior Living will post -0.56 EPS for the current year.

About Brookdale Senior Living

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.