Brookdale Senior Living Inc. (NYSE:BKD)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group LLC in a note issued to investors on Friday, July 14th. They presently have a $16.50 price target on the stock. Jefferies Group LLC’s price objective would suggest a potential upside of 25.76% from the company’s previous close.
Several other equities analysts also recently issued reports on BKD. Zacks Investment Research upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. ValuEngine downgraded Brookdale Senior Living from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $18.86.
Shares of Brookdale Senior Living (NYSE:BKD) opened at 13.12 on Friday. Brookdale Senior Living has a 12 month low of $10.65 and a 12 month high of $18.46. The firm has a 50-day moving average price of $14.55 and a 200 day moving average price of $14.02. The firm’s market capitalization is $2.44 billion.
Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Monday, May 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.07. Brookdale Senior Living had a positive return on equity of 13.22% and a negative net margin of 9.77%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the company posted $0.58 EPS. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. On average, analysts anticipate that Brookdale Senior Living will post $1.80 EPS for the current fiscal year.
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Several hedge funds and other institutional investors have recently bought and sold shares of the company. CAPROCK Group Inc. bought a new stake in Brookdale Senior Living during the first quarter valued at about $322,000. Dalton Greiner Hartman Maher & Co. bought a new stake in Brookdale Senior Living during the first quarter valued at about $20,383,000. Quotient Investors LLC bought a new stake in Brookdale Senior Living during the first quarter valued at about $2,810,000. Parametrica Management Ltd bought a new stake in Brookdale Senior Living during the first quarter valued at about $391,000. Finally, Macquarie Group Ltd. bought a new stake in Brookdale Senior Living during the fourth quarter valued at about $11,922,000.
Brookdale Senior Living Company Profile
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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