Brookdale Senior Living (NYSE:BKD) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• BROOKDALE Senior Living's stock price surpassed its 200-day moving average of $7.13, trading as high as $8.91 before settling at $8.77.
• Analysts have mixed ratings on the stock, with an average rating of "Hold" and a consensus target price of $8.25.
• The company reported a loss of ($0.18) EPS for the last quarter, missing estimates, with total revenues of $812.94 million.

Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $7.13 and traded as high as $8.91. Brookdale Senior Living shares last traded at $8.77, with a volume of 2,686,940 shares trading hands.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Royal Bank Of Canada restated an "outperform" rating and issued a $9.00 price objective on shares of Brookdale Senior Living in a report on Wednesday, July 9th. Wall Street Zen upgraded Brookdale Senior Living from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Weiss Ratings restated a "sell (d-)" rating on shares of Brookdale Senior Living in a report on Wednesday, October 8th. Finally, Barclays set a $8.00 price objective on Brookdale Senior Living and gave the company an "equal weight" rating in a report on Thursday, August 7th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $8.25.

Brookdale Senior Living Stock Up 0.5%

The business has a 50-day moving average price of $7.83 and a 200-day moving average price of $7.13. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of -8.35 and a beta of 0.90. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 39.87.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.04). The company had revenue of $812.94 million for the quarter, compared to analyst estimates of $817.63 million. Brookdale Senior Living had a negative return on equity of 107.19% and a negative net margin of 7.60%. As a group, equities analysts anticipate that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. ANTIPODES PARTNERS Ltd raised its position in Brookdale Senior Living by 3.4% during the second quarter. ANTIPODES PARTNERS Ltd now owns 14,151,773 shares of the company's stock valued at $98,504,000 after buying an additional 467,273 shares during the period. Maple Rock Capital Partners Inc. acquired a new position in Brookdale Senior Living during the second quarter valued at $45,804,000. Bank of America Corp DE raised its position in Brookdale Senior Living by 3.8% during the second quarter. Bank of America Corp DE now owns 6,507,559 shares of the company's stock valued at $45,293,000 after buying an additional 238,042 shares during the period. Geode Capital Management LLC raised its position in Brookdale Senior Living by 18.5% during the second quarter. Geode Capital Management LLC now owns 5,361,195 shares of the company's stock valued at $37,320,000 after buying an additional 838,862 shares during the period. Finally, Deutsche Bank AG raised its position in Brookdale Senior Living by 8.7% during the first quarter. Deutsche Bank AG now owns 3,987,153 shares of the company's stock valued at $24,960,000 after buying an additional 318,463 shares during the period.

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.

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