Brookdale Senior Living Inc. (NYSE:BKD) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analyst sentiment is moderately bullish: Brookdale Senior Living has a consensus “Moderate Buy” rating from eight analysts, with five buys, one strong buy, one hold and one sell. The average 12-month price target is $17.40.
• Shares are trading below recent averages: BKD opened at $10.79, compared with 50-day and 200-day moving averages of $12.14 and $13.30, respectively. The stock has traded between $8.00 and $17.09 over the past year.
• Quarterly results exceeded EPS expectations but missed revenue estimates: Brookdale reported adjusted EPS of $0.10 versus the consensus estimate of a $0.06 loss, while revenue of $718.58 million fell short of the expected $735.63 million.

Shares of Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) have earned an average rating of "Moderate Buy" from the eight analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $17.40.

Several analysts have weighed in on the company. Barclays dropped their price objective on Brookdale Senior Living from $18.00 to $17.00 and set an "overweight" rating for the company in a report on Tuesday, August 11th. Weiss Ratings reissued a "sell (d-)" rating on shares of Brookdale Senior Living in a research note on Monday, August 24th. Finally, Compass Point began coverage on shares of Brookdale Senior Living in a research note on Monday, June 15th. They issued a "buy" rating and a $22.00 price objective on the stock.

Brookdale Senior Living Stock Performance

NYSE:BKD opened at $10.79 on Thursday. The stock's fifty day moving average price is $12.14 and its two-hundred day moving average price is $13.30. Brookdale Senior Living has a 52-week low of $8.00 and a 52-week high of $17.09. The company has a market cap of $2.58 billion, a price-to-earnings ratio of -18.60, a P/E/G ratio of 5.25 and a beta of 0.53.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its earnings results on Monday, August 10th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.16. Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 4.53%.The company had revenue of $718.58 million during the quarter, compared to analysts' expectations of $735.63 million. On average, equities analysts predict that Brookdale Senior Living will post 0.06 EPS for the current fiscal year.

Institutional Investors Weigh In On Brookdale Senior Living

A number of institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. acquired a new position in Brookdale Senior Living in the second quarter valued at about $43,000. Public Employees Retirement System of Ohio bought a new position in Brookdale Senior Living during the second quarter worth about $53,000. Nykredit A S acquired a new position in shares of Brookdale Senior Living during the 2nd quarter worth about $57,000. Persistent Asset Partners Ltd acquired a new position in shares of Brookdale Senior Living during the 2nd quarter worth about $66,000. Finally, Strs Ohio bought a new stake in shares of Brookdale Senior Living in the 1st quarter valued at about $70,000.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc NYSE: BKD is a U.S.-based senior living company that owns, manages and operates communities designed for older adults. Its offerings include independent living, assisted living, memory care and continuing care services, allowing residents to receive different levels of support as their needs change.

The company provides housing and daily living services alongside dining, wellness, social and recreational programs, transportation and care coordination. Through its ancillary services, Brookdale also offers certain home health, hospice and therapy services to residents and other older adults.

Brookdale serves communities across the United States.

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