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Saturday, December 2, 2023

Brookdale Senior Living Inc (NYSE: BKD): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Brookdale Senior Living Inc (BKD) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.07, or -1.61%, to $4.28. The Brookdale Senior Living Inc has recorded 999,143 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Brookdale Announces Third Quarter 2023 Results.

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Stocks Info

BKD belongs to the Healthcare sector of the NYSE while operating in the Medical Care Facilities industry. At the end of the last regular session, the stock closed at $4.35 and fluctuated between $4.4500 as its day high and $4.2850 as its day low. The current market capitalization of Brookdale Senior Living Inc is $818.76M. A total of 2.14 million shares were traded on the day, compared to an average of 1.10M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, BKD has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 6,944 and the disposition of 284 shares. Over the last 12 months, there were 27 BUYs and 18 SELLs from insiders. Insiders purchased 1,929,324 shares during that period but sold 616,938.

In the most recent transaction, Asher Jordan R sold 17,200 shares of BKD for 3.33 per share on Mar 02. After the transaction, the Director now owns 102,965 company shares. In a previous transaction on Nov 17, BUMSTEAD FRANK M bought 50,000 shares at 3.09 per share. BKD shares that Director owns now total 401,291.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for BKD in the last 3 months, the mean price target is $4.98 with high estimates of $7.00 and low estimates of $3.95. In terms of 52-week highs and lows, BKD has a high of $5.07 and a low of $2.27.

As of this writing, BKD has an earnings estimate of -$0.21 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.2 per share and a lower estimate of -$0.23. The company reported an EPS of -$0.2 in the last quarter, which was 31.00% higher than expectations of -$0.29.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. BKD’s latest balance sheet shows that the firm has $529.42M in Cash & Short Term Investments as of fiscal 2021. There were $5.23B in debt and $631.95M in liabilities at the time. Its Book Value Per Share was $2.86, while its Total Shareholder’s Equity was $699.62M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BKD is Buy with a score of 2.50.

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