Sabra Healthcare REIT Inc (NASDAQ: SBRA) on Tuesday, plunged -0.66% from the previous trading day, before settling in for the closing price of $13.69. Within the past 52 weeks, SBRA’s price has moved between $10.10 and $14.91.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 1.01%. The company achieved an average annual earnings per share of 861.53%. With a float of $227.78 million, this company’s outstanding shares have now reached $231.27 million.
Let’s determine the extent of company efficiency that accounts for 48 employees.
Sabra Healthcare REIT Inc (SBRA) Insider Activity
Observing investor behavior towards REIT – Healthcare Facilities industry stocks is more important than anything else. The insider ownership of Sabra Healthcare REIT Inc is 1.60%, while institutional ownership is 92.06%. The most recent insider transaction that took place on Sep 01 ’23, was worth 24,591. In this transaction Executive VP, CFO & Secretary of this company bought 1,947 shares at a rate of $12.63, taking the stock ownership to the 183,218 shares.
Sabra Healthcare REIT Inc (SBRA) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 861.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.30% during the next five years compared to -47.68% drop over the previous five years of trading.
Sabra Healthcare REIT Inc (NASDAQ: SBRA) Trading Performance Indicators
Sabra Healthcare REIT Inc (SBRA) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.81. Likewise, its price to free cash flow for the trailing twelve months is 10.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.06, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.64 in one year’s time.
Technical Analysis of Sabra Healthcare REIT Inc (SBRA)
Looking closely at Sabra Healthcare REIT Inc (NASDAQ: SBRA), its last 5-days average volume was 1.53 million, which is a drop from its year-to-date volume of 2.03 million. As of the previous 9 days, the stock’s Stochastic %D was 8.10%. Additionally, its Average True Range was 0.29.
During the past 100 days, Sabra Healthcare REIT Inc’s (SBRA) raw stochastic average was set at 37.02%, which indicates a significant increase from 5.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.91% in the past 14 days, which was higher than the 20.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.00, while its 200-day Moving Average is $13.63. However, in the short run, Sabra Healthcare REIT Inc’s stock first resistance to watch stands at $13.71. Second resistance stands at $13.82. The third major resistance level sits at $13.91. If the price goes on to break the first support level at $13.51, it is likely to go to the next support level at $13.41. Should the price break the second support level, the third support level stands at $13.30.
Sabra Healthcare REIT Inc (NASDAQ: SBRA) Key Stats
Market capitalization of the company is 3.15 billion based on 231,477K outstanding shares. Right now, sales total 647,510 K and income totals 13,760 K. The company made 163,400 K in profit during its latest quarter, and 17,160 K in sales during its previous quarter.
