Brookdale Senior Living Inc (BKD) 20 Days SMA touches -4.61%: The odds favor the bear

Brookdale Senior Living Inc (NYSE: BKD) kicked off on Tuesday, down -0.74% from the previous trading day, before settling in for the closing price of $6.75. Over the past 52 weeks, BKD has traded in a range of $3.33-$7.62.

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During the last 5-year period, the sales drop of Healthcare Sector giant was -7.22%. While this was happening, its average annual earnings per share was recorded 30.95%. With a float of $185.34 million, this company’s outstanding shares have now reached $188.25 million.

Brookdale Senior Living Inc (BKD) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Medical Care Facilities Industry. The insider ownership of Brookdale Senior Living Inc is 3.97%, while institutional ownership is 99.33%. The most recent insider transaction that took place on May 15 ’24, was worth 23,925. In this transaction Director of this company sold 3,300 shares at a rate of $7.25, taking the stock ownership to the 146,152 shares. Before that another transaction happened on Mar 06 ’24, when Company’s EVP & Treasurer bought 9,140 for $5.50, making the entire transaction worth $50,307. This insider now owns 351,883 shares in total.

Brookdale Senior Living Inc (BKD) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.02 earnings per share (EPS), higher than consensus estimate (set at -0.24) by 0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 30.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 21.51% growth over the previous five years of trading.

Brookdale Senior Living Inc (NYSE: BKD) Trading Performance Indicators

Take a look at Brookdale Senior Living Inc’s (BKD) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.77, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.47 in one year’s time.

Technical Analysis of Brookdale Senior Living Inc (BKD)

Looking closely at Brookdale Senior Living Inc (NYSE: BKD), its last 5-days average volume was 1.3 million, which is a drop from its year-to-date volume of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 18.62%. Additionally, its Average True Range was 0.24.

During the past 100 days, Brookdale Senior Living Inc’s (BKD) raw stochastic average was set at 60.85%, which indicates a significant increase from 9.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.51% in the past 14 days, which was lower than the 46.53% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.76, while its 200-day Moving Average is $5.38. However, in the short run, Brookdale Senior Living Inc’s stock first resistance to watch stands at $6.81. Second resistance stands at $6.91. The third major resistance level sits at $6.97. If the price goes on to break the first support level at $6.64, it is likely to go to the next support level at $6.58. Should the price break the second support level, the third support level stands at $6.48.

Brookdale Senior Living Inc (NYSE: BKD) Key Stats

The company with the Market Capitalisation of 1.29 billion has total of 193,013K Shares Outstanding. Its annual sales at the moment are 3,016 M in contrast with the sum of -189,010 K annual income. Company’s last quarter sales were recorded 782,830 K and last quarter income was -29,570 K.