On Friday, Sabra Healthcare REIT Inc (NASDAQ: SBRA) was -1.10% drop from the session before settling in for the closing price of $19.01. A 52-week range for SBRA has been $12.83 – $19.32.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Real Estate sector has jumped its sales by 1.01% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 783.33%. With a float of $230.43 million, this company’s outstanding shares have now reached $231.27 million.
In an organization with 48 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 50.51%, operating margin of 51.58%, and the pretax margin is 8.0%.
Sabra Healthcare REIT Inc (SBRA) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sabra Healthcare REIT Inc stocks. The insider ownership of Sabra Healthcare REIT Inc is 1.64%, while institutional ownership is 91.93%. The most recent insider transaction that took place on May 22 ’24, was worth 101,010. In this transaction Director of this company bought 7,000 shares at a rate of $14.43, taking the stock ownership to the 46,385 shares. Before that another transaction happened on May 14 ’24, when Company’s Director sold 10,000 for $14.68, making the entire transaction worth $146,830. This insider now owns 63,923 shares in total.
Sabra Healthcare REIT Inc (SBRA) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.07 earnings per share (EPS) during the time that was less than consensus figure (set at 0.13) by -0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 783.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 68.42% 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
You can see what Sabra Healthcare REIT Inc (SBRA) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.49. Likewise, its price to free cash flow for the trailing twelve months is 14.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.22, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.68 in one year’s time.
Technical Analysis of Sabra Healthcare REIT Inc (SBRA)
Let’s dig in a bit further. During the last 5-days, its volume was 1.78 million. That was inferior than the volume of 2.02 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 78.61%. Additionally, its Average True Range was 0.35.
During the past 100 days, Sabra Healthcare REIT Inc’s (SBRA) raw stochastic average was set at 90.46%, which indicates a significant increase from 73.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.27% in the past 14 days, which was lower than the 21.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.90, while its 200-day Moving Average is $15.38. However, in the short run, Sabra Healthcare REIT Inc’s stock first resistance to watch stands at $19.01. Second resistance stands at $19.23. The third major resistance level sits at $19.37. If the price goes on to break the first support level at $18.65, it is likely to go to the next support level at $18.51. Assuming the price breaks the second support level, the third support level stands at $18.29.
Sabra Healthcare REIT Inc (NASDAQ: SBRA) Key Stats
There are 231,496K outstanding shares of the company, which has a market capitalization of 4.40 billion. As of now, sales total 647,510 K while income totals 13,760 K. Its latest quarter income was 176,140 K while its last quarter net income were 23,980 K.
