Let’s look at the key reasons that are pushing Brookdale Senior Living Inc (BKD) to new highs

On Monday, Brookdale Senior Living Inc (NYSE: BKD) was 4.18% up from the session before settling in for the closing price of $5.50. A 52-week range for BKD has been $4.04 – $8.12.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -7.18%. When this article was written, the company’s average yearly earnings per share was at 22.62%. With a float of $175.76 million, this company’s outstanding shares have now reached $188.25 million.

In terms of profitability, gross margin is 76.76%, operating margin of 0.79%, and the pretax margin is -6.4%.

Brookdale Senior Living Inc (BKD) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Brookdale Senior Living Inc stocks. The insider ownership of Brookdale Senior Living Inc is 11.77%, while institutional ownership is 96.92%. The most recent insider transaction that took place on Aug 28 ’24, was worth 104,599. Before that another transaction happened on May 15 ’24, when Company’s Director sold 3,300 for $7.25, making the entire transaction worth $23,925. This insider now owns 146,152 shares in total.

Brookdale Senior Living Inc (BKD) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 22.62% 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

You can see what Brookdale Senior Living Inc (BKD) 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 0.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.92, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.57 in one year’s time.

Technical Analysis of Brookdale Senior Living Inc (BKD)

Compared to the last year’s volume of 2.05 million, its volume of 2.92 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.42%. Additionally, its Average True Range was 0.29.

During the past 100 days, Brookdale Senior Living Inc’s (BKD) raw stochastic average was set at 12.61%, which indicates a significant decrease from 27.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.98% in the past 14 days, which was higher than the 41.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.40, while its 200-day Moving Average is $6.61. Nevertheless, the first resistance level for the watch stands at $5.89 in the near term. At $6.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.31. If the price goes on to break the first support level at $5.48, it is likely to go to the next support level at $5.22. Now, if the price goes above the second support level, the third support stands at $5.06.

Brookdale Senior Living Inc (NYSE: BKD) Key Stats

There are 199,213K outstanding shares of the company, which has a market capitalization of 1.10 billion. As of now, sales total 3,016 M while income totals -189,010 K. Its latest quarter income was 777,540 K while its last quarter net income were -37,730 K.