A new trading day began on Tuesday, with Sabra Healthcare REIT Inc (NASDAQ: SBRA) stock price down -0.66% from the previous day of trading, before settling in for the closing price of $19.67. SBRA’s price has ranged from $12.83 to $19.79 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 1.01% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 758.33%. With a float of $232.71 million, this company’s outstanding shares have now reached $236.59 million.
In an organization with 48 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 45.12%, operating margin of 38.36%, and the pretax margin is 16.09%.
Sabra Healthcare REIT Inc (SBRA) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Healthcare Facilities Industry. The insider ownership of Sabra Healthcare REIT Inc is 1.64%, while institutional ownership is 94.69%. 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) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.07 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 758.33% 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
Here are Sabra Healthcare REIT Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.68. Likewise, its price to free cash flow for the trailing twelve months is 14.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, 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 2.0 million. That was inferior than the volume of 2.05 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 83.16%. Additionally, its Average True Range was 0.50.
During the past 100 days, Sabra Healthcare REIT Inc’s (SBRA) raw stochastic average was set at 90.93%, which indicates a significant increase from 72.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.31% in the past 14 days, which was higher than the 23.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.53, while its 200-day Moving Average is $15.71. However, in the short run, Sabra Healthcare REIT Inc’s stock first resistance to watch stands at $19.88. Second resistance stands at $20.23. The third major resistance level sits at $20.42. If the price goes on to break the first support level at $19.34, it is likely to go to the next support level at $19.15. The third support level lies at $18.80 if the price breaches the second support level.
Sabra Healthcare REIT Inc (NASDAQ: SBRA) Key Stats
With a market capitalization of 4.62 billion, the company has a total of 236,587K Shares Outstanding. Currently, annual sales are 647,510 K while annual income is 13,760 K. The company’s previous quarter sales were 178,000 K while its latest quarter income was 29,790 K.
