Sabra Healthcare REIT Inc (NASDAQ: SBRA) on Tuesday, soared 1.73% from the previous trading day, before settling in for the closing price of $18.52. Within the past 52 weeks, SBRA’s price has moved between $12.83 and $20.03.
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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. The company achieved an average annual earnings per share of 760.00%. With a float of $232.72 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 43.82%, and the pretax margin is 16.12%.
Sabra Healthcare REIT Inc (SBRA) Insider Updates
Observing investor behavior towards REIT – Healthcare Facilities industry stocks is more important than anything else. The insider ownership of Sabra Healthcare REIT Inc is 1.64%, while institutional ownership is 97.10%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.11 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.14) by -0.03. 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 760.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 68.77% 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 6.44. Likewise, its price to free cash flow for the trailing twelve months is 14.41.
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 0.70 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 1.96 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 46.15%. Additionally, its Average True Range was 0.47.
During the past 100 days, Sabra Healthcare REIT Inc’s (SBRA) raw stochastic average was set at 75.81%, which indicates a significant increase from 41.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.29% in the past 14 days, which was higher than the 24.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.63, while its 200-day Moving Average is $15.96. However, in the short run, Sabra Healthcare REIT Inc’s stock first resistance to watch stands at $19.08. Second resistance stands at $19.33. The third major resistance level sits at $19.66. If the price goes on to break the first support level at $18.50, it is likely to go to the next support level at $18.17. Assuming the price breaks the second support level, the third support level stands at $17.92.
Sabra Healthcare REIT Inc (NASDAQ: SBRA) Key Stats
Market capitalization of the company is 4.46 billion based on 236,587K outstanding shares. Right now, sales total 647,510 K and income totals 13,760 K. The company made 178,000 K in profit during its latest quarter, and 29,790 K in sales during its previous quarter.
