On Friday, Sabra Healthcare REIT Inc (NASDAQ: SBRA) was 0.75% up from the session before settling in for the closing price of $17.37. A 52-week range for SBRA has been $12.83 – $20.03.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 1.01%. When this article was written, the company’s average yearly earnings per share was at 753.33%. With a float of $232.73 million, this company’s outstanding shares have now reached $236.59 million.
Considering the fact that the conglomerate employs 48 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 51.73%, operating margin of 38.19%, and the pretax margin is 14.18%.
Sabra Healthcare REIT Inc (SBRA) Insider Activity
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 1.63%, while institutional ownership is 97.28%. 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) Earnings and Forecasts
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 753.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 68.77% 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
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 6.02. Likewise, its price to free cash flow for the trailing twelve months is 13.49.
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)
Compared to the last year’s volume of 2.04 million, its volume of 2.23 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.68%. Additionally, its Average True Range was 0.43.
During the past 100 days, Sabra Healthcare REIT Inc’s (SBRA) raw stochastic average was set at 40.47%, which indicates a significant increase from 11.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.48% in the past 14 days, which was lower than the 24.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.51, while its 200-day Moving Average is $16.22. Nevertheless, the first resistance level for the watch stands at $17.64 in the near term. At $17.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.96. If the price goes on to break the first support level at $17.32, it is likely to go to the next support level at $17.13. Should the price break the second support level, the third support level stands at $17.00.
Sabra Healthcare REIT Inc (NASDAQ: SBRA) Key Stats
There are 236,587K outstanding shares of the company, which has a market capitalization of 4.17 billion. As of now, sales total 647,510 K while income totals 13,760 K. Its latest quarter income was 178,000 K while its last quarter net income were 29,790 K.
