Stock Mover of the Day: What’s in Brookdale Senior Living, Inc. After Achieving 52 Week Low?

Stock Mover of the Day: What's in Brookdale Senior Living, Inc. After Achieving 52 Week Low?

The stock of Brookdale Senior Living, Inc. (NYSE:BKD) hit a new 52-week low and has $10.97 target or 6.00% below today’s $11.67 share price. The 6 months bearish chart indicates high risk for the $2.13B company. The 1-year low was reported on Nov, 1 by Barchart.com. If the $10.97 price target is reached, the company will be worth $127.80 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 15.33 million shares traded hands or 528.28% up from the average. Brookdale Senior Living, Inc. (NYSE:BKD) has declined 6.42% since March 30, 2016 and is downtrending. It has underperformed by 9.43% the S&P500.

Analysts await Brookdale Senior Living, Inc. (NYSE:BKD) to report earnings on November, 2. They expect $0.63 EPS, up 290.91% or $0.96 from last year’s $-0.33 per share. BKD’s profit will be $114.99M for 4.63 P/E if the $0.63 EPS becomes a reality. After $0.66 actual EPS reported by Brookdale Senior Living, Inc. for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Brookdale Senior Living, Inc. (NYSE:BKD) Ratings Coverage

Out of 6 analysts covering Brookdale Senior Living (NYSE:BKD), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Brookdale Senior Living has been the topic of 14 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Brookdale Senior Living, Inc. (NYSE:BKD) earned “Equal Weight” rating by Barclays Capital on Wednesday, August 5. JMP Securities maintained Brookdale Senior Living, Inc. (NYSE:BKD) rating on Wednesday, August 24. JMP Securities has “Market Outperform” rating and $29 price target. The company was downgraded on Wednesday, August 5 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets with “Top Pick” on Wednesday, August 5. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, January 6. As per Friday, November 6, the company rating was maintained by RBC Capital Markets. Jefferies maintained Brookdale Senior Living, Inc. (NYSE:BKD) rating on Wednesday, August 5. Jefferies has “Buy” rating and $44 price target.

According to Zacks Investment Research, “Brookdale Senior Living Inc. is a leading owner and operator of senior living facilities throughout the United States. The Company is committed to providing an exceptional living experience through properties that are designed, purpose-built and operated to provide the highest-quality service, care and living accommodations for residents. The Company owns and operates independent, assisted and dementia-care facilities.”

Insitutional Activity: The institutional sentiment increased to 1.05 in 2016 Q2. Its up 0.03, from 1.02 in 2016Q1. The ratio improved, as 30 funds sold all Brookdale Senior Living, Inc. shares owned while 74 reduced positions. 31 funds bought stakes while 78 increased positions. They now own 189.41 million shares or 0.12% less from 189.63 million shares in 2016Q1.
Invesco Limited reported 17.89 million shares or 0.1% of all its holdings. New South Capital Mgmt Incorporated reported 5.20 million shares or 1.98% of all its holdings. Pnc Fincl Svcs Group accumulated 13,682 shares or 0% of the stock. Geode Cap Mngmt Ltd Llc has 1.20M shares for 0.01% of their US portfolio. Comerica Savings Bank owns 287,322 shares or 0.04% of their US portfolio. Signaturefd Ltd Company reported 320 shares or 0% of all its holdings. First Trust Advsrs L P owns 985,781 shares or 0.05% of their US portfolio. Springbok Capital Mngmt Ltd Liability Corporation has 0.06% invested in the company for 26,100 shares. Findlay Park Prtnrs Ltd Liability Partnership has invested 0.12% of its portfolio in Brookdale Senior Living, Inc. (NYSE:BKD). Moreover, Marshall Wace Ltd Liability Partnership has 0.03% invested in Brookdale Senior Living, Inc. (NYSE:BKD) for 259,841 shares. Credit Suisse Ag owns 220,663 shares or 0% of their US portfolio. Gotham Asset Management Ltd Limited Liability Company last reported 466,834 shares in the company. Moreover, Guggenheim Cap Lc has 0% invested in Brookdale Senior Living, Inc. (NYSE:BKD) for 13,051 shares. The New York-based Alliancebernstein L P has invested 0% in Brookdale Senior Living, Inc. (NYSE:BKD). Redmile Group Incorporated Limited Liability, a California-based fund reported 1.55M shares.

More notable recent Brookdale Senior Living, Inc. (NYSE:BKD) news were published by: Streetinsider.com which released: “Brookdale Senior Living (BKD) to Acquire Minority Stake in HCP, Blackstone …” on November 01, 2016, also Fool.com with their article: “Better Buy: Welltower Inc. vs. Brookdale Senior Living” published on October 15, 2016, Prnewswire.com published: “Brookdale Senior Living names Cedric T. Coco as EVP and Chief People Officer” on October 12, 2016. More interesting news about Brookdale Senior Living, Inc. (NYSE:BKD) were released by: Forbes.com and their article: “Brookdale Senior Living is Now Oversold (BKD)” published on October 14, 2016 as well as Seekingalpha.com‘s news article titled: “Brookdale Senior plunges after miss, cut in guidance” with publication date: November 01, 2016.

BKD Company Profile

Brookdale Senior Living Inc., incorporated on June 28, 2005, is engaged in the operation of senior living communities in the United States. The Firm operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Firm has five divisions: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services, and Management Services. The Company’s Retirement Centers segment includes owned or leased communities that are designed for middle to upper income seniors. The Company’s Assisted Living segment includes owned or leased communities that offer housing and around the clock assistance with activities of daily life to mid-acuity frail and elderly residents. The Company’s CCRCs-Rental segment includes owned or leased communities that offer a range of living arrangements and services to accommodate all levels of physical ability and health. The Company’s Brookdale Ancillary Services segment includes the outpatient therapy, home health and hospice services provided to residents of many of the Company’s communities, to other senior living communities that the Company does not own or operate and to seniors living outside of the Company’s communities. The Company’s Management Services segment includes communities operated by the Company pursuant to management agreements.

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