Investor Insight: Brookdale Senior Living Inc (BKD) Goes Ballistic – Investor Confidence on the Rise

The stock of Brookdale Senior Living Inc (NYSE:BKD) last traded at $5.81, down -3.17% from the previous session.

BKD stock price is now 13.76% away from the 50-day moving average and -6.01% away from the 200-day moving average. The market capitalization of the company currently stands at $1.16B.

With the price target of $8, Jefferies recently initiated with Buy rating for Brookdale Senior Living Inc (NYSE: BKD). On October 07, 2024, BofA Securities Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock reducing its target price from $7.75 to quote $6, while ‘Macquarie’ rates the stock as ‘Outperform’

In other news, WIELANSKY LEE S, Director sold 10,000 shares of the company’s stock on Dec 05 ’24. The stock was sold for $56,200 at an average price of $5.62. Upon completion of the transaction, the Director now directly owns 211,382 shares in the company, valued at $1.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 05 ’24, Director WIELANSKY LEE S bought 10,000 shares of the business’s stock. A total of $56,150 was incurred on buying the stock at an average price of $5.62. A total of 12.08% of the company’s stock is owned by insiders.

During the past 12 months, Brookdale Senior Living Inc has had a low of $4.45 and a high of $8.12.

The net profit margin was -6.46% and return on equity was -65.55% for BKD. The company reported revenue of $780.95 million for the quarter, compared to $754.48 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.51 percent.

Related Posts

Fosters Research
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.