Brookdale Senior Living (NYSE:BKD) Sets New 1-Year Low - Should You Sell?

Shares of Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as $4.51 and last traded at $4.60, with a volume of 1982272 shares changing hands. The stock had previously closed at $4.63.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BKD shares. Royal Bank of Canada reissued an "outperform" rating and issued a $8.00 price target on shares of Brookdale Senior Living in a report on Friday, December 20th. Jefferies Financial Group started coverage on shares of Brookdale Senior Living in a report on Wednesday, October 16th. They issued a "buy" rating and a $8.00 price target on the stock. Finally, Macquarie reissued an "outperform" rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research note on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, Brookdale Senior Living currently has an average rating of "Hold" and a consensus price target of $7.50.

Brookdale Senior Living Price Performance

The business's fifty day moving average price is $5.05 and its 200-day moving average price is $6.02. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 14.46. The company has a market capitalization of $906.42 million, a P/E ratio of -4.95 and a beta of 1.29.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.06). Brookdale Senior Living had a negative return on equity of 59.06% and a negative net margin of 6.75%. The firm had revenue of $784.17 million during the quarter, compared to analysts' expectations of $785.61 million. During the same period in the prior year, the company earned ($0.22) EPS. As a group, sell-side analysts predict that Brookdale Senior Living Inc. will post -0.68 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Brookdale Senior Living news, Director Lee S. Wielansky sold 10,000 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $5.62, for a total value of $56,200.00. Following the sale, the director now owns 211,382 shares of the company's stock, valued at $1,187,966.84. This trade represents a 4.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.80% of the stock is owned by corporate insiders.

Institutional Trading of Brookdale Senior Living

Institutional investors have recently modified their holdings of the company. R Squared Ltd purchased a new stake in Brookdale Senior Living in the 4th quarter worth approximately $33,000. Sei Investments Co. purchased a new stake in Brookdale Senior Living in the second quarter worth $81,000. Illumine Investment Management LLC bought a new stake in Brookdale Senior Living in the fourth quarter valued at $101,000. Quest Partners LLC purchased a new position in Brookdale Senior Living during the 3rd quarter valued at $104,000. Finally, Retirement Income Solutions Inc bought a new position in Brookdale Senior Living in the 4th quarter worth $114,000.

About Brookdale Senior Living

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.