Brookdale Senior Living Inc. (NYSE:BKD) is trading up 38.97% versus 12-month low of 10.65 and stands -23.79% lower from its 1-year peak of $19.42. The consensus price target (PT) of $16.14 means that the market expects Company shares to increase by 25.6% in the short run. The sell-side target prices range from $12 to $22. In the last month the stock has moved in price 17.93%, with a one year change of -9.76%. The last trading session volume compares with the 4.11M average and market worth floats around 2.85B.
Brookdale Senior Living Inc. (NYSE:BKD) gained 15.18% to reach at the trading price of $14.80 as it is set to release its next quarterly earnings report on February 08, 2017. Brookdale Senior Living Inc. stock trades in the range of $12.61 to $15.58 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $0.42 a share with $1.21B in revenue.
Brookdale Senior Living Inc. (BKD) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast Brookdale Senior Living Inc. to earn $0.5 per share (EPS) on revenue of $1.21B. The EPS consensus range is $0.4-$0.59 on revenue between $1.24B and $1.2B.
While if we look at the Earnings Track Record, Brookdale Senior Living Inc. (BKD) managed to surpass quarterly earnings per share estimates in 3 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 25%. Last time the company reported, Brookdale Senior Living Inc. (BKD) generated $0.51 in earnings per share, missing the consensus estimate of $0.62. Revenues hit $1.25B in the September 2017 quarter, which was below the consensus $1.26B projection. On the other hand, in the June 2017 quarter the company recorded a net $1.26B revenue with earnings per share of $0.66. Wall Street had anticipated $1.26B and $0.59, respectively. For comparison, there was a revenue of $1.26B and EPS of $0.58 in the March 2016 period.
Brookdale Senior Living Inc. (NYSE:BKD) Analyst Insights
The buoyancy in the outlook of Brookdale Senior Living Inc. (BKD) is getting weaker by the somewhat negative sentiment (2.60 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Buy. BofA/Merrill has been covering shares of BKD, so it is most recent view is worth a look. In a research note issued on Nov 11, 2016, analysts at downgraded the stock to Hold from Buy. Another noteworthy analyst activity was recorded on Nov 02, 2016. Downgraded the stock to Underperform from Neutral.