Can Buying Brookdale Senior Living Inc (NYSE: BKD) Still Be Worthwhile?

Brookdale Senior Living Inc (NYSE:BKD) does about 2.15M shares in volume on a normal day but saw 2304042 shares change hands in Monday’s trading. The company now has a market cap of 1.35B USD. Its current market price is $6.99, marking a decrease of -0.99% compared to the previous close of $7.06. The 52 week high reached by this stock is $7.62 whilst the lowest price level in 52 weeks is $3.33.

Brookdale Senior Living Inc (BKD) has a 20-day trading average at $6.91 and the current price is -8.27% off the 52-week high compared with 109.91% distance from its 52-week low. The 50-day simple moving average of the closing price is $6.56 and its 200-day simple moving average is $5.23. If we look at the stock’s price movements over the week, volatility stands at 4.96%, which decreases to 4.25% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 53.12 to suggest the stock is neutral.

The consensus objective for the share price is $7.58, suggesting that the stock has a potential upside of 7.78% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 15, 2023 when BofA Securities upgraded the stock to “Neutral” and issued a price target of between $3.95 and $6. RBC Capital Mkts also upgraded the stock to “Outperform” from Sector Perform on November 17, 2023 at a price target of $7-$9. Stifel downgraded its price target at $5-$4.

Brookdale Senior Living Inc (BKD) stock is down -4.25% over the week and 8.04% over the past month. Its price is 20.10% year-to-date and 81.56% over the past year.

To reach the target analysts have set, the stock logically needs to grow 7.78 percent from here.

The company has a return on investment of -3.59% and return on equity of -38.11%. The beta has a value of 1.36. Price to book ratio is 3.61 and price to sales ratio is 0.44.