Should You Sell Sabra Healthcare REIT Inc (SBRA) And Go Away This Year?

Sabra Healthcare REIT Inc (NASDAQ:SBRA) currently has a daily average trading volume of 2.48M but it saw 1867728 shares traded in last market. With a market cap of 4.16B USD, the company’s current market price of $17.50 came falling about -0.68 while comparing to the previous closing price of $17.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.99 and as low as $13.46. In the recent trading on the day, stock has struck highest price mark of $17.465 while lowest mark touched by it was $17.855.

Taking a look at 20-day trading activity of Sabra Healthcare REIT Inc (SBRA) gives us an average price of $17.47, while its current price level is -12.46% below from 52-week high level whereas it is 29.99% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $17.08 while that of 200 days or SMA-200 reads an average of $17.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.40% during that period while stretching the period over a month that increases to 3.13%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.12 which implies that the stock is in neutral territory.

JMP Securities upgraded its recommendation for the stock as a “Mkt Outperform” from “Mkt Perform” on January 07, 2025 while assigning a price target of $20. Mizuho also issued its recommendations for the stock as it downgraded the price target for the stock is $20.

Over the week, SBRA’s stock price is moving -3.69% down while it is 2.04% when we observe its performance for the past one month. Year-to-date it is 1.04% up and over the past year, the stock is showing an upside performance of 28.95%.

The company is expected to be releasing its next quarterly report on 2025-Feb-18, for which analysts forecasted an EPS of 0.17 while estimate for next year EPS is 0.7. In next quarter, company is expected to be making quarterly sales of $182.52M as analysts are expecting the sales for current fiscal year at $736.56M and seeing the company making $774.84M in sales next year. Moreover, analysts are in estimates of $180.23M for current-quarter revenue.

Currently, Sabra Healthcare REIT Inc’s total number of outstanding shares is 237.59M with 1.30% of that held by the insiders while 101.36% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.44% and return on equity (ROE) at 4.57%. It has a price to earnings ratio (P/E ratio) of 32.67 while having a 22.53 of forward P/E ratio. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 1.52 while price to sale or P/S ratio amounts to 5.94. Its return on asset (ROA) is 2.37% on average.