Wall Street predicts Sabra Healthcare REIT Inc (SBRA) stock to surge by 0.36%

Sabra Healthcare REIT Inc [SBRA] stock prices are up 1.17% to $16.44 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SBRA shares have gain 4.98% over the last week, with a monthly amount glided 13.69%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Sabra Healthcare REIT Inc [NASDAQ: SBRA] stock has seen the most recent analyst activity on January 30, 2024, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $21. Previously, BMO Capital Markets downgraded its rating to Market Perform on October 17, 2023, and kept the price target unchanged to $16. On October 16, 2023, upgrade upgraded it’s rating to Equal Weight and revised its price target to $15 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $16 on October 10, 2023. Wedbush initiated its recommendation with a Outperform and recommended $16 as its price target on October 03, 2023. Jefferies upgraded its rating to Buy for this stock on September 20, 2023, and upped its price target to $15. In a note dated August 11, 2023, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $11 to $14.

The stock price of Sabra Healthcare REIT Inc [SBRA] has been fluctuating between $11.63 and $16.80 over the past year. Currently, Wall Street analysts expect the stock to reach $16.5 within the next 12 months. Sabra Healthcare REIT Inc [NASDAQ: SBRA] shares were valued at $16.44 at the most recent close of the market. An investor can expect a potential return of 0.36% based on the average SBRA price forecast.

Analyzing the SBRA fundamentals

The Sabra Healthcare REIT Inc [NASDAQ:SBRA] reported sales of 662.65M for trailing twelve months, representing a surge of 5.39%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.51%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.89.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.29 points at the first support level, and at 16.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.54, and for the 2nd resistance point, it is at 16.63.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 5.74, the price to book ratio is 1.38 and price to earnings (TTM) ratio is 77.55.

Transactions by insiders

Recent insider trading involved Cusack Catherine, Director, that happened on May 22 ’24 when 7000.0 shares were purchased. Director, FOSTER MICHAEL J completed a deal on May 14 ’24 to sell 10000.0 shares. Meanwhile, Executive VP, CFO & Secretary Costa Michael Lourenco bought 1947.0 shares on Sep 01 ’23.

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