Brookdale Senior Living Inc. BKD was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 21.8% since Jan 29, 2016.
The company has seen 4 negative estimate revisions in the past 30 days, while the Zacks Consensus Estimate has moved lower over the same time frame, suggesting there may be trouble down the road for Brookdale Senior Living. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Brookdale Senior Living currently has a Zacks Rank #4 (Sell).
A better-ranked stock in the same space is Capital Senior Living Corp. CSU, sporting a Zacks Rank #1 (Strong Buy).
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