Analyst Research

Analysts Weigh in on Sabra REIT (SBRA)

Sabra REIT (NASDAQ:SBRA) shares traded 1.46% up during most recent session to reach at the closing price of $22.86. The stock exchanged hands 4.54 Million shares versus average trading capacity of 1.05 Million shares, yielding a market cap of $1.52 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $26.83 within the next 52-weeks. The mean target projections are based on 9 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Sabra REIT (NASDAQ:SBRA) high price target of $30 and with a conservative view have low price target of $23.

BTIG Research “Initiates Coverage on” Sabra REIT (NASDAQ:SBRA) in a research note issued to investors on 8/25/16 to Neutral.

Additionally on 8/17/16 Citigroup “Maintained” Sabra REIT (NASDAQ:SBRA) to Neutral setting price target at $24 and on 7/25/16 Bank of America “Downgrades” the stock to Underperform. Furthermore on 7/07/16 Citigroup “Maintained” the stock to Neutral at $22.

On the other hand the company has Relative Strength Index (RSI 14) of 32.18 along with Average True Range (ATR 14) of 0.65, Consequently Sabra REIT (NASDAQ:SBRA)’s weekly and monthly volatility is 2.19%, 2.57% respectively. The company’s beta value is at 0.91.

In terms of Buy, Sell or Hold recommendations, Sabra REIT (NASDAQ:SBRA) has analysts’ mean recommendation of 2.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Sabra REIT (NASDAQ:SBRA)’s minimum EPS for the current quarter is at $0.25 and can go high up to $0.44. The consensus mean EPS for the current quarter is at $0.32 derived from a total of 3 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.53 earnings per share for the same quarter during last year.

Previously Sabra REIT (NASDAQ:SBRA) reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $-0.08. The company posted an earnings surprise of -24.2%.

While considering growth estimates of the company, it has next quarter growth estimates of -17.1% whereas during current quarter it has -39.6% estimations over growth, comparing to the estimations of 30.4% during current year and -1.7% for next year. Past 5 years growth of Sabra REIT (NASDAQ:SBRA) observed at 18.28%, looking forward for the next 5 years it has a strong prediction of 6% over growth.

Sabra REIT (NASDAQ:SBRA)’s revenue estimates for the current quarter are $64.89 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $66.35 Million in contradiction of low revenue estimates of $63.26 Million. For the current year the company’s revenue estimates are $257.48 Million compared to low analyst estimates of $244 Million and high estimates of $263.33 Million according to 4 number of analysts.

Currently Sabra REIT (NASDAQ:SBRA)’s shares owned by insiders are 1.3%, whereas shares owned by institutional owners are 98.3%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 4.89%.

Sabra REIT (NASDAQ:SBRA) 52-week high price stands at $29.10 and low price stands at $19.30, its price distance from 52-week high is -21.44% while its distance from 52-week low price is 18.45%. The stock hit its 52-week high on 04/21/17, and 52-week low on 11/10/16.

Sabra REIT (NASDAQ:SBRA)’s trailing twelve month revenues are $260.6 Million, whereas its price to sales ratio for the same period is 5.83. Its book value per share for the most recent quarter is $15.37 while its price to book ratio for the same period is 1.49, as for as the company’s cash per share for the most recent quarter is $0.19, however its price to cash per share ratio for the same period is 118.64. The stock has 5 year expected PEG ratio of 2.64 whereas its trailing twelve month P/E ratio is 15.86.

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