Sabra Health Care REIT (SBRA) Crumbles: Stock Falls by 5.2% – Tale of the Tape

September 30, 2014 Technicals 0

Zacks

Sabra Health Care REIT, Inc. (SBRA) saw a big move last session, as the company’s shares fell more than 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for SBRA, as the stock is now down 14.9% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

SBRA currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the REIT – Healthcare Facilities Industry include Alexandria Real Estate Equities, Inc. (ARE), American Tower Corporation (AMT) and CatchMark Timber Trust, Inc. (CTT). All these stocks holds a Zacks Rank #2 (Buy) .

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Be the first to comment

Leave a Reply