Sonida Senior Living (NYSE:SNDA) Raised to Hold at Wall Street Zen
by Doug Wharley · The Cerbat GemSonida Senior Living (NYSE:SNDA – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.
Several other analysts also recently weighed in on the stock. Cantor Fitzgerald initiated coverage on shares of Sonida Senior Living in a research note on Monday, April 13th. They set an “overweight” rating and a $36.00 price target for the company. Morgan Stanley boosted their price objective on shares of Sonida Senior Living from $28.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 7th. Royal Bank Of Canada initiated coverage on shares of Sonida Senior Living in a research note on Friday, March 27th. They issued an “outperform” rating and a $39.00 price objective for the company. Finally, Weiss Ratings initiated coverage on shares of Sonida Senior Living in a research note on Wednesday, March 25th. They issued a “sell (d+)” rating for the company. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.33.
Check Out Our Latest Analysis on Sonida Senior Living
Sonida Senior Living Stock Down 0.0%
Sonida Senior Living stock opened at $34.67 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 136.33. Sonida Senior Living has a fifty-two week low of $20.30 and a fifty-two week high of $37.57. The company has a market cap of $1.64 billion, a PE ratio of -8.23 and a beta of 0.75.
Hedge Funds Weigh In On Sonida Senior Living
A number of large investors have recently bought and sold shares of SNDA. Ocean Park Asset Management LLC bought a new position in Sonida Senior Living in the first quarter worth approximately $337,000. Brookstone Capital Management purchased a new position in Sonida Senior Living in the first quarter worth $258,000. Finally, Capital Advisors Ltd. LLC purchased a new position in Sonida Senior Living in the first quarter worth $45,000. Institutional investors own 87.55% of the company’s stock.
Sonida Senior Living Company Profile
Sonida Senior Living (NYSE: SNDA) is a publicly traded company that owns and operates senior living communities in the United States. The company’s core business centers on providing housing and care services for older adults, with an emphasis on assisted living, memory care and related supportive services tailored to residents’ needs.
Sonida’s communities combine residential accommodations with on-site services such as personal care assistance, medication management, dining programs, social and recreational activities, and clinical oversight.