Capital Senior Living Co. (NYSE:CSU) Receives Average Rating of “Hold” from Analysts

Capital Senior Living Co. (NYSE:CSU) has earned a consensus rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $3.99.

A number of research analysts recently commented on CSU shares. CIBC reaffirmed an “average” rating on shares of Capital Senior Living in a research report on Monday, August 12th. Royal Bank of Canada reiterated an “average” rating and issued a $1.45 price objective on shares of Capital Senior Living in a research note on Tuesday, August 6th. JMP Securities cut their target price on shares of Capital Senior Living from $7.00 to $6.00 and set a “market outperform” rating for the company in a research report on Friday, August 30th. Barclays started coverage on shares of Capital Senior Living in a research note on Tuesday, September 3rd. They set an “underweight” rating and a $3.00 target price for the company. Finally, Zacks Investment Research upgraded shares of Capital Senior Living from a “hold” rating to a “strong-buy” rating and set a $4.50 price target on the stock in a report on Monday, August 26th.

Capital Senior Living stock traded up $0.07 during mid-day trading on Friday, hitting $4.77. The company’s stock had a trading volume of 108,915 shares, compared to its average volume of 267,719. Capital Senior Living has a 52-week low of $3.48 and a 52-week high of $10.33. The company has a market cap of $150.06 million, a PE ratio of -5.68 and a beta of 1.06. The company has a debt-to-equity ratio of 51.53, a current ratio of 0.54 and a quick ratio of 0.54. The firm’s 50 day moving average is $4.59 and its 200 day moving average is $4.47.

Capital Senior Living (NYSE:CSU) last released its earnings results on Thursday, August 8th. The company reported ($0.27) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.35) by $0.08. The company had revenue of $113.13 million for the quarter, compared to analysts’ expectations of $114.81 million. Capital Senior Living had a negative return on equity of 77.25% and a negative net margin of 13.73%. As a group, analysts forecast that Capital Senior Living will post -1.14 EPS for the current year.

In other news, major shareholder Sam Levinson purchased 242,177 shares of Capital Senior Living stock in a transaction dated Friday, June 21st. The stock was acquired at an average cost of $4.28 per share, for a total transaction of $1,036,517.56. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have bought a total of 1,150,010 shares of company stock valued at $5,597,199 over the last ninety days. Company insiders own 18.60% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cove Street Capital LLC raised its position in Capital Senior Living by 20.2% during the first quarter. Cove Street Capital LLC now owns 3,137,584 shares of the company’s stock valued at $12,518,000 after acquiring an additional 526,546 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Capital Senior Living by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,551,144 shares of the company’s stock valued at $10,548,000 after acquiring an additional 17,348 shares during the last quarter. Invesco Ltd. grew its position in Capital Senior Living by 1.8% in the second quarter. Invesco Ltd. now owns 1,113,561 shares of the company’s stock worth $5,601,000 after acquiring an additional 19,623 shares in the last quarter. Renaissance Technologies LLC grew its position in Capital Senior Living by 57.2% in the second quarter. Renaissance Technologies LLC now owns 1,023,700 shares of the company’s stock worth $5,149,000 after acquiring an additional 372,400 shares in the last quarter. Finally, Altrinsic Global Advisors LLC increased its stake in shares of Capital Senior Living by 11.4% during the 1st quarter. Altrinsic Global Advisors LLC now owns 586,007 shares of the company’s stock worth $2,338,000 after purchasing an additional 60,000 shares during the last quarter. 70.52% of the stock is owned by institutional investors and hedge funds.

About Capital Senior Living

Capital Senior Living Corporation develops, owns, operates, and manages senior housing communities in the United States. The company provides senior living services to the elderly, including independent living, assisted living, and memory care services. Its independent living services comprise daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and similar programs, as well as exercise and fitness classes.

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Analyst Recommendations for Capital Senior Living (NYSE:CSU)

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