Ventas Inc (NYSE: VTR) Slashes -0.63%: What Could Be On The Way Going Forward?

Ventas Inc (NYSE:VTR) shares, rose in value on Friday, March 15, with the stock price down by -0.63% to the previous day’s close as strong demand from buyers drove the stock to $42.32.

Actively observing the price movement in the recent trading, the stock is buoying the session at $42.59. The value of beta (5-year monthly) is 1.27. Referring to stock’s 52-week performance, its high was $50.99, and the low was $39.33. On the whole, VTR has fluctuated by -7.21% over the past month.

With the market capitalization of Ventas Inc currently standing at about $17.03 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 06, 2024 – May 10, 2024. The company’s Forward Dividend Ratio is 1.60, with its dividend yield at 3.79%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.27, which is expected to increase to $0.04 for fiscal year -$0.83 and then to about -$0.66 by fiscal year 2025. Data indicates that the EPS growth is expected to be -730.00% in 2025, while the next year’s EPS growth is forecast to be 20.50%.

Analysts have estimated the company’s revenue for the quarter at $1.16 billion, with a low estimate of $1.14 billion and a high estimate of $1.2 billion. According to the average forecast, sales growth in current quarter could jump up 11.30%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $4.78 billion, representing an increase of 6.30% from the revenues reported in the last year’s results.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that VTR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 50% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VTR currently trading nearly -2.75% and -7.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.97, while the 7-day volatility ratio is showing 1.91% which for the 30-day chart, stands at 2.38%. Furthermore, Ventas Inc (VTR)’s beta value is 1.27, and its average true range (ATR) is 1.02.

A comparison of Ventas Inc (VTR) with its peers suggests the former has fared considerably weaker in the market. VTR showed an intraday change of -0.63% in today’s session so far, and over the past year, it shrunk by -7.90%%.

Data on historical trading for Ventas Inc (NYSE:VTR) indicates that the trading volumes over the past 10 days have averaged 2.38 million and over the past 3 months, they’ve averaged 2.39 million. According to company’s latest data on outstanding shares, there are 402.10 million shares outstanding.

Nearly 0.51% of Ventas Inc’s shares belong to company insiders and institutional investors own 96.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.57 million shares as on Feb 29, 2024, resulting in a short ratio of 2.4. According to the data, the short interest in Ventas Inc (VTR) stood at 1.63% of shares outstanding as of Feb 29, 2024; the number of short shares registered in Jan 31, 2024 reached 8.69 million. The stock has fallen by -15.09% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VTR stock heading into the next quarter.

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