If You Don’t Buy Healthpeak Properties Inc. (NYSE: DOC) Now, You’ll Regret It Later

CWH

The trading price of Healthpeak Properties Inc. (NYSE:DOC) floating lower at last check on Wednesday, April 24, closing at $18.44, -0.05% lower than its previous close.

The company’s P/E ratio in the trailing 12-month period was 33.17. In examining the 52-week price action we see that the stock hit a 52-week high of $22.38 and a 52-week low of $15.24. Over the past month, the stock has gained 5.13% in value.

Healthpeak Properties Inc., whose market valuation is $13.08 billion at the time of this writing. The dividend yield on the company stock is 6.51%, while its Forward Dividend ratio is 1.20. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.07 per share this quarter, however they have predicted annual earnings per share of 0.4 for current year and 0.57 for next year.

Analysts have forecast the company to bring in revenue of 588.28M for the current quarter, with the likely lows of 545.4M and highs of 627.1M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 2.67B.

On the technical side, indicators suggest DOC has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently Hold.

A quick review shows that DOC’s price is currently 0.27% off the SMA20 and 4.53% off the SMA50. The RSI metric on the 14-day chart is currently showing 54.70, and weekly volatility stands at 2.16%. When measured over the past 30 days, the indicator reaches 2.50%. Healthpeak Properties Inc. (NYSE:DOC)’s beta value is currently sitting at 1.01, while the Average True Range indicator is currently displaying 0.46.

To see how Healthpeak Properties Inc. stock has been performing today in comparison to its peers in the industry, here are the numbers: DOC stock’s performance was -0.05% at last check in today’s session, and -13.02% in the past year. Healthpeak Properties Inc. has a P/E ratio of 33.17.

An evaluation of the daily trading volume of Healthpeak Properties Inc. (NYSE:DOC) indicates that the 3-month average is 7.83 million.

Currently, records show that 709.58 million of the company’s shares remain outstanding. The insiders hold 0.31% of outstanding shares, whereas institutions hold 74.60%. However, since the stock’s price has seen -6.87% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

Most Popular