Equity Residential (NYSE:EQR) went up by 0.67% from its latest closing price when compared to the 1-year high value of $89.55 and move down -65.99%, while EQR stocks collected -1.60% of loss with the last five trading sessions. Press Release reported on 07/28/20 that Equity Residential Reports Second Quarter 2020 Results
Equity Residential (NYSE:EQR) Worth an Investment?
Equity Residential (NYSE: EQR) scored price to earnings ratio above its average ratio, recording 17.17 times of increase in earnings at the present.
EQR Market Performance
EQR stocks went down by -1.60% for the week, with the monthly drop of -8.28% and a quarterly performance of -17.08%, while its annual performance rate touched -31.61%. The simple moving average for the period of the last 20 days is -4.65% for EQR stocks with the simple moving average of -25.53% for the last 200 days.
Analysts’ Opinion on Equity Residential (NYSE:EQR)
Many brokerage firms have already submitted their reports for EQR stocks, with Scotiabank repeating the rating for EQR shares by setting it to “Sector Underperform”. The predicted price for EQR socks in the upcoming period according to Scotiabank is $55 based on the research report published on June 29, 2020.
BofA/Merrill, on the other hand, stated in their research note that they expect to see EQR stock at the price of $55. The rating they have provided for EQR stocks is “Neutral” according to the report published on May 18, 2020.
Evercore ISI gave “ In-line” rating to EQR stocks, setting the target price at $68 in the report published on May 11, 2020.
EQR Stocks -8.86% Far from 50 Day Moving Average
After a stumble in the market that brought EQR to its low price for the period of the last 52 weeks, Equity Residential was unable to take a rebound, for now settling with -39.75% of loss for the given period.
The stock volatility was left at 2.72%, however, within the period of a single month, the volatility rate increased by 3.01%, while the shares sank at the distance of -11.31% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -6.53% lower at the present time.
In the course of the last 5 trading sessions, EQR went down by -1.60%, which changed the moving average for the period of 200 days to the total of -38.40% of losses for the stock in comparison to the 20-day moving average settled at $56.24. In addition, Equity Residential saw -33.33% in overturn over the period of a single year with a tendency to cut further losses.
EQR Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Equity Residential (EQR), starting from NEITHERCUT DAVID J, who sold 29,640 shares at the price of $85.66 back on Feb 19. After this action, Rushing now owns 2,874 shares of Equity Residential, valued at $2,538,962 with the latest closing price.
Parrell Mark J., the President & CEO of Equity Residential, sold 50,000 shares at the value of $85.42 during a trade that took place back on Feb 19, which means that Parrell Mark J. is holding 20,397 shares at the value of $4,271,000 based on the most recent closing price.
EQR Stock Fundamentals
The current profitability levels are settled at +18.93 for the present operating margin and +34.66 for gross margin. The net margin for Equity Residential stands at +36.13. Total capital return value is set at 2.54, while invested capital returns managed to touch 5.28. Equity return holds the value 11.40%, with 5.60% for asset returns.
Based on Equity Residential (EQR), the company’s capital structure generated 90.82 points for debt to equity in total, while total debt to capital is set at the value of 47.59. Total debt to assets is settled at the value of 44.25 with long-term debt to equity ratio rests at 2.29 and long-term debt to capital is 81.15.