Highwoods Properties Inc. (NYSE:HIW) went up by 3.55% from its latest closing price compared to the recent 1-year high of $52.76. The company’s stock price has collected 1.71% of gains in the last five trading sessions. Press Release reported on 11/16/20 that Highwoods Elects David Gadis to Board of Directors
Is It Worth Investing in Highwoods Properties Inc. (NYSE :HIW) Right Now?
Highwoods Properties Inc. (NYSE:HIW) scored a price-to-earnings ratio above its average ratio, recording 13.01 x from its present earnings ratio. Plus, the 36-month beta value for HIW is at 1.14. Opinions of the stock are interesting as 6 analysts out of 12 who provided ratings for Highwoods Properties Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $43.09, which is $3.19 above the current price. HIW currently public float of 102.62M and currently shorts hold a 1.73% ratio of that float. Today, the average trading volume of HIW was 994.29K shares.
HIW’s Market Performance
HIW stocks went up by 1.71% for the week, with a monthly jump of 0.18% and a quarterly performance of 13.56%, while its annual performance rate touched -20.40%. The volatility ratio for the week stands at 2.60% while the volatility levels for the past 30 days are set at 2.72% for Highwoods Properties Inc.. The simple moving average for the period of the last 20 days is 1.21% for HIW stocks with a simple moving average of 7.11% for the last 200 days.
Analysts’ Opinion of HIW
Many brokerage firms have already submitted their reports for HIW stocks, with Robert W. Baird repeating the rating for HIW by listing it as a “Neutral.” The predicted price for HIW in the upcoming period, according to Robert W. Baird is $40 based on the research report published on January 07th of the current year 2021.
Morgan Stanley, on the other hand, stated in their research note that they expect to see HIW reach a price target of $44, previously predicting the price at $40. The rating they have provided for HIW stocks is “Overweight” according to the report published on June 25th, 2020.
Mizuho gave a rating of “Buy” to HIW, setting the target price at $45 in the report published on April 28th of the previous year.
HIW Trading at 5.13% from the 50-Day Moving Average
After a stumble in the market that brought HIW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.40% of loss for the given period.
Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares surge +0.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.21% upper at present.
During the last 5 trading sessions, HIW rose by +1.71%, which changed the moving average for the period of 200-days by +11.63% in comparison to the 20-day moving average, which settled at $38.89. In addition, Highwoods Properties Inc. saw -0.68% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at HIW starting from Anderson Thomas P, who purchase 3,000 shares at the price of $32.69 back on Sep 24. After this action, Anderson Thomas P now owns 4,852 shares of Highwoods Properties Inc., valued at $98,070 using the latest closing price.
Evans Carlos E, the Director of Highwoods Properties Inc., purchase 10,000 shares at $33.70 during a trade that took place back on Sep 22, which means that Evans Carlos E is holding 34,976 shares at $337,000 based on the most recent closing price.
Stock Fundamentals for HIW
Current profitability levels for the company are sitting at:
- +16.26 for the present operating margin
- +33.30 for the gross margin
The net margin for Highwoods Properties Inc. stands at +18.38. The total capital return value is set at 2.59, while invested capital returns managed to touch 3.02. Equity return is now at value 14.30, with 6.30 for asset returns.
Based on Highwoods Properties Inc. (HIW), the company’s capital structure generated 119.82 points at debt to equity in total, while total debt to capital is 54.51. Total debt to assets is 50.19, with long-term debt to equity ratio resting at 121.44. Finally, the long-term debt to capital ratio is 54.50.
When we switch over and look at the enterprise to sales, we see a ratio of 10.68, with the company’s debt to enterprise value settled at 0.32. The receivables turnover for the company is 2.92 and the total asset turnover is 0.15.