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Douglas Emmett Inc. (DEI) Stock: A Study of the Market Performance

The stock of Douglas Emmett Inc. (DEI) has seen a -10.94% decrease in the past week, with a -25.75% drop in the past month, and a -26.53% decrease in the past quarter. The volatility ratio for the week is 6.77%, and the volatility levels for the past 30 days are at 4.01% for DEI. The simple moving average for the last 20 days is -15.85% for DEI stock, with a simple moving average of -36.43% for the last 200 days.

Is It Worth Investing in Douglas Emmett Inc. (NYSE: DEI) Right Now?

Douglas Emmett Inc. (NYSE: DEI) has a higher price-to-earnings ratio of 21.68x compared to its average ratio,, and the 36-month beta value for DEI is at 0.98. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 9 as “hold,” and 2 as “sell.”

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The average price suggested by analysts for DEI is $16.35, which is $4.66 above the current market price. The public float for DEI is 168.28M, and currently, shorts hold a 5.21% of that float. The average trading volume for DEI on March 17, 2023 was 1.97M shares.

DEI) stock’s latest price update

Douglas Emmett Inc. (NYSE: DEI)’s stock price has decreased by -3.88 compared to its previous closing price of 12.36. However, the company has seen a fall of -10.94% in its stock price over the last five trading days.

Analysts’ Opinion of DEI

The stock of Douglas Emmett Inc. (DEI) has seen a -10.94% decrease in the past week, with a -25.75% drop in the past month, and a -26.53% decrease in the past quarter. The volatility ratio for the week is 6.77%, and the volatility levels for the past 30 days are at 4.01% for DEI. The simple moving average for the last 20 days is -15.85% for DEI stock, with a simple moving average of -36.43% for the last 200 days.

Analysts’ Opinion of DEI

Many brokerage firms have already submitted their reports for DEI stocks, with BMO Capital Markets repeating the rating for DEI by listing it as a “Underperform.” The predicted price for DEI in the upcoming period, according to BMO Capital Markets is $13 based on the research report published on March 03rd of the current year 2023.

Credit Suisse, on the other hand, stated in their research note that they expect to see DEI reach a price target of $16. The rating they have provided for DEI stocks is “Neutral” according to the report published on January 09th, 2023.

Jefferies gave a rating of “Underperform” to DEI, setting the target price at $13 in the report published on January 03rd of the current year.

DEI Trading at -21.75% from the 50-Day Moving Average

After a stumble in the market that brought DEI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.76% of loss for the given period.

Volatility was left at 4.01%, however, over the last 30 days, the volatility rate increased by 6.77%, as shares sank -26.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.94% lower at present.

During the last 5 trading sessions, DEI fell by -10.94%, which changed the moving average for the period of 200-days by -58.42% in comparison to the 20-day moving average, which settled at $13.91. In addition, Douglas Emmett Inc. saw -24.23% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DEI starting from SIMON WILLIAM E JR, who purchase 13,200 shares at the price of $18.73 back on Sep 28. After this action, SIMON WILLIAM E JR now owns 81,000 shares of Douglas Emmett Inc., valued at $247,236 using the latest closing price.

Wang Shirley, the Director of Douglas Emmett Inc., purchase 284,000 shares at $21.17 during a trade that took place back on Sep 08, which means that Wang Shirley is holding 284,000 shares at $6,012,280 based on the most recent closing price.

Stock Fundamentals for DEI

Current profitability levels for the company are sitting at:

  • +24.32 for the present operating margin
  • +28.89 for the gross margin

The net margin for Douglas Emmett Inc. stands at +9.68. Equity return is now at value 3.80, with 1.00 for asset returns.

Conclusion

In conclusion, Douglas Emmett Inc. (DEI) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.