The stock of Equity Residential (EQR) has gone down by -3.05% for the week, with a -1.29% drop in the past month and a -6.60% drop in the past quarter. The volatility ratio for the week is 1.86%, and the volatility levels for the past 30 days are 1.85% for EQR. The simple moving average for the last 20 days is -4.34% for EQR stock, with a simple moving average of -7.40% for the last 200 days.
Is It Worth Investing in Equity Residential (NYSE: EQR) Right Now?
The price-to-earnings ratio for Equity Residential (NYSE: EQR) is above average at 24.36x. The 36-month beta value for EQR is also noteworthy at 0.83. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 0 rating it as “overweight,” 16 rating it as “hold,” and 2 rating it as “sell.”
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The average price estimated by analysts for EQR is $66.43, which is $8.31 above than the current price. The public float for EQR is 371.23M, and at present, short sellers hold a 1.62% of that float. The average trading volume of EQR on May 26, 2023 was 1.73M shares.
EQR) stock’s latest price update
Equity Residential (NYSE: EQR)’s stock price has decreased by -0.27 compared to its previous closing price of 59.63. However, the company has seen a -3.05% decrease in its stock price over the last five trading sessions.
EQR Trading at -1.52% from the 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, the company was unable to rebound, for now settling with -26.48% of loss for the given period.
Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares sank -3.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.83% lower at present.
During the last 5 trading sessions, EQR fell by -3.05%, which changed the moving average for the period of 200-days by -23.22% in comparison to the 20-day moving average, which settled at $62.05. In addition, Equity Residential saw 0.80% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EQR starting from SHAPIRO MARK S, who sale 42,435 shares at the price of $61.91 back on May 04. After this action, SHAPIRO MARK S now owns 12,497 shares of Equity Residential, valued at $2,627,080 using the latest closing price.
HABEN MARY KAY, the Director of Equity Residential, sale 3,354 shares at $66.23 during a trade that took place back on Feb 16, which means that HABEN MARY KAY is holding 6,857 shares at $222,135 based on the most recent closing price.
Stock Fundamentals for EQR
Current profitability levels for the company are sitting at:
- +29.97 for the present operating margin
- +31.60 for the gross margin
The net margin for Equity Residential stands at +28.68. The total capital return value is set at 4.08, while invested capital returns managed to touch 4.21. Equity return is now at value 8.30, with 4.50 for asset returns.
Based on Equity Residential (EQR), the company’s capital structure generated 69.22 points at debt to equity in total, while total debt to capital is 40.91. Total debt to assets is 38.25, with long-term debt to equity ratio resting at 60.49. Finally, the long-term debt to capital ratio is 35.63.
When we switch over and look at the enterprise to sales, we see a ratio of 10.88, with the company’s debt to enterprise value settled at 0.25. The receivables turnover for the company is 155.43 and the total asset turnover is 0.13.
Conclusion
In summary, Equity Residential (EQR) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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.
