The stock of W. P. Carey Inc (WPC) has seen a 2.66% increase in the past week, with a 3.66% gain in the past month, and a -10.03% decrease in the past quarter. The volatility ratio for the week is 2.38%, and the volatility levels for the past 30 days are at 2.32% for WPC. The simple moving average for the last 20 days is 5.78% for WPC’s stock, with a simple moving average of -16.21% for the last 200 days.
Is It Worth Investing in W. P. Carey Inc (NYSE: WPC) Right Now?
W. P. Carey Inc (NYSE: WPC) has a higher price-to-earnings ratio of 15.48x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.86. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 1 as “sell.”
The average price point forecasted by analysts for W. P. Carey Inc (WPC) is $59.10, which is $2.8 above the current market price. The public float for WPC is 216.11M, and currently, short sellers hold a 1.30% ratio of that float. The average trading volume of WPC on November 16, 2023 was 1.57M shares.
WPC) stock’s latest price update
W. P. Carey Inc (NYSE: WPC)’s stock price has soared by 2.16 in relation to previous closing price of 55.11. Nevertheless, the company has seen a gain of 2.66% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-15 that W. P. Carey Inc. is a REIT with a market capitalization of $12 billion and a diversified portfolio of 1,472 net lease properties comprising ~179 million square feet. Compared to other peers, WPC’s total return got really obliterated YTD, already falling by more than -28%. Should investors buy the dip? Read on. I think WPC’s actions to divest office assets seem justified, albeit too radical, which has had a big impact on shareholder value in recent months.
WPC Trading at 1.98% from the 50-Day Moving Average
After a stumble in the market that brought WPC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.08% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares surge +4.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.02% lower at present.
During the last 5 trading sessions, WPC rose by +2.66%, which changed the moving average for the period of 200-days by -34.18% in comparison to the 20-day moving average, which settled at $53.96. In addition, W. P. Carey Inc saw -26.41% 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 WPC starting from ALEXANDER MARK A, who purchase 1,000 shares at the price of $72.48 back on May 02. After this action, ALEXANDER MARK A now owns 26,118 shares of W. P. Carey Inc, valued at $72,479 using the latest closing price.
Zander Brian H, the Chief Accounting Officer of W. P. Carey Inc, sale 200 shares at $84.14 during a trade that took place back on Feb 17, which means that Zander Brian H is holding 4,266 shares at $16,812 based on the most recent closing price.
Stock Fundamentals for WPC
Current profitability levels for the company are sitting at:
- +53.22 for the present operating margin
- +55.56 for the gross margin
The net margin for W. P. Carey Inc stands at +40.51. The total capital return value is set at 4.93, while invested capital returns managed to touch 3.82. Equity return is now at value 8.63, with 4.25 for asset returns.
Based on W. P. Carey Inc (WPC), the company’s capital structure generated 91.27 points at debt to equity in total, while total debt to capital is 47.72. Total debt to assets is 45.35, with long-term debt to equity ratio resting at 86.19. Finally, the long-term debt to capital ratio is 45.06.
When we switch over and look at the enterprise to sales, we see a ratio of 11.60, with the company’s debt to enterprise value settled at 0.35. The receivables turnover for the company is 1,077.66 and the total asset turnover is 0.09.
Conclusion
To put it simply, W. P. Carey Inc (WPC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
