The stock of Equity Residential Properties Trust (EQR) has seen a 3.53% increase in the past week, with a -2.42% drop in the past month, and a -11.28% decrease in the past quarter. The volatility ratio for the week is 2.57%, and the volatility levels for the past 30 days are at 2.47% for EQR. The simple moving average for the last 20 days is 1.89% for EQR stock, with a simple moving average of -9.47% for the last 200 days.
Is It Worth Investing in Equity Residential Properties Trust (NYSE: EQR) Right Now?
Equity Residential Properties Trust (NYSE: EQR) has a price-to-earnings ratio that is above its average at 31.23x. and a 36-month beta value of 0.85. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 1 as “overweight,” 13 as “hold,” and 0 as “sell.”
The average price predicted for Equity Residential Properties Trust (EQR) by analysts is $64.44, which is $8.35 above the current market price. The public float for EQR is 372.66M, and at present, short sellers hold a 1.48% of that float. On November 21, 2023, the average trading volume of EQR was 1.79M shares.
EQR) stock’s latest price update
Equity Residential Properties Trust (NYSE: EQR) has seen a rise in its stock price by 1.19 in relation to its previous close of 55.43. However, the company has experienced a 3.53% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-13 that Equity Residential is a REIT that acquires, develops, and manages residential properties all over the country. The company has seen high resident retention, low turnover, and decent financial performance, with a 29-year history of dividend payments. Although the dividend yield may be unattractive, the discount to NAV presents an opportunity right now.
Analysts’ Opinion of EQR
Many brokerage firms have already submitted their reports for EQR stocks, with Wedbush repeating the rating for EQR by listing it as a “Neutral.” The predicted price for EQR in the upcoming period, according to Wedbush is $62 based on the research report published on October 03, 2023 of the current year 2023.
EQR Trading at -3.43% 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 -19.24% of loss for the given period.
Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.57%, as shares sank -0.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.37% lower at present.
During the last 5 trading sessions, EQR rose by +3.53%, which changed the moving average for the period of 200-days by -13.35% in comparison to the 20-day moving average, which settled at $55.04. In addition, Equity Residential Properties Trust saw -4.93% 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 EQR starting from NEITHERCUT DAVID J, who sale 25,000 shares at the price of $56.51 back on Nov 14. After this action, NEITHERCUT DAVID J now owns 0 shares of Equity Residential Properties Trust, valued at $1,412,666 using the latest closing price.
NEITHERCUT DAVID J, the Chairman of the Board of Equity Residential Properties Trust, sale 25,000 shares at $54.25 during a trade that took place back on Nov 10, which means that NEITHERCUT DAVID J is holding 0 shares at $1,356,250 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 Properties Trust stands at +28.68. The total capital return value is set at 4.05, while invested capital returns managed to touch 4.18. Equity return is now at value 6.18, with 3.38 for asset returns.
Based on Equity Residential Properties Trust (EQR), the company’s capital structure generated 71.99 points at debt to equity in total, while total debt to capital is 41.86. Total debt to assets is 39.78, with long-term debt to equity ratio resting at 63.26. Finally, the long-term debt to capital ratio is 36.66.
When we switch over and look at the enterprise to sales, we see a ratio of 10.27, with the company’s debt to enterprise value settled at 0.26. The receivables turnover for the company is 155.43 and the total asset turnover is 0.13.
To sum up, Equity Residential Properties Trust (EQR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.