The price-to-earnings ratio for Healthpeak Properties Inc. (NYSE: PEAK) is above average at 38.75x. The 36-month beta value for PEAK is also noteworthy at 0.98. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”
The average price estimated by analysts for PEAK is $21.04, which is $4.4 above than the current price. The public float for PEAK is 543.59M, and at present, short sellers hold a 2.23% of that float. The average trading volume of PEAK on November 21, 2023 was 4.84M shares.
PEAK) stock’s latest price update
The stock of Healthpeak Properties Inc. (NYSE: PEAK) has increased by 1.03 when compared to last closing price of 16.47. Despite this, the company has experienced a 6.87% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-11 that One reader asked me to write an article on where to invest $10,000 in REITs right now and keep the share price between $10 and $20. So, here’s my reply, with an article on five REITs trading under $20 per share. The importance of diversification and personal preferences in constructing a stock portfolio is emphasized.
PEAK’s Market Performance
PEAK’s stock has risen by 6.87% in the past week, with a monthly rise of 0.12% and a quarterly drop of -16.09%. The volatility ratio for the week is 3.58% while the volatility levels for the last 30 days are 3.49% for Healthpeak Properties Inc. The simple moving average for the past 20 days is 1.48% for PEAK’s stock, with a -19.12% simple moving average for the past 200 days.
Analysts’ Opinion of PEAK
Many brokerage firms have already submitted their reports for PEAK stocks, with BofA Securities repeating the rating for PEAK by listing it as a “Underperform.” The predicted price for PEAK in the upcoming period, according to BofA Securities is $17.50 based on the research report published on November 13, 2023 of the current year 2023.
PEAK Trading at -5.30% from the 50-Day Moving Average
After a stumble in the market that brought PEAK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.47% of loss for the given period.
Volatility was left at 3.49%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares surge +0.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.79% lower at present.
During the last 5 trading sessions, PEAK rose by +6.87%, which changed the moving average for the period of 200-days by -39.78% in comparison to the 20-day moving average, which settled at $16.40. In addition, Healthpeak Properties Inc. saw -33.63% 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 PEAK starting from Lewis Sara Grootwassink, who purchase 4,000 shares at the price of $21.43 back on Mar 15. After this action, Lewis Sara Grootwassink now owns 4,000 shares of Healthpeak Properties Inc., valued at $85,729 using the latest closing price.
Klaritch Thomas, the COO of Healthpeak Properties Inc., purchase 1,517 shares at $23.21 during a trade that took place back on Mar 07, which means that Klaritch Thomas is holding 344,000 shares at $35,204 based on the most recent closing price.
Stock Fundamentals for PEAK
Current profitability levels for the company are sitting at:
- +16.96 for the present operating margin
- +23.66 for the gross margin
The net margin for Healthpeak Properties Inc. stands at +24.08. The total capital return value is set at 2.51, while invested capital returns managed to touch 3.75. Equity return is now at value 3.70, with 1.53 for asset returns.
Based on Healthpeak Properties Inc. (PEAK), the company’s capital structure generated 103.12 points at debt to equity in total, while total debt to capital is 50.77. Total debt to assets is 43.51, with long-term debt to equity ratio resting at 101.77. Finally, the long-term debt to capital ratio is 50.10.
When we switch over and look at the enterprise to sales, we see a ratio of 7.32, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 4.62 and the total asset turnover is 0.13.
In summary, Healthpeak Properties Inc. (PEAK) has had a mixed 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.