Healthcare Realty Trust Inc (NYSE: HR) has experienced a decline in its stock price by -1.56 compared to its previous closing price of 14.11. However, the company has seen a fall of -1.70% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-15 that We look to extract more value from the price we pay. It allows us to generate strong income and achieve growing total returns. We discuss two picks to enjoy up to 8% yields.
Is It Worth Investing in Healthcare Realty Trust Inc (NYSE: HR) Right Now?
The 36-month beta value for HR is also noteworthy at 0.77. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 rating it as “hold,” and 2 rating it as “sell.”
The public float for HR is 379.01M, and at present, short sellers hold a 2.40% of that float. The average trading volume of HR on April 16, 2024 was 3.36M shares.
HR’s Market Performance
HR stock saw an increase of -1.70% in the past week, with a monthly gain of 7.34% and a quarterly increase of -20.72%. The volatility ratio for the week is 2.53%, and the volatility levels for the last 30 days are 2.37% for Healthcare Realty Trust Inc (HR). The simple moving average for the last 20 days is 0.92% for HR’s stock, with a simple moving average of -13.11% for the last 200 days.
Analysts’ Opinion of HR
Many brokerage firms have already submitted their reports for HR stocks, with Wedbush repeating the rating for HR by listing it as a “Neutral.” The predicted price for HR in the upcoming period, according to Wedbush is $15 based on the research report published on February 20, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see HR reach a price target of $15, previously predicting the price at $19. The rating they have provided for HR stocks is “Hold” according to the report published on February 20th, 2024.
Deutsche Bank gave a rating of “Hold” to HR, setting the target price at $18 in the report published on January 30th of the current year.
HR Trading at -1.67% from the 50-Day Moving Average
After a stumble in the market that brought HR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.64% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares surge +5.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.17% lower at present.
During the last 5 trading sessions, HR fell by -1.70%, which changed the moving average for the period of 200-days by -24.84% in comparison to the 20-day moving average, which settled at $13.80. In addition, Healthcare Realty Trust Inc saw -19.38% 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 HR starting from Hull Robert E, who sale 25,394 shares at the price of $17.01 back on Dec 19 ’23. After this action, Hull Robert E now owns 169,257 shares of Healthcare Realty Trust Inc, valued at $431,952 using the latest closing price.
Wilson Julie F., the EVP – Operations of Healthcare Realty Trust Inc, sale 4,100 shares at $17.30 during a trade that took place back on Dec 15 ’23, which means that Wilson Julie F. is holding 116,233 shares at $70,930 based on the most recent closing price.
Stock Fundamentals for HR
Current profitability levels for the company are sitting at:
- 0.35 for the present operating margin
- 0.49 for the gross margin
The net margin for Healthcare Realty Trust Inc stands at -0.23. The total capital return value is set at 0.04. Equity return is now at value -3.91, with -2.13 for asset returns.
Based on Healthcare Realty Trust Inc (HR), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 1.81.
Currently, EBITDA for the company is 780.51 million with net debt to EBITDA at 6.56. When we switch over and look at the enterprise to sales, we see a ratio of 7.86. The receivables turnover for the company is 3.8for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In summary, Healthcare Realty Trust Inc (HR) has had a bad performance as of late. Analysts have mixed 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.
