Healthpeak Properties Inc. (NYSE: DOC) has a higher price-to-earnings ratio of 32.79x compared to its average ratio. DOC has 36-month beta value of 1.01. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 6 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for DOC is 707.38M, and currently, short sellers hold a 1.52% ratio of that float. The average trading volume of DOC on April 23, 2024 was 7.80M shares.
DOC) stock’s latest price update
The stock of Healthpeak Properties Inc. (NYSE: DOC) has increased by 1.39 when compared to last closing price of 17.98. Despite this, the company has experienced a -0.33% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-22 that While Healthpeak’s (DOC) Q1 earnings are likely to have benefited from the healthy demand for lab real estate assets, high interest expenses raise concern.
DOC’s Market Performance
Healthpeak Properties Inc. (DOC) has seen a -0.33% fall in stock performance for the week, with a 2.30% gain in the past month and a -7.51% plunge in the past quarter. The volatility ratio for the week is 2.24%, and the volatility levels for the past 30 days are at 2.50% for DOC. The simple moving average for the past 20 days is -0.44% for DOC’s stock, with a -2.65% simple moving average for the past 200 days.
Analysts’ Opinion of DOC
BofA Securities, on the other hand, stated in their research note that they expect to see DOC reach a price target of $25, previously predicting the price at $18. The rating they have provided for DOC stocks is “Buy” according to the report published on April 01st, 2024.
Wells Fargo gave a rating of “Equal Weight” to DOC, setting the target price at $19 in the report published on March 25th of the current year.
DOC Trading at 3.50% from the 50-Day Moving Average
After a stumble in the market that brought DOC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.54% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares surge +3.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.33% upper at present.
During the last 5 trading sessions, DOC fell by -0.33%, which changed the moving average for the period of 200-days by -12.02% in comparison to the 20-day moving average, which settled at $18.34. In addition, Healthpeak Properties Inc. saw -7.93% 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 DOC starting from Hall Amy M, who sale 4,001 shares at the price of $12.58 back on Dec 08 ’23. After this action, Hall Amy M now owns 35,824 shares of Healthpeak Properties Inc., valued at $50,333 using the latest closing price.
Becker Laurie P, the SVP – Controller of Healthpeak Properties Inc., sale 22,322 shares at $13.47 during a trade that took place back on Sep 14 ’23, which means that Becker Laurie P is holding 55,776 shares at $300,677 based on the most recent closing price.
Stock Fundamentals for DOC
Current profitability levels for the company are sitting at:
- 0.45 for the present operating margin
- 0.73 for the gross margin
The net margin for Healthpeak Properties Inc. stands at -0.03. The total capital return value is set at 0.02. Equity return is now at value 4.68, with 1.93 for asset returns.
Based on Healthpeak Properties Inc. (DOC), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 1.12. The interest coverage ratio of the stock is 3.02.
Currently, EBITDA for the company is 1.19 billion with net debt to EBITDA at 18.4. When we switch over and look at the enterprise to sales, we see a ratio of 36.62. The receivables turnover for the company is 1.98for trailing twelve months and the total asset turnover is 0.03.
Conclusion
To put it simply, Healthpeak Properties Inc. (DOC) has had a bad performance in recent times. Analysts have a bullish 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.
