The stock of Healthpeak Properties Inc. (DOC) has gone up by 4.56% for the week, with a 2.68% rise in the past month and a -3.19% drop in the past quarter. The volatility ratio for the week is 2.84%, and the volatility levels for the past 30 days are 2.67% for DOC.. The simple moving average for the past 20 days is 1.92% for DOC’s stock, with a 0.64% simple moving average for the past 200 days.
Is It Worth Investing in Healthpeak Properties Inc. (NYSE: DOC) Right Now?
The price-to-earnings ratio for Healthpeak Properties Inc. (NYSE: DOC) is above average at 53.45x. The 36-month beta value for DOC is also noteworthy at 1.01. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 6 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for DOC is 707.38M, and at present, short sellers hold a 1.50% of that float. The average trading volume of DOC on April 29, 2024 was 7.88M shares.
DOC) stock’s latest price update
Healthpeak Properties Inc. (NYSE: DOC) has experienced a rise in its stock price by 2.51 compared to its previous closing price of 18.34. However, the company has seen a gain of 4.56% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-28 that U.S. equity markets rebounded from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to earnings season counteracted disappointing economic data. Ahead of the Fed’s policy meeting in the week ahead, markets were confounded – albeit temporarily – by a “jarring” GDP report that showed a return of “stagflationary” trends. Defying the macro headwinds to post its best week since November, the S&P 500 rallied 2.8% on the week – erasing essentially all of its declines in the prior week.
Analysts’ Opinion of DOC
Many brokerage firms have already submitted their reports for DOC stocks, with Exane BNP Paribas repeating the rating for DOC by listing it as a “Outperform.” The predicted price for DOC in the upcoming period, according to Exane BNP Paribas is $21 based on the research report published on April 26, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see DOC reach a price target of $22. The rating they have provided for DOC stocks is “Buy” according to the report published on April 22nd, 2024.
BofA Securities gave a rating of “Buy” to DOC, setting the target price at $25 in the report published on April 01st of the current year.
DOC Trading at 6.26% 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 -16.00% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares surge +0.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.51% upper at present.
During the last 5 trading sessions, DOC rose by +4.56%, which changed the moving average for the period of 200-days by -10.35% in comparison to the 20-day moving average, which settled at $18.45. In addition, Healthpeak Properties Inc. saw -5.05% 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:
- 0.32 for the present operating margin
- 0.45 for the gross margin
The net margin for Healthpeak Properties Inc. stands at 0.04. The total capital return value is set at 0.02. Equity return is now at value 2.49, with 1.07 for asset returns.
Based on Healthpeak Properties Inc. (DOC), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.99. The interest coverage ratio of the stock is 2.64.
Currently, EBITDA for the company is 1.19 billion with net debt to EBITDA at 14.54. When we switch over and look at the enterprise to sales, we see a ratio of 22.14. The receivables turnover for the company is 3.02for trailing twelve months and the total asset turnover is 0.05.
Conclusion
In summary, Healthpeak Properties Inc. (DOC) 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.
