The price-to-earnings ratio for Healthpeak Properties Inc. (NYSE: DOC) is 53.94x, which is above its average ratio. Moreover, the 36-month beta value for DOC is 1.08. Analysts have varying opinions 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 701.61M and currently, short sellers hold a 1.51% of that float. On May 07, 2024, DOC’s average trading volume was 7.83M shares.
DOC) stock’s latest price update
The stock price of Healthpeak Properties Inc. (NYSE: DOC) has dropped by 0.00 compared to previous close of 18.97. Despite this, the company has seen a gain of 0.16% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-04 that The aging Baby Boomer generation presents a significant opportunity for investors due to its large size and increasing healthcare needs. Businesses are targeting the Baby Boomer market to capitalize on their specific characteristics and preferences. Real estate investment trusts that specialize in healthcare properties are a potential investment opportunity to benefit from the silver tsunami trend.
DOC’s Market Performance
Healthpeak Properties Inc. (DOC) has seen a 0.16% rise in stock performance for the week, with a 1.83% gain in the past month and a 6.51% surge in the past quarter. The volatility ratio for the week is 2.60%, and the volatility levels for the past 30 days are at 2.56% for DOC. The simple moving average for the last 20 days is 2.16% for DOC’s stock, with a simple moving average of 1.93% for the last 200 days.
Analysts’ Opinion of DOC
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see DOC reach a price target of $21, previously predicting the price at $19. The rating they have provided for DOC stocks is “Outperform” according to the report published on April 26th, 2024.
Mizuho gave a rating of “Buy” to DOC, setting the target price at $22 in the report published on April 22nd of the current year.
DOC Trading at 5.86% 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 -15.24% of loss for the given period.
Volatility was left at 2.56%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares sank -0.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.07% upper at present.
During the last 5 trading sessions, DOC rose by +0.16%, which changed the moving average for the period of 200-days by -12.38% in comparison to the 20-day moving average, which settled at $18.57. In addition, Healthpeak Properties Inc. saw -4.19% 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 0.06. 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 22.15. The receivables turnover for the company is 3.02for trailing twelve months and the total asset turnover is 0.05.
Conclusion
To wrap up, the performance of Healthpeak Properties Inc. (DOC) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
