W. P. Carey Inc (WPC) Shares Rise Despite Market Challenges

The stock of W. P. Carey Inc (NYSE: WPC) has increased by 0.47 when compared to last closing price of 54.85. Despite this, the company has experienced a 0.16% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-07-10 that Infrastructure stocks have seen significant pullbacks recently. However, I am buying them hand-over-fist right now. I share why I am so bullish on infrastructure even though the market isn’t.

Is It Worth Investing in W. P. Carey Inc (NYSE: WPC) Right Now?

The price-to-earnings ratio for W. P. Carey Inc (NYSE: WPC) is above average at 20.92x. The 36-month beta value for WPC is also noteworthy at 0.95. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”

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The public float for WPC is 216.10M, and at present, short sellers hold a 2.36% of that float. The average trading volume of WPC on July 11, 2024 was 1.23M shares.

WPC’s Market Performance

WPC’s stock has seen a 0.16% increase for the week, with a -1.96% drop in the past month and a -4.59% fall in the past quarter. The volatility ratio for the week is 1.12%, and the volatility levels for the past 30 days are at 1.49% for W. P. Carey Inc The simple moving average for the past 20 days is -0.44% for WPC’s stock, with a -4.50% simple moving average for the past 200 days.

Analysts’ Opinion of WPC

Many brokerage firms have already submitted their reports for WPC stocks, with UBS repeating the rating for WPC by listing it as a “Neutral.” The predicted price for WPC in the upcoming period, according to UBS is $57 based on the research report published on May 31, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see WPC reach a price target of $40. The rating they have provided for WPC stocks is “Equal Weight” according to the report published on March 27th, 2024.

WPC Trading at -2.54% from the 50-Day Moving Average

After a stumble in the market that brought WPC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.93% of loss for the given period.

Volatility was left at 1.49%, however, over the last 30 days, the volatility rate increased by 1.12%, as shares sank -1.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.15% upper at present.

During the last 5 trading sessions, WPC rose by +0.16%, which changed the moving average for the period of 200-days by -6.34% in comparison to the 20-day moving average, which settled at $55.31. In addition, W. P. Carey Inc saw -14.97% 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 WPC starting from Zander Brian H, who sale 200 shares at the price of $65.26 back on Dec 14 ’23. After this action, Zander Brian H now owns 4,224 shares of W. P. Carey Inc, valued at $13,052 using the latest closing price.

Stock Fundamentals for WPC

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.72 for the gross margin

The net margin for W. P. Carey Inc stands at 0.35. The total capital return value is set at 0.01. Equity return is now at value 6.38, with 3.15 for asset returns.

Based on W. P. Carey Inc (WPC), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is -40.31.

Currently, EBITDA for the company is 946.64 million with net debt to EBITDA at 6.86. When we switch over and look at the enterprise to sales, we see a ratio of 11.74. The receivables turnover for the company is 1340.88for trailing twelve months and the total asset turnover is 0.09.

Conclusion

In summary, W. P. Carey Inc (WPC) 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.

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