Healthcare Realty Trust Inc (HR) Stock: Understanding the Volatility

In the past week, HR stock has gone down by -2.47%, with a monthly gain of 4.36% and a quarterly surge of 11.26%. The volatility ratio for the week is 2.33%, and the volatility levels for the last 30 days are 2.01% for Healthcare Realty Trust Inc. The simple moving average for the past 20 days is 0.82% for HR’s stock, with a 13.28% simple moving average for the past 200 days.

Is It Worth Investing in Healthcare Realty Trust Inc (NYSE: HR) Right Now?

Moreover, the 36-month beta value for HR is 0.88. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 2 as “sell.”

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The public float for HR is 360.24M and currently, short sellers hold a 4.26% of that float. On September 24, 2024, HR’s average trading volume was 3.77M shares.

HR) stock’s latest price update

Healthcare Realty Trust Inc (NYSE: HR)’s stock price has soared by 1.34 in relation to previous closing price of 17.94. Nevertheless, the company has seen a loss of -2.47% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-22 that U.S. equity and bond markets exhibited a surprisingly muted response to the Federal Reserve’s decision to cut interest rates by 50 basis points, a distinctly dovish pivot following its aggressive tightening cycle. Longer-term benchmark rates actually climbed modestly after the decision in a “curve steepening” trade, reflecting concern that the Fed’s dovish tack could revive some inflationary pressures. Led by “pro-cyclical” market segments, the S&P 500 posted gains of 1.1% this week, breaching fresh record highs on Thursday before paring post-Fed gains late in the week.

Analysts’ Opinion of HR

Many brokerage firms have already submitted their reports for HR stocks, with Wells Fargo repeating the rating for HR by listing it as a “Underweight.” The predicted price for HR in the upcoming period, according to Wells Fargo is $16 based on the research report published on July 30, 2024 of the current year 2024.

Wedbush, 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 “Neutral” according to the report published on February 20th, 2024.

Stifel gave a rating of “Hold” to HR, setting the target price at $15 in the report published on February 20th of the current year.

HR Trading at 2.07% 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 -3.81% of loss for the given period.

Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 2.33%, as shares surge +3.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.71% upper at present.

During the last 5 trading sessions, HR fell by -2.47%, which changed the moving average for the period of 200-days by +15.94% in comparison to the 20-day moving average, which settled at $18.06. In addition, Healthcare Realty Trust Inc saw 5.51% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at HR starting from SINGLETON JOHN KNOX, who purchase 6,500 shares at the price of $18.24 back on Sep 05 ’24. After this action, SINGLETON JOHN KNOX now owns 57,082 shares of Healthcare Realty Trust Inc, valued at $118,564 using the latest closing price.

Kilroy James Joseph IV, the Director of Healthcare Realty Trust Inc, purchase 12,900 shares at $18.26 during a trade that took place back on Sep 05 ’24, which means that Kilroy James Joseph IV is holding 25,300 shares at $235,554 based on the most recent closing price.

Stock Fundamentals for HR

Current profitability levels for the company are sitting at:

  • 0.32 for the present operating margin
  • 0.36 for the gross margin

The net margin for Healthcare Realty Trust Inc stands at -0.43. The total capital return value is set at 0.04. Equity return is now at value -8.70, with -4.51 for asset returns.

Based on Healthcare Realty Trust Inc (HR), the company’s capital structure generated 0.47 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 0.87. The interest coverage ratio of the stock is 1.7.

Currently, EBITDA for the company is 780.51 million with net debt to EBITDA at 6.9. When we switch over and look at the enterprise to sales, we see a ratio of 9.13.

Conclusion

To wrap up, the performance of Healthcare Realty Trust Inc (HR) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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