The stock price of Douglas Emmett Inc (NYSE: DEI) has jumped by 1.41 compared to previous close of 18.49. Despite this, the company has seen a gain of 3.65% in its stock price over the last five trading days. businesswire.com reported 2024-11-13 that PALO ALTO, Calif.–(BUSINESS WIRE)– #DEI–The Japanese Women’s Initiative in the Bay Area (JWIBA) has unveiled insightful DEI survey results & observations completed over the past few months.
Is It Worth Investing in Douglas Emmett Inc (NYSE: DEI) Right Now?
The 36-month beta value for DEI is at 1.12. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 11 as “hold,” and 2 as “sell.”
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The public float for DEI is 160.81M, and currently, shorts hold a 11.79% of that float. The average trading volume for DEI on November 21, 2024 was 1.54M shares.
DEI’s Market Performance
DEI’s stock has seen a 3.65% increase for the week, with a 1.79% rise in the past month and a 23.93% gain in the past quarter. The volatility ratio for the week is 2.75%, and the volatility levels for the past 30 days are at 3.21% for Douglas Emmett Inc. The simple moving average for the past 20 days is 1.91% for DEI’s stock, with a 24.92% simple moving average for the past 200 days.
Analysts’ Opinion of DEI
Many brokerage firms have already submitted their reports for DEI stocks, with Scotiabank repeating the rating for DEI by listing it as a “Sector Outperform.” The predicted price for DEI in the upcoming period, according to Scotiabank is $21 based on the research report published on November 14, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see DEI reach a price target of $15, previously predicting the price at $10. The rating they have provided for DEI stocks is “Hold” according to the report published on January 02nd, 2024.
Wedbush gave a rating of “Neutral” to DEI, setting the target price at $13 in the report published on October 03rd of the previous year.
DEI Trading at 4.43% from the 50-Day Moving Average
After a stumble in the market that brought DEI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.29% of loss for the given period.
Volatility was left at 3.21%, however, over the last 30 days, the volatility rate increased by 2.75%, as shares surge +2.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.07% upper at present.
During the last 5 trading sessions, DEI rose by +3.65%, which changed the moving average for the period of 200-days by +47.29% in comparison to the 20-day moving average, which settled at $18.40. In addition, Douglas Emmett Inc saw 29.31% 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 DEI starting from SIMON WILLIAM E JR, who purchase 45,000 shares at the price of $13.15 back on Jun 10 ’24. After this action, SIMON WILLIAM E JR now owns 45,000 shares of Douglas Emmett Inc, valued at $591,800 using the latest closing price.
SIMON WILLIAM E JR, the Director of Douglas Emmett Inc, sale 91,000 shares at $13.95 during a trade that took place back on Dec 06 ’23, which means that SIMON WILLIAM E JR is holding 0 shares at $1,269,141 based on the most recent closing price.
Stock Fundamentals for DEI
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.29 for the gross margin
The net margin for Douglas Emmett Inc stands at -0.02. The total capital return value is set at 0.04. Equity return is now at value -0.79, with -0.18 for asset returns.
Based on Douglas Emmett Inc (DEI), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 2.65. The interest coverage ratio of the stock is 0.54.
Currently, EBITDA for the company is 609.62 million with net debt to EBITDA at 9.03. When we switch over and look at the enterprise to sales, we see a ratio of 8.54. The receivables turnover for the company is 8.15for trailing twelve months and the total asset turnover is 0.1.
Conclusion
In conclusion, Douglas Emmett Inc (DEI) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
