Douglas Emmett Inc (DEI) Shares Soar Above 1-Year High

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Douglas Emmett Inc (NYSE: DEI)’s stock price has plunge by 2.23relation to previous closing price of 18.41. Nevertheless, the company has seen a -7.38% plunge in its stock price over the last five trading sessions. proactiveinvestors.co.uk reported 2024-12-16 that UK investors could soon be given the opportunity to test the culture warriors’ latest rallying cry of ‘go woke go broke’. James Fishback (he/him), a hedge fund manager and acquaintance of president-elect Donald Trump, is reportedly interested in opening up his ‘anti-woke’ Azoria Meritocracy investment fund to UK investors.

Is It Worth Investing in Douglas Emmett Inc (NYSE: DEI) Right Now?

DEI has 36-month beta value of 1.13. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 0 as “sell.”

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The public float for DEI is 160.81M, and currently, short sellers hold a 10.29% ratio of that float. The average trading volume of DEI on December 26, 2024 was 1.45M shares.

DEI’s Market Performance

The stock of Douglas Emmett Inc (DEI) has seen a -7.38% decrease in the past week, with a -2.59% drop in the past month, and a 9.55% gain in the past quarter. The volatility ratio for the week is 5.91%, and the volatility levels for the past 30 days are at 2.90% for DEI. The simple moving average for the last 20 days is -2.48% for DEI stock, with a simple moving average of 19.96% for the last 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 -0.15% 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 -8.20% of loss for the given period.

Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 5.91%, as shares sank -3.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.38% upper at present.

During the last 5 trading sessions, DEI fell by -7.38%, which changed the moving average for the period of 200-days by +37.37% in comparison to the 20-day moving average, which settled at $19.30. In addition, Douglas Emmett Inc saw 29.79% 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.

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 0.02. 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 2.64. 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 8.28. When we switch over and look at the enterprise to sales, we see a ratio of 8.53. The receivables turnover for the company is 8.15for trailing twelve months and the total asset turnover is 0.1.

Conclusion

To put it simply, Douglas Emmett Inc (DEI) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.

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