Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Healthpeak Properties Inc. (NYSE: DOC) was $18.34 for the day, down -1.56% from the previous closing price of $18.63. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 6.55 million shares were traded. DOC stock price reached its highest trading level at $18.605 during the session, while it also had its lowest trading level at $18.125.
Ratios:
Our analysis of DOC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 77.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.07. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 1.06.
On April 01, 2024, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $18 to $25.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 08 ’23 when Hall Amy M sold 4,001 shares for $12.58 per share. The transaction valued at 50,333 led to the insider holds 35,824 shares of the business.
Becker Laurie P sold 22,322 shares of DOC for $300,677 on Sep 14 ’23. The SVP – Controller now owns 55,776 shares after completing the transaction at $13.47 per share. On Sep 12 ’23, another insider, BLACK ALBERT JR, who serves as the Director of the company, bought 2,264 shares for $13.26 each. As a result, the insider paid 30,021 and bolstered with 101,472 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOC now has a Market Capitalization of 13219435520 and an Enterprise Value of 17553625088. As of this moment, Healthpeak’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.99, and their Forward P/E ratio for the next fiscal year is 29.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.97 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 8.048 whereas that against EBITDA is 15.248.
Stock Price History:
Over the past 52 weeks, DOC has reached a high of $22.38, while it has fallen to a 52-week low of $15.24. The 50-Day Moving Average of the stock is 3.84%, while the 200-Day Moving Average is calculated to be -1.89%.
Shares Statistics:
DOC traded an average of 7.85M shares per day over the past three months and 5458410 shares per day over the past ten days. A total of 709.58M shares are outstanding, with a floating share count of 707.38M. Insiders hold about 0.31% of the company’s shares, while institutions hold 74.68% stake in the company. Shares short for DOC as of 1713139200 were 10623693 with a Short Ratio of 1.35, compared to 1710460800 on 9704324. Therefore, it implies a Short% of Shares Outstanding of 10623693 and a Short% of Float of 1.8900000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 1.2, DOC has a forward annual dividend rate of 1.20. Against a Trailing Annual Dividend Yield of 0.06441224The stock’s 5-year Average Dividend Yield is 4.9.
