Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Hudson Pacific Properties Inc (NYSE: HPP) was $2.89 for the day, down -2.69% from the previous closing price of $2.97. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 2.41 million shares were traded. HPP stock price reached its highest trading level at $2.96 during the session, while it also had its lowest trading level at $2.815.
Ratios:
Our analysis of HPP’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 3.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.65. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on November 12, 2024, Downgraded its rating to Hold and sets its target price to $5 from $5.50 previously.
Piper Sandler Downgraded its Overweight to Neutral on August 08, 2024, whereas the target price for the stock was revised from $7 to $6.
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 18 ’24 when COLEMAN VICTOR J bought 50,000 shares for $2.87 per share. The transaction valued at 143,500 led to the insider holds 487,451 shares of the business.
COLEMAN VICTOR J bought 50,000 shares of HPP for $176,500 on Nov 25 ’24. The Chief Executive Officer now owns 437,451 shares after completing the transaction at $3.53 per share. On Sep 20 ’24, another insider, Andrew Wattula, who serves as the Officer of the company, bought 9,356 shares for $5.28 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HPP now has a Market Capitalization of 418789920 and an Enterprise Value of 5645687808. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.16. Its current Enterprise Value per Revenue stands at 6.66 whereas that against EBITDA is 20.417.
Stock Price History:
Over the past 52 weeks, HPP has reached a high of $9.85, while it has fallen to a 52-week low of $2.39. The 50-Day Moving Average of the stock is -22.99%, while the 200-Day Moving Average is calculated to be -40.98%.
Shares Statistics:
HPP traded an average of 3.87M shares per day over the past three months and 9134790 shares per day over the past ten days. A total of 141.23M shares are outstanding, with a floating share count of 137.13M. Insiders hold about 2.91% of the company’s shares, while institutions hold 109.89% stake in the company. Shares short for HPP as of 1734048000 were 27139682 with a Short Ratio of 7.02, compared to 1731628800 on 23780459. Therefore, it implies a Short% of Shares Outstanding of 27139682 and a Short% of Float of 31.41.
Dividends & Splits
With its trailing 12-month dividend rate of 0.1, HPP has a forward annual dividend rate of 0.10. Against a Trailing Annual Dividend Yield of 0.033670034The stock’s 5-year Average Dividend Yield is 6.43.