Is this a Prime Time To acquire Douglas Emmett Inc (DEI) stock

In the latest session, Douglas Emmett Inc (NYSE: DEI) closed at $12.76 down -1.31% from its previous closing price of $12.93. On the day, 1473937 shares were traded. DEI stock price reached its highest trading level at $12.90 during the session, while it also had its lowest trading level at $12.50.

Ratios:

For a deeper understanding of Douglas Emmett Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.98. In the meantime, Its Debt-to-Equity ratio is 2.51 whereas as Long-Term Debt/Eq ratio is at 2.33.

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 January 02, 2024, Upgraded its rating to Hold and sets its target price to $15 from $10 previously.

On October 03, 2023, Wedbush started tracking the stock assigning a Neutral rating and target price of $13.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 06 ’23 when SIMON WILLIAM E JR sold 91,000 shares for $13.95 per share. The transaction valued at 1,269,141 led to the insider holds 0 shares of the business.

SIMON WILLIAM E JR bought 10,000 shares of DEI for $124,186 on Jun 08 ’23. The Director now owns 91,000 shares after completing the transaction at $12.42 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 0.96.

Stock Price History:

Over the past 52 weeks, DEI has reached a high of $16.12, while it has fallen to a 52-week low of $10.09.

Shares Statistics:

A total of 167.21M shares are outstanding, with a floating share count of 160.73M. Insiders hold about 3.96% of the company’s shares, while institutions hold 107.90% stake in the company.

Earnings Estimates

There are Deere & Company different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0.19, with high estimates of $146.05 and low estimates of $2.07.

Analysts are recommending an EPS of between $Consumer Cyclical and $Energy for the fiscal current year, implying an average EPS of $Energy.

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