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The price of Hudson Pacific Properties Inc (NYSE: HPP) closed at $5.93 in the last session, up 3.67% from day before closing price of $5.72. In other words, the price has increased by $3.67 from its previous closing price. On the day, 3.38 million shares were traded. HPP stock price reached its highest trading level at $6.02 during the session, while it also had its lowest trading level at $5.82.
Ratios:
We take a closer look at HPP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.65. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.44.
On February 20, 2024, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $11 to $7.50.
Jefferies Upgraded its Hold to Buy on January 02, 2024, whereas the target price for the stock was revised from $6 to $12.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 22 ’24 when SHOLEM BARRY A bought 40,000 shares for $6.69 per share. The transaction valued at 267,600 led to the insider holds 110,176 shares of the business.
SHOLEM BARRY A bought 40,000 shares of HPP for $267,600 on Feb 21 ’24. The Director now owns 70,176 shares after completing the transaction at $6.69 per share. On Feb 16 ’24, another insider, Gordon Drew, who serves as the Chief Investment Officer of the company, sold 10,000 shares for $7.11 each. As a result, the insider received 71,118 and left with 116,694 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, HPP now has a Market Capitalization of 836989760 and an Enterprise Value of 6038192128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 6.367 whereas that against EBITDA is 15.731.
Stock Price History:
The Beta on a monthly basis for HPP is 1.35, which has changed by 0.190763 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, HPP has reached a high of $9.85, while it has fallen to a 52-week low of $3.98. The 50-Day Moving Average of the stock is -6.69%, while the 200-Day Moving Average is calculated to be -10.83%.
Shares Statistics:
According to the various share statistics, HPP traded on average about 2.46M shares per day over the past 3-months and 1978030 shares per day over the past 10 days. A total of 141.03M shares are outstanding, with a floating share count of 136.21M. Insiders hold about 3.47% of the company’s shares, while institutions hold 109.86% stake in the company. Shares short for HPP as of 1713139200 were 22165161 with a Short Ratio of 9.02, compared to 1710460800 on 20906960. Therefore, it implies a Short% of Shares Outstanding of 22165161 and a Short% of Float of 25.679999999999996.
Dividends & Splits
The forward annual dividend rate for HPP is 0.05, which was 0.375 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06555944The stock’s 5-year Average Dividend Yield is 6.38.
Earnings Estimates
The current rating of Hudson Pacific Properties Inc (HPP) reflects the combined expertise of 3.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of -$0.46 for the current quarter, with a high estimate of -$0.44 and a low estimate of -$0.48, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.4, with high estimates of -$0.38 and low estimates of -$0.43.
Analysts are recommending an EPS of between -$1.43 and -$1.48 for the fiscal current year, implying an average EPS of -$1.46. EPS for the following year is -$1.22, with 3.0 analysts recommending between -$1.11 and -$1.4.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $214.78M. It ranges from a high estimate of $219.3M to a low estimate of $208.76M. As of the current estimate, Hudson Pacific Properties Inc’s year-ago sales were $250.28MFor the next quarter, 4 analysts are estimating revenue of $221.55M. There is a high estimate of $225.1M for the next quarter, whereas the lowest estimate is $215.38M.
A total of 7 analysts have provided revenue estimates for HPP’s current fiscal year. The highest revenue estimate was $997.61M, while the lowest revenue estimate was $898.75M, resulting in an average revenue estimate of $928.41M. In the same quarter a year ago, actual revenue was $952.3MBased on 7 analysts’ estimates, the company’s revenue will be $979.81M in the next fiscal year. The high estimate is $1.1B and the low estimate is $909.98M.
