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 price of Hudson Pacific Properties Inc (NYSE: HPP) closed at $5.95 in the last session, down -0.50% from day before closing price of $5.98. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 1.76 million shares were traded. HPP stock price reached its highest trading level at $5.98 during the session, while it also had its lowest trading level at $5.79.
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 7.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.67. 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 860851904 and an Enterprise Value of 6041010176. 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 6.37 whereas that against EBITDA is 15.738.
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 $3.98. The 50-Day Moving Average of the stock is -7.57%, while the 200-Day Moving Average is calculated to be -10.41%.
Shares Statistics:
According to the various share statistics, HPP traded on average about 2.43M shares per day over the past 3-months and 1745290 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 109.34% stake in the company. Shares short for HPP as of 1711584000 were 21279777 with a Short Ratio of 8.77, compared to 1709164800 on 20004702. Therefore, it implies a Short% of Shares Outstanding of 21279777 and a Short% of Float of 24.65.
Dividends & Splits
The forward annual dividend rate for HPP is 0.17, which was 0.375 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06270903The stock’s 5-year Average Dividend Yield is 6.38.
