Stock Market Recap: Hudson Pacific Properties Inc (HPP) Concludes at 3.37, a -8.42 Surge/Decline

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After finishing at $3.68 in the prior trading day, Hudson Pacific Properties Inc (NYSE: HPP) closed at $3.37, down -8.42%. In other words, the price has decreased by -$8.42 from its previous closing price. On the day, 4.67 million shares were traded. HPP stock price reached its highest trading level at $3.7 during the session, while it also had its lowest trading level at $3.34.

Ratios:

Our goal is to gain a better understanding of HPP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.92. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.52.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 20 ’24 when Andrew Wattula bought 9,356 shares for $5.28 per share.

Wattula Andy sold 9,356 shares of HPP for $49,400 on Sep 20 ’24. The Chief Operating Officer now owns 61,068 shares after completing the transaction at $5.28 per share. On Aug 30 ’24, another insider, GLASER JONATHAN M, who serves as the Director of the company, sold 9,287 shares for $5.20 each. As a result, the insider received 48,292 and left with 3,713 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 488346688 and an Enterprise Value of 5745828352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 6.778 whereas that against EBITDA is 20.779.

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 $3.66. The 50-Day Moving Average of the stock is -26.21%, while the 200-Day Moving Average is calculated to be -37.54%.

Shares Statistics:

The stock has traded on average 2.31M shares per day over the past 3-months and 2808300 shares per day over the last 10 days, according to various share statistics. A total of 141.03M shares are outstanding, with a floating share count of 137.03M. Insiders hold about 2.97% of the company’s shares, while institutions hold 105.75% stake in the company. Shares short for HPP as of 1730332800 were 22785692 with a Short Ratio of 9.88, compared to 1727654400 on 23140369. Therefore, it implies a Short% of Shares Outstanding of 22785692 and a Short% of Float of 26.369999999999997.

Dividends & Splits

In the trailing 12 months, HPP’s forward annual dividend rate was 0.1, compared to 0.10 this year. Against a Trailing Annual Dividend Yield of 0.027173912The stock’s 5-year Average Dividend Yield is 6.44.

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