Is Buying Stock In Healthcare Trust of America Inc. (HTA) A Good Move Today?

Healthcare Trust of America Inc. (NYSE:HTA) saw an upside of 2.55% to close Monday at $32.52 after adding $0.81 on the day. The 5-day average trading volume is 2,759,000 shares of the company’s common stock. It has gained $32.70 in the past week. An average of 2,635,665 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,817,244.

HTA’s 1-month performance is 8.08% or $2.43 on its low of $29.25 reached on 10/01/21. The company’s shares have touched a 52-week low of $23.39 and high of $31.93, with the stock’s rally to the 52-week high happening on 10/11/21. YTD, HTA has achieved 18.08% or $4.98. However, the current price is up 1.85%% from the 52-week high price.


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Insider Transactions

On Nov 13, 333 days have gone by since the last insider trading activity for Healthcare Trust of America Inc. (HTA). Houghton Amanda (EVP – Asset Management) most recently sold 32,507 shares at $27.80 per share on Nov 13. This transaction cost the insider $903,695.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 243.86 and a low of 21.47. HTA stock has a beta of 0.59. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 9.33 while the price-to-book (PB) in the most recent quarter is 2.29, with the price to cash flow ratio at 178.30.

Healthcare Trust of America Inc. pays an annual dividend of $1.30 per share. Its dividend yield is 4.00% and the payout ratio is 344.50%. HTA’s most recent quarterly dividend payment was made on Oct. 11, when it paid $0.3250 a share compared with prior rate of $0.32, up 1.54% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.0050 reported on Tuesday August 3 2021. Measured over the last 3 years, the Dividend has been growing by -21.49% yearly.

It is projected that Healthcare Trust of America Inc.’s next ex-dividend date will be on 3-Jan. HTA is expected to distribute $0.325 as its next dividend.

As well, the company’s long term debt to equity for the quarter ending June 29 was 0.99, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 69.40%. while for the period ending June 29; Healthcare Trust of America Inc.’s operating margin was 17.60%. The firm’s gross profit as reported stood at $164.34 million against revenue of $738.97 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected HTA to announce $0.1 per share in earnings in its latest quarter, but it posted $0.17, representing a 70.00% surprise. EBITDA for the quarter stood at more than $98.8 million. HTA stock balance sheet for the quarter ending June 29 shows that, with total debt at $3.29 billion. Shareholders hold equity totaling $218.85 million

Technical Picture

Let’s look briefly at Healthcare Trust of America Inc. (HTA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 76.65% to suggest the stock is trending Overbought, with historical volatility in this time period at 24.33%.

The stock’s 5-day moving average is $31.22, reflecting a +7.82% or $2.36 change from its current price. HTA is currently trading +7.08% above its 20-day SMA, +17.74% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +13.75% and +19.03% respectively.

Stochastic %K and %D was 89.94% and 79.49% and the average true range (ATR) pointed at 0.77. The RSI (14) points at 70.45%, while the 14-day stochastic is at 94.79% with the period’s ATR at 0.72. The stock’s 9-day MACD Oscillator is pointing at 1.16 and 1.36 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Healthcare Trust of America Inc. (NYSE: HTA), Truist downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for HTA stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate HTA as a “sell,”, while 8 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.

What is HTA’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $30.00 and a high of $35.00, with their median price target at $31.50. Looking at these predictions, the average price target given by analysts is for Healthcare Trust of America Inc. (HTA) stock is $32.40.

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