What Technical Indicators Show About Welltower Inc. (WELL)?


Welltower Inc. (NYSE:WELL) finished Wednesday with a subtraction of -$1.1 to close at $64.84, a downside of -1.67 percent. An average of 1,613,860 shares of common stock have been traded in the last five days. There was a gain of $1.29 in the past week, and it reached a new high 17 times over the past 12 months. The last 20 days have seen an average of 3,648,325 shares traded, while the 50-day average volume stands at 3,141,912.

WELL stock has decreased by -2.70% in the last month. The company shares reached their 1-month lowest point of $62.62 on 12/20/22. With the stock rallying to its 52-week high on 04/04/22, shares of the company touched a low of $56.50 and a high of $99.43 in 52 weeks. It has reached a new high 14 times so far this year and lost -24.40% or -$20.93 in price. In spite of this, the price is down -34.79% from the 52-week high.

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Valuation Metrics

Welltower Inc. (WELL) has a trailing price-to-earnings (P/E) ratio of 171.08. The stock’s beta is 1.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.38, the price-to-book (PB) ratio at 1.57, and the price-to-cash flow ratio at 116.86.

The company has a payout ratio of 540.50%. The company’s most recent quarterly dividend payment was $0.61 a share, without any change from last year. Its latest decrease dividend $0.26 reported on Wednesday May 6 2020.

Financial Health

Further, the company has a long term debt to equity ratio of 0.79 and a total debt to equity ratio of 0.79 for the quarter ending September 29. Its gross profit as reported stood at $754.25 million compared to revenue of $4.74 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Welltower Inc.’s return on assets was 0.60%.

Earnings Surprise

For the three-month period that ended September 29, Welltower Inc. had $2.12 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$6.77 million in the quarter, while revenues of $89.78 million were grew 487.89%. The analyst consensus anticipated Welltower Inc.’s latest quarter earnings to come in at $0.16 per share, but it turned out to be -$0.01, a -106.20% surprise. For the quarter, EBITDA amounted to $519.7 million. At the end of the quarter ending September 29, Welltower Inc.’s stock balance sheet showed total debt was $15.57 billion. Shareholders own equity worth $472.52 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Welltower Inc. (WELL) price momentum. RSI 9-day as of the close on 28 December was 44.28%, suggesting the stock is Neutral, with historical volatility in this time frame at 28.40%.

As of today, WELL’s price is $64.87 +2.03% or $1.29 from its 5-day moving average. WELL is currently trading -6.30% lower than its 20-day SMA and -19.63% lower than its 100-day SMA. However, the stock’s current price level is +8.10% above the SMA50 and -28.72% below the SMA200.

The stochastic %K and %D were 41.32% and 36.23%, respectively, and the average true range (ATR) was 1.87. With the 14-day stochastic at 37.25% and the average true range at 1.95, the RSI (14) stands at 45.80%. The stock has reached 0.50 on the 9-day MACD Oscillator while the 14-day reading was at -0.06.

Analyst Ratings

Evercore ISI downgraded Welltower Inc. (NYSE: WELL) to a an In-line rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Welltower Inc. (WELL) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell WELL, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 10 others rate it as a “buy”.

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

Analysts predict a range of price targets between $61.00 and $111.00, with a median target of $77.00. Taking a look at these predictions, the average price target given by analysts for Welltower Inc. (WELL) stock is $77.90.


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