Healthcare Realty Trust Incorporated (HR): What is the Risk Factor?

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Healthcare Realty Trust Incorporated (NYSE:HR) saw an upside of 0.09% to $21.62 after adding $0.02 on Tuesday. The 5-day average trading volume is 2,079,478 shares of the company’s common stock. It has gained $21.76 in the past week and touched a new high 4 times within the past 5 days. An average of 2,555,525 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,734,354.

HR’s 1-month performance is 17.46% or $2.75 on its low of $18.71 reached on 12/27/22. The company’s shares have touched a 52-week low of $18.16 and high of $27.46, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, HR has achieved 12.09% or $2.28 and has reached a new high 7 times. However, the current price is down -21.26% from the 52-week high price.

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Insider Transactions

HR stock investors last saw insider trading activity on Dec 13.BRYANT JOHN M JR (EVP and General Counsel) most recently sold 6,800 shares at $20.13 per share on Dec 13. This transaction cost the insider $136,884. EVP – Investments, Hull Robert E, sold 7,341 shares at a price of $20.13 on Dec 13.

Valuation Metrics

HR stock has a beta of 0.74. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 10.29 while the price-to-book (PB) in the most recent quarter is 0.92.

As well, the company’s long term debt to equity for the quarter ending September 29 was 0.73, while the total debt to equity was 0.73. In terms of profitability, the gross margin trailing 12 months is 63.70%. The firm’s gross profit as reported stood at $81.75 million against revenue of $534.82 million.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 107.31% to $28.3 million, while revenue of $6.13 million was 78.34% off the previous quarter. Analysts expected HR to announce $0.01 per share in earnings in its latest quarter, but it posted $0.08, representing a 700.00% surprise. EBITDA for the quarter stood at more than $98.74 million. Shareholders hold equity totaling $380.57 million.

Let’s look briefly at Healthcare Realty Trust Incorporated (HR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 72.48% to suggest the stock is trending Overbought, with historical volatility in this time period at 20.49%.

The stock’s 5-day moving average is $21.22, reflecting a +2.55% or $0.53 change from its current price. HR is currently trading +15.76% above its 20-day SMA, -13.05% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +12.15% and SMA200 by-32.37%.

Stochastic %K and %D was 94.42% and 92.20% and the average true range (ATR) pointed at 0.45. The RSI (14) points at 67.55%, while the 14-day stochastic is at 89.70% with the period’s ATR at 0.47. The stock’s 9-day MACD Oscillator is pointing at 0.34 and 0.55 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Healthcare Realty Trust Incorporated (NYSE: HR), Citigroup downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for HR stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate HR as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 4 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $20.00 and a high of $28.00, with their median price target at $22.75. Looking at these predictions, the average price target given by analysts is for Healthcare Realty Trust Incorporated (HR) stock is $23.05.

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