Medical Properties Trust Inc. (NYSE:MPW) saw a downside of -14.06% to close Tuesday at $8.68 after subtracting -$1.42 on the day. The 5-day average trading volume is 13,232,780 shares of the company’s common stock. It has gained $10.12 in the past week and touched a new high 3 times within the past 5 days. An average of 9,433,950 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 11,061,784.
MPW’s 1-month performance is -7.36% or -$0.58 on its low of $8.52 reached on 08/08/23. The company’s shares have touched a 52-week low of $7.10 and high of $16.81, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, MPW has lost -22.08% or -$2.46 and has reached a new high 10 times. However, the current price is down -48.36% from the 52-week high price.
Valuation Metrics
MPW stock has a beta of 1.01. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.47 while the price-to-book (PB) in the most recent quarter is 0.62.
As well, the company’s long term debt to equity for the quarter ending March 30 was 1.24, while the total debt to equity was 1.24.. In terms of profitability, the gross margin trailing 12 months is 97.00%. The firm’s gross profit as reported stood at $644.65 million against revenue of $1.54 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Medical Properties Trust Inc.’s cash and short-term investments amounted to $346.45 million against total debt of $10.44 billion. Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -1826.44% to $32.79 million, while revenue of -$140.47 million was 528.39% off the previous quarter. Analysts expected MPW to announce $0.22 per share in earnings in its latest quarter, but it posted $0.05, representing a -77.30% surprise. EBITDA for the quarter stood at more than $211.46 million. Shareholders hold equity totaling $598.3 million.
Let’s look briefly at Medical Properties Trust Inc. (MPW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 23.48% to suggest the stock is trending oversold, with historical volatility in this time period at 73.98%.
The stock’s 5-day moving average is $9.69, reflecting a -12.50% or -$1.24 change from its current price. MPW is currently trading -10.42% above its 20-day SMA, +6.50% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +12.87% and SMA200 by-21.09%.
Stochastic %K and %D was 30.34% and 31.71% and the average true range (ATR) pointed at 0.44. The RSI (14) points at 31.99%, while the 14-day stochastic is at 7.21% with the period’s ATR at 0.39. The stock’s 9-day MACD Oscillator is pointing at -0.29 and -0.48 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Medical Properties Trust Inc. (NYSE: MPW), Wells Fargo launched coverage with an Equal weight rating. Analysts offering their rating for MPW stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate MPW as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 5 have offered a “buy” rating.
What is MPW’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $9.00 and a high of $18.00, with their median price target at $11.00. Looking at these predictions, the average price target given by analysts is for Medical Properties Trust Inc. (MPW) stock is $11.64.
