Ventas Inc. (NYSE:VTR) finished Wednesday with a subtraction of -$0.98 to close at $44.51, a downside of -2.15 percent. An average of 3,119,560 shares of common stock have been traded in the last five days. There was a fall of -$3.97 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 1,902,095 shares traded, while the 50-day average volume stands at 2,438,800.
VTR stock has decreased by -8.77% in the last month. The company shares reached their 1-month lowest point of $44.41 on 08/09/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $35.33 and a high of $53.15 in 52 weeks. It has reached a new high 13 times so far this year and lost -1.20% or -$0.54 in price. In spite of this, the price is down -16.26% from the 52-week high.
Insider Transactions
VTR stock investors should be aware that Ventas Inc. (VTR) stock had its last reported insider trading activity 76 days ago on May 26. In this transaction, the insider spent $52,870. Chairman and CEO, CAFARO DEBRA A, disposed of 32,932 shares at a price of $52.74 on Feb 02. The insider now owns more than $1,736,834 worth of shares. Prior to that, Chairman and CEO CAFARO DEBRA A went on to Sale 548 shares at $52.01 each on Feb 01. An amount of $28,501 was transacted.
Valuation Metrics
Ventas Inc. (VTR) stock’s beta is 1.23. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.56, the price-to-book (PB) ratio at 1.74.
Financial Health
Further, the company has a long term debt to equity ratio of 1.20 and a total debt to equity ratio of 1.20 for the quarter ending June 29. Its gross profit as reported stood at $503.6 million compared to revenue of $4.13 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, Ventas Inc.’s return on assets was -0.20%.
Earnings Surprise
For the three-month period that ended June 29, Ventas Inc. had $13.35 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 $103.45 million in the quarter, while revenues of $17.52 million were grew 141.01%. The analyst consensus anticipated Ventas Inc.’s latest quarter earnings to come in at $0.02 per share, but it turned out to be $0.18, a 800.00% surprise. For the quarter, EBITDA amounted to $437.84 million. At the end of the quarter ending June 29, Ventas Inc.’s stock balance sheet showed total debt was $13.56 billion. Shareholders own equity worth $402.38 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Ventas Inc. (VTR) price momentum. RSI 9-day as of the close on 09 August was 25.24%, suggesting the stock is oversold, with historical volatility in this time frame at 37.38%.
As of today, VTR’s price is $45.75 -8.19% or -$3.97 from its 5-day moving average. VTR is currently trading -7.87% lower than its 20-day SMA and -3.30% lower than its 100-day SMA. However, the stock’s current price level is +3.80% above the SMA50 and +18.88% above the SMA200.
The stochastic %K and %D were 10.21% and 13.20%, respectively, and the average true range (ATR) was 1.16. With the 14-day stochastic at 1.77% and the average true range at 1.11, the RSI (14) stands at 32.76%. The stock has reached -1.74 on the 9-day MACD Oscillator while the 14-day reading was at -2.50.
Analyst Ratings
Raymond James upgraded Ventas Inc. (NYSE: VTR) to a a Strong buy rating in its most recent analyst report. Previously, the stock was rated as an Outperform.
