As of Friday close, W. P. Carey Inc.’s (NYSE:WPC) stock was up $0.01, moving up 0.02 percent to $63.93. The average number of shares traded per day over the past five days has been 1,051,140 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.93 fall in that time frame. In the last twenty days, the average volume was 1,002,455, while in the previous 50 days, it was 1,078,150.
Since last month, WPC stock retreated -10.47%. Shares of the company fell to $63.63 on 08/18/23, the lowest level in the past month. A 52-week high of $88.92 was reached on 01/30/23 after having rallying from a 52-week low of $63.90. Since the beginning of this year, WPC’s stock price has dropped by -18.20% or -$14.22, and marked a new high 11 times. However, the stock has declined by -28.10% since its 52-week high.
WPC stock investors should be aware that W. P. Carey Inc. (WPC) stock had its last reported insider trading activity 109 days ago on May 02. ALEXANDER MARK A, the Director of the company, purchased of 1,000 shares for $72.48 on May 02. It resulted in a $72,479 investment by the insider. Zander Brian H sold 200 shares at an average price of $84.14 on Feb 17. The insider now owns 4,266 shares following the transaction.
Valuation Metrics
Right now, W. P. Carey Inc. (WPC) has a P/E ratio of about 17.90. The stock’s beta is 0.79. Besides these, the trailing price-to-sales (P/S) ratio of 8.17, the price-to-book (PB) ratio of 1.49.
The latest dividend of $1.0690 per share was paid out, which is 0.19% more than last year’s $1.0670. On Thursday June 15 2023, a $0.0020 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.93, and the total debt-to-equity ratio was 0.93. On the profitability front, the trailing twelve-month gross margin is 88.30% percent. In the recent year, operating margins totaled 42.60%. Based on annual data, WPC earned $612.1 million in gross profit and brought in $1.48 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.50%. Return on equity (ROE) for the past 12 months was 8.30%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. WPC’s revenue rose 23.9% to $427.79 million during the quarter, while net income inched up to $452.58 million. During the quarter, the company generated $378.59 million in EBITDA. The value of shareholders’ equity is $213.93 million.
Technical Picture
This quick technical analysis looks at W. P. Carey Inc.’s (WPC) price momentum. With a historical volatility rate of 12.49%, the RSI 9-day stood at 23.89% on 18 August.
With respect to its five-day moving average, the current W. P. Carey Inc. price is down by -4.38% percent or -$2.93. At present, WPC shares trade -11.26% below its 20-day simple moving average and -17.30% percent below its 100-day simple moving average. However, the stock is currently trading approximately -9.81% below its SMA50 and -16.21% below its SMA200.
Stochastic coefficient K was 2.75% and Stochastic coefficient D was 2.86%, while ATR was 1.12. Given the Stochastic reading of 7.27% for the 14-day period, the RSI (14) reading has been calculated as 29.70%. As of today, the MACD Oscillator reading stands at -1.45, while the 14-day reading stands at -1.96.
Analyst Ratings
W. P. Carey Inc. downgraded its rating on W. P. Carey Inc. (NYSE: WPC) to an Underperform in a note to investors on August 14, 2023. The analysts firm previously had a Neutral rating on the stock.W. P. Carey Inc. (WPC) has been rated Overweight by analysts. According to 1 brokerage firm, WPC is a sell, and 4 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate W. P. Carey Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $78.00, the current consensus forecast for the stock is $67.00 – $82.00. Based on these forecasts, analysts predict W. P. Carey Inc. (WPC) will achieve an average price target of $76.20.
