Healthcare Realty Trust Incorporated (NYSE:HR) saw a downside of -1.07% to close Tuesday at $16.60 after subtracting -$0.18 on the day. The 5-day average trading volume is 2,706,000 shares of the company’s common stock. It has gained $17.27 in the past week and touched a new high 1 time within the past 5 days. An average of 2,509,930 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,345,098.
HR’s 1-month performance is -17.62% or -$3.34 on its low of $16.50 reached on 08/22/23. The company’s shares have touched a 52-week low of $16.56 and high of $26.61, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, HR has lost -13.86% or -$2.67 and has reached a new high 9 times. However, the current price is down -37.62% from the 52-week high price.
Insider Transactions
HR stock investors last saw insider trading activity on Aug 16.Hull Robert E (EVP – Investments) most recently sold 7,341 shares at $20.13 per share on Dec 13. This transaction cost the insider $147,774. EVP and General Counsel, BRYANT JOHN M JR, sold 6,800 shares at a price of $20.13 on Dec 13.
Valuation Metrics
HR stock has a beta of 0.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.82 while the price-to-book (PB) in the most recent quarter is 0.88.
. In terms of profitability, the gross margin trailing 12 months is 63.70%. The firm’s gross profit as reported stood at -$23.83 million against revenue of $932.64 million.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 107.41% to -$82.76 million, while revenue of -$87.13 million was -5.28% off the previous quarter. EBITDA for the quarter stood at more than $216.58 million. Shareholders hold equity totaling $380.86 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 22 August was 13.11% to suggest the stock is trending oversold, with historical volatility in this time period at 19.11%.
The stock’s 5-day moving average is $16.84, reflecting a -3.26% or -$0.56 change from its current price. HR is currently trading -17.17% above its 20-day SMA, -12.26% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -15.78% and SMA200 by-16.41%.
Stochastic %K and %D was 6.12% and 6.20% and the average true range (ATR) pointed at 0.43. The RSI (14) points at 20.92%, while the 14-day stochastic is at 2.90% with the period’s ATR at 0.45. The stock’s 9-day MACD Oscillator is pointing at -0.45 and -1.16 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Healthcare Realty Trust Incorporated (NYSE: HR), Wells Fargo launched coverage with an Equal weight rating. Analysts offering their rating for HR stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate HR as a “sell,”, while 8 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 2 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 $17.00 and a high of $24.00, with their median price target at $21.50. Looking at these predictions, the average price target given by analysts is for Healthcare Realty Trust Incorporated (HR) stock is $21.00.
