Ventas Inc. (NYSE:VTR) saw an upside of 0.72% to close Tuesday at $41.94 after adding $0.3 on the day. The 5-day average trading volume is 2,628,960 shares of the company’s common stock. It has gained $42.40 in the past week and touched a new high 2 times within the past 5 days. An average of 2,402,330 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,211,070.
VTR’s 1-month performance is -15.58% or -$7.59 on its low of $41.31 reached on 08/21/23. The company’s shares have touched a 52-week low of $35.33 and high of $53.15, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, VTR has lost -6.90% or -$3.11 and has reached a new high 13 times. However, the current price is down -21.09% from the 52-week high price.
Insider Transactions
VTR stock investors last saw insider trading activity on May 26.RAKOWICH WALTER C (Director) most recently sold 1,242 shares at $42.57 per share on May 26. This transaction cost the insider $52,870. Chairman and CEO, CAFARO DEBRA A, sold 32,932 shares at a price of $52.74 on Feb 02. Then, on Feb 01, Chairman and CEO CAFARO DEBRA A sold 548 shares at a price of $52.01 per share. This transaction amounted to $28,501.
Valuation Metrics
VTR stock has a beta of 1.25. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.95 while the price-to-book (PB) in the most recent quarter is 1.64, with the price to cash flow ratio at 28.16.
As well, the company’s long term debt to equity for the quarter ending June 29 was 1.30, while the total debt to equity was 1.30.. In terms of profitability, the gross margin trailing 12 months is 43.90%. The firm’s gross profit as reported stood at $503.6 million against revenue of $4.13 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 141.01% to $103.45 million, while revenue of $17.52 million was 83.06% off the previous quarter. Analysts expected VTR to announce $0.02 per share in earnings in its latest quarter, but it posted $0.26, representing a 1,200.00% surprise. EBITDA for the quarter stood at more than $437.84 million. Shareholders hold equity totaling $402.38 million.
Let’s look briefly at Ventas Inc. (VTR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 25.25% to suggest the stock is trending oversold, with historical volatility in this time period at 15.80%.
The stock’s 5-day moving average is $41.83, reflecting a -0.33% or -$0.14 change from its current price. VTR is currently trading -14.91% above its 20-day SMA, -4.64% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -8.27% and SMA200 by+12.23%.
Stochastic %K and %D was 6.98% and 6.50% and the average true range (ATR) pointed at 0.90. The RSI (14) points at 28.73%, while the 14-day stochastic is at 9.08% with the period’s ATR at 0.95. The stock’s 9-day MACD Oscillator is pointing at -0.42 and -1.66 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Ventas Inc. (NYSE: VTR), BofA Securities downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for VTR stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate VTR as a “sell,”, while 8 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 9 have offered a “buy” rating.
What is VTR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $45.00 and a high of $80.00, with their median price target at $52.00. Looking at these predictions, the average price target given by analysts is for Ventas Inc. (VTR) stock is $52.71.
