Medical Properties Trust Inc. (NYSE:MPW) finished Thursday with an addition of $0.05 to close at $7.09, an upside of 0.71 percent. An average of 26,761,240 shares of common stock have been traded in the last five days. There was a fall of -$0.41 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 17,007,975 shares traded, while the 50-day average volume stands at 12,067,468.
MPW stock has decreased by -33.24% in the last month. The company shares reached their 1-month lowest point of $6.38 on 08/18/23. With the stock rallying to its 52-week high on 01/24/23, shares of the company touched a low of $6.38 and a high of $15.48 in 52 weeks. It has reached a new high 10 times so far this year and lost -36.36% or -$4.05 in price. In spite of this, the price is down -54.20% from the 52-week high.
Valuation Metrics
Medical Properties Trust Inc. (MPW) has a trailing price-to-earnings (P/E) ratio of 60.60. The stock’s beta is 1.08. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.23, the price-to-book (PB) ratio at 0.51.
The company has a payout ratio of 992.50%. The company’s most recent quarterly dividend payment was $0.15 a share, representing a down of -48.28% from $0.29 last year.
Financial Health
Further, the company has a long term debt to equity ratio of 1.23 and a total debt to equity ratio of 1.23 for the quarter ending June 29. Its gross profit as reported stood at $644.65 million compared to revenue of $1.54 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, Medical Properties Trust Inc.’s return on assets was 0.40%.
Earnings Surprise
For the three-month period that ended June 29, Medical Properties Trust Inc. had $10.24 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$42.04 million in the quarter, while revenues of $32.79 million were grew 551.0%. The analyst consensus anticipated Medical Properties Trust Inc.’s latest quarter earnings to come in at $0.22 per share, but it turned out to be -$0.07, a -131.80% surprise. For the quarter, EBITDA amounted to $180.29 million. At the end of the quarter ending June 29, Medical Properties Trust Inc.’s stock balance sheet showed total debt was $10.24 billion. Shareholders own equity worth $598.4 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Medical Properties Trust Inc. (MPW) price momentum. RSI 9-day as of the close on 24 August was 26.95%, suggesting the stock is oversold, with historical volatility in this time frame at 52.04%.
As of today, MPW’s price is $6.97 -5.47% or -$0.41 from its 5-day moving average. MPW is currently trading -30.76% lower than its 20-day SMA and -13.75% lower than its 100-day SMA. However, the stock’s current price level is -23.76% below the SMA50 and -37.03% below the SMA200.
The stochastic %K and %D were 15.69% and 14.88%, respectively, and the average true range (ATR) was 0.46. With the 14-day stochastic at 18.98% and the average true range at 0.44, the RSI (14) stands at 28.01%. The stock has reached -0.27 on the 9-day MACD Oscillator while the 14-day reading was at -0.79.
Analyst Ratings
JP Morgan downgraded Medical Properties Trust Inc. (NYSE: MPW) to a an Underweight rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Medical Properties Trust Inc. (MPW) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell MPW, while 4 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 5 others rate it as a “buy”.
What is MPW’s price target for the next 12 months?
Analysts predict a range of price targets between $7.00 and $18.00, with a median target of $10.00. Taking a look at these predictions, the average price target given by analysts for Medical Properties Trust Inc. (MPW) stock is $10.36.
