Brandywine Realty Trust (NYSE:BDN) finished Friday with a subtraction of -$0.07 to close at $4.67, a downside of -1.48 percent. An average of 1,150,760 shares of common stock have been traded in the last five days. There was a gain of $0.04 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 1,477,925 shares traded, while the 50-day average volume stands at 2,186,386.
BDN stock has decreased by -2.91% in the last month. The company shares reached their 1-month lowest point of $4.54 on 08/21/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $3.42 and a high of $8.61 in 52 weeks. It has reached a new high 5 times so far this year and lost -24.07% or -$1.48 in price. In spite of this, the price is down -45.76% from the 52-week high.
Valuation Metrics
Brandywine Realty Trust (BDN) has a trailing price-to-earnings (P/E) ratio of 32.66. The stock’s beta is 1.16. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.58, the price-to-book (PB) ratio at 0.52, and the price-to-cash flow ratio at 31.29.
The company has a payout ratio of 528.20%. The company’s most recent quarterly dividend payment was $0.19 a share, without any change from last year. Its latest increase dividend $0.01 reported on Friday December 7 2018.
Financial Health
Further, the company has a long term debt to equity ratio of 1.38 and a total debt to equity ratio of 1.38 for the quarter ending June 29. Its gross profit as reported stood at $119.73 million compared to revenue of $506.1 million.
Earnings Surprise
For the three-month period that ended June 29, Brandywine Realty Trust had $241.38 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$12.9 million in the quarter, while revenues of -$5.33 million were grew 135.19%. The analyst consensus anticipated Brandywine Realty Trust’s latest quarter earnings to come in at -$0.06 per share, but it turned out to be -$0.08, a -33.30% surprise. For the quarter, EBITDA amounted to $69.18 million. At the end of the quarter ending June 29, Brandywine Realty Trust’s stock balance sheet showed total debt was $2.16 billion. Shareholders own equity worth $172.1 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Brandywine Realty Trust (BDN) price momentum. RSI 9-day as of the close on 25 August was 44.72%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.56%.
As of today, BDN’s price is $4.67 +0.86% or $0.04 from its 5-day moving average. BDN is currently trading -6.41% lower than its 20-day SMA and +1.30% higher than its 100-day SMA. However, the stock’s current price level is +5.66% above the SMA50 and -28.59% below the SMA200.
The stochastic %K and %D were 34.79% and 27.74%, respectively, and the average true range (ATR) was 0.16. With the 14-day stochastic at 28.89% and the average true range at 0.17, the RSI (14) stands at 47.56%. The stock has reached 0.05 on the 9-day MACD Oscillator while the 14-day reading was at -0.02.
Analyst Ratings
Citigroup downgraded Brandywine Realty Trust (NYSE: BDN) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Brandywine Realty Trust (BDN) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell BDN, while 2 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is BDN’s price target for the next 12 months?
Analysts predict a range of price targets between $2.75 and $7.00, with a median target of $4.75. Taking a look at these predictions, the average price target given by analysts for Brandywine Realty Trust (BDN) stock is $4.81.
