The stock of Ventas Inc. (NYSE:VTR) increased by $0.17 on Tuesday to finish at $43.55, up 0.39 percent. The last five days have seen an average of 2,230,580 shares of common stock traded. 13 times new highs were reached in the current year, with a fall of -$1.50. The average number of shares traded over the last 20 days was 2,603,350, while the average volume over the last 50 days totaled 2,192,128.
VTR stock dropped -10.24% since last month. On 08/21/23, the company’s shares reached a one-month low of $41.31. The stock touched a high of $53.15 on 02/02/23, after rallying from a low of $35.33 in 52 weeks. The price of VTR stock has declined by -3.33% or -$1.50 this year, reaching a new high 13 times. Still, the stock price is down -18.06% from the 52-week high.
Insider Transactions
VTR stock investors should be aware that Ventas Inc. (VTR) stock had its last reported insider trading activity 96 days ago on May 26. On May 26, Director RAKOWICH WALTER C sold 1,242 shares at $42.57 each. This transaction resulted in the insider making $52,870. On Feb 02, CAFARO DEBRA A sold 32,932 shares at a price of US$52.74. After the transaction, the insider now owns 863,555 shares. Chairman and CEO CAFARO DEBRA A had earlier sold 548 shares on Feb 01 for $52.01 a share. The transaction was completed for $28,501.
Valuation Metrics
Ventas Inc. (VTR) has a trailing price-to-earnings (P/E) ratio of 229.21. Beta for the stock is 1.24. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 4.12, the price-to-book (PB) ratio of 1.70, and the price-to-cash flow ratio of 29.37.
Company paid $0.45 per share in dividends, remained unchanged from $0.45 last year. A $0.3425 dividend decrease was reported on Monday January 1 1900.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.30, and the total debt to equity ratio is 1.30. As far as profitability goes, gross margin for the trailing twelve months is 43.90% percent. Ventas Inc.’s operating margin stood at 11.70% for the same period. Based on annual data, it had gross profit of $503.6 million and revenue of $4.13 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VTR’s return on assets (ROA) during the last 12 months has been 0.30%. There was a 2.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 0.70%.
Earnings Surprise
According to Ventas Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.11 billion, while revenues rose by 7.54% to $1.08 billion. It was predicted that Ventas Inc.’s quarterly earnings would be $0.26, but it ended up being $0.02. EBITDA was $437.84 million for the quarter. At the end of Ventas Inc.’s most recent quarter ended June 29, its total debt was $13.56 billion. Equity owned by shareholders amounts to $402.38 million.
Technical Picture
Here’s a quick look at Ventas Inc.’s (VTR) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 48.91%, suggesting the stock is Neutral, with a 16.72% historical volatility rate.
The stochastic %K and %D were 51.78% and 45.07% respectively, while the average true range (ATR) was 0.85. Based on the 14-day stochastic reading of 63.10%, the RSI (14) reading is 43.63%. On the 9-day MACD Oscillator, the stock is at 0.65, and the 14-day reading is at 0.69.
Analyst Ratings
Ventas Inc. (NYSE: VTR) was downgraded by BofA Securities to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Ventas Inc. (VTR) an Overweight rating. VTR is a stock that is recommended for selling by 0 brokerage firms, while 8 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 9 others recommend it as a buy.
What is VTR’s price target for the next 12 months?
The current consensus forecast for the stock is between $45.00 and $80.00, with a median target price of $52.00. In analyzing these forecasts, the average price target given by analysts for Ventas Inc. (VTR) is $52.65.
