As of Wednesday close, Physicians Realty Trust’s (NYSE:DOC) stock was up $0.35, moving up 2.56 percent to $14.03. The average number of shares traded per day over the past five days has been 1,285,820 shares. 2 times new highs have been achieved over the past 5 days, with a $0.36 gain in that time frame. In the last twenty days, the average volume was 1,322,025, while in the previous 50 days, it was 1,464,220.
Since last month, DOC stock retreated -3.57%. Shares of the company fell to $13.31 on 08/22/23, the lowest level in the past month. A 52-week high of $17.26 was reached on 02/02/23 after having rallying from a 52-week low of $13.27. Since the beginning of this year, DOC’s stock price has dropped by -3.04% or -$0.44, and marked a new high 16 times. However, the stock has declined by -18.72% since its 52-week high.
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DOC stock investors should be aware that Physicians Realty Trust (DOC) stock had its last reported insider trading activity 184 days ago on Feb 28. BLACK ALBERT JR, the Director of the company, purchased of 1,021 shares for $14.98 on Feb 28. It resulted in a $15,295 investment by the insider. Thompson Tommy G added 6,575 shares at an average price of $15.04 on Dec 14. The insider now owns 25,635 shares following the transaction. On Dec 13, Director Thompson Tommy G bought 17,760 shares at $15.16 apiece. The transaction was valued at $269,242.
Valuation Metrics
Right now, Physicians Realty Trust (DOC) has a P/E ratio of about 33.40. The stock’s beta is 0.80. Besides these, the trailing price-to-sales (P/S) ratio of 6.26, the price-to-book (PB) ratio of 1.17, and the price-to-cash flow ratio of 32.98 may also be considered.
The latest dividend of $0.23 per share was paid out, remained unchanged from last year’s $0.23. On Tuesday June 13 2017, a $0.0050 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.70, and the total debt-to-equity ratio was 0.70. On the profitability front, the trailing twelve-month gross margin is 66.80% percent. In the year ended June 29, operating margins totaled 8.80%. Based on annual data, DOC earned $125.69 million in gross profit and brought in $526.63 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.10%. Return on equity (ROE) for the past 12 months was 3.40%.
In Physicians Realty Trust’s quarter-end financial report for June 29, it reported total debt of $163.93 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DOC’s revenue rose 2.17% to $134.34 million during the quarter, while net income inched up to $135.1 million. While analysts expected Physicians Realty Trust to report $0.05 quarterly earnings, the actual figure was $0.05 per share. During the quarter, the company generated $82.19 million in EBITDA. The value of shareholders’ equity is $238.45 million.
Technical Picture
This quick technical analysis looks at Physicians Realty Trust’s (DOC) price momentum. With a historical volatility rate of 19.06%, the RSI 9-day stood at 56.08% on 30 August.
With respect to its five-day moving average, the current Physicians Realty Trust price is up by +2.63% percent or $0.36. At present, DOC shares trade -2.91% below its 20-day simple moving average and -4.10% percent below its 100-day simple moving average. However, the stock is currently trading approximately -0.64% below its SMA50 and -5.27% below its SMA200.
Stochastic coefficient K was 35.86% and Stochastic coefficient D was 25.34%, while ATR was 0.26. Given the Stochastic reading of 57.60% for the 14-day period, the RSI (14) reading has been calculated as 50.35%. As of today, the MACD Oscillator reading stands at 0.15, while the 14-day reading stands at 0.02.
Analyst Ratings
JMP Securities launched its rating on Physicians Realty Trust (NYSE: DOC) to a Mkt outperform in a note to investors on May 26, 2023. Physicians Realty Trust (DOC) has been rated Hold by analysts. According to 1 brokerage firm, DOC is a sell, and 10 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Physicians Realty Trust stock as buy, with 5 recommending it as overweight.
With a median target price of $15.25, the current consensus forecast for the stock is $14.00 – $19.00. Based on these forecasts, analysts predict Physicians Realty Trust (DOC) will achieve an average price target of $15.78.
