As of Friday close, Physicians Realty Trust’s (NYSE:DOC) stock was up $0.02, moving up 0.16 percent to $12.32. The average number of shares traded per day over the past five days has been 2,175,780 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.82 fall in that time frame. In the last twenty days, the average volume was 1,760,730, while in the previous 50 days, it was 1,534,080.
Since last month, DOC stock retreated -9.88%. Shares of the company fell to $12.28 on 09/21/23, the lowest level in the past month. A 52-week high of $16.34 was reached on 02/02/23 after having rallying from a 52-week low of $12.28. Since the beginning of this year, DOC’s stock price has dropped by -14.86% or -$2.15, and marked a new high 16 times. However, the stock has declined by -24.60% since its 52-week high.
DOC stock investors should be aware that Physicians Realty Trust (DOC) stock had its last reported insider trading activity 9 days ago on Sep 14. Becker Laurie P, the SVP – Controller of the company, disposed of 22,322 shares for $13.47 on Sep 14. It resulted in a $300,677 divestment by the insider. BLACK ALBERT JR added 2,264 shares at an average price of $13.26 on Sep 12. The insider now owns 101,472 shares following the transaction. On Feb 28, Director BLACK ALBERT JR bought 1,021 shares at $14.98 apiece. The transaction was valued at $15,295.
Valuation Metrics
Right now, Physicians Realty Trust (DOC) has a P/E ratio of about 29.33. The stock’s beta is 0.82. Besides these, the trailing price-to-sales (P/S) ratio of 5.62, the price-to-book (PB) ratio of 1.03, and the price-to-cash flow ratio of 29.57 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 26.30%, the RSI 9-day stood at 21.67% on 22 September.
With respect to its five-day moving average, the current Physicians Realty Trust price is down by -6.24% percent or -$0.82. At present, DOC shares trade -9.08% below its 20-day simple moving average and -14.03% percent below its 100-day simple moving average. However, the stock is currently trading approximately -14.21% below its SMA50 and -18.14% below its SMA200.
Stochastic coefficient K was 4.87% and Stochastic coefficient D was 4.76%, while ATR was 0.30. Given the Stochastic reading of 2.51% for the 14-day period, the RSI (14) reading has been calculated as 25.69%. As of today, the MACD Oscillator reading stands at -0.41, while the 14-day reading stands at -0.57.
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 $15.00, 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 $15.66.
