Brandywine Realty Trust (BDN): What Technical Indicators Show

Brandywine Realty Trust (NYSE:BDN) saw a downside of -2.07% to close Tuesday at $4.26 after subtracting -$0.09 on the day. The 5-day average trading volume is 3,039,680 shares of the company’s common stock. It has gained $5.06 in the past week and touched a new high 1 time within the past 5 days. An average of 2,249,845 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,928,268.

BDN’s 1-month performance is -8.78% or -$0.41 on its low of $4.23 reached on 09/25/23. The company’s shares have touched a 52-week low of $3.42 and high of $7.43, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, BDN has lost -30.73% or -$1.89 and has reached a new high 5 times. However, the current price is down -42.70% from the 52-week high price.

Valuation Metrics

BDN stock has a beta of 1.18. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.44 while the price-to-book (PB) in the most recent quarter is 0.47, with the price to cash flow ratio at 4.59.

. In terms of profitability, the gross margin trailing 12 months is 26.11%. The firm’s gross profit as reported stood at $119.73 million against revenue of $506.1 million.

Earnings Surprise

Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 135.19% to -$12.9 million, while revenue of -$5.33 million was 58.68% off the previous quarter. EBITDA for the quarter stood at more than $69.18 million. Shareholders hold equity totaling $172.1 million.

Let’s look briefly at Brandywine Realty Trust (BDN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 25.19% to suggest the stock is trending oversold, with historical volatility in this time period at 66.65%.

The stock’s 5-day moving average is $4.46, reflecting a -13.24% or -$0.65 change from its current price. BDN is currently trading -11.80% above its 20-day SMA, +17.36% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -6.37% and SMA200 by-31.84%.

Stochastic %K and %D was 11.01% and 14.32% and the average true range (ATR) pointed at 0.20. The RSI (14) points at 32.59%, while the 14-day stochastic is at 3.61% with the period’s ATR at 0.19. The stock’s 9-day MACD Oscillator is pointing at -0.35 and -0.42 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Brandywine Realty Trust (NYSE: BDN), KeyBanc Capital Markets launched coverage with an Overweight rating. Analysts offering their rating for BDN stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate BDN as a “sell,”, while 3 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.

What is BDN’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $2.75 and a high of $8.00, with their median price target at $6.00. Looking at these predictions, the average price target given by analysts is for Brandywine Realty Trust (BDN) stock is $5.54.

Most Popular

Related Posts