Healthcare Realty Trust Inc (NYSE:HR) saw a downside of -2.66% to close Tuesday at $15.01 after subtracting -$0.41 on the day. The 5-day average trading volume is 2,621,220 shares of the company’s common stock. It has gained $16.52 in the past week and touched a new high 1 time within the past 5 days. An average of 2,776,470 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,522,404.
HR’s 1-month performance is -9.90% or -$1.65 on its low of $14.94 reached on 09/26/23. The company’s shares have touched a 52-week low of $15.32 and high of $22.35, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, HR has lost -22.11% or -$4.26 and has reached a new high 9 times. However, the current price is down -32.86% from the 52-week high price.
Insider Transactions
HR stock investors last saw insider trading activity on Aug 16.Hull Robert E (EVP – Investments) most recently sold 7,341 shares at $20.13 per share on Dec 13. This transaction cost the insider $147,774. EVP and General Counsel, BRYANT JOHN M JR, sold 6,800 shares at a price of $20.13 on Dec 13.
Valuation Metrics
HR stock has a beta of 0.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.35 while the price-to-book (PB) in the most recent quarter is 0.80, with the price to cash flow ratio at 13.75.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.79, while the total debt to equity was 0.79.. In terms of profitability, the gross margin trailing 12 months is 9.69%. The firm’s gross profit as reported stood at -$23.83 million against revenue of $932.64 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 107.41% to -$82.76 million, while revenue of -$87.13 million was -5.28% off the previous quarter. Analysts expected HR to announce -$0.13 per share in earnings in its latest quarter, but it posted -$0.22, representing a -69.20% surprise. EBITDA for the quarter stood at more than $216.58 million. Shareholders hold equity totaling $380.86 million.
Let’s look briefly at Healthcare Realty Trust Inc (HR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 18.86% to suggest the stock is trending oversold, with historical volatility in this time period at 29.58%.
The stock’s 5-day moving average is $15.52, reflecting a -7.12% or -$1.15 change from its current price. HR is currently trading -10.33% above its 20-day SMA, -24.61% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -20.50% and SMA200 by-23.92%.
Stochastic %K and %D was 5.47% and 4.42% and the average true range (ATR) pointed at 0.39. The RSI (14) points at 23.61%, while the 14-day stochastic is at 3.32% with the period’s ATR at 0.39. The stock’s 9-day MACD Oscillator is pointing at -0.63 and -0.83 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Healthcare Realty Trust Inc (NYSE: HR), Wells Fargo launched coverage with an Equal weight rating. Analysts offering their rating for HR stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate HR as a “sell,”, while 8 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 2 have offered a “buy” rating.
What is HR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $17.00 and a high of $24.00, with their median price target at $19.50. Looking at these predictions, the average price target given by analysts is for Healthcare Realty Trust Inc (HR) stock is $20.38.
