Medical Properties Trust Inc (NYSE:MPW) finished Thursday with an addition of $0.2 to close at $5.23, an upside of 3.98 percent. An average of 15,498,780 shares of common stock have been traded in the last five days. There was a fall of -$0.08 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 13,135,030 shares traded, while the 50-day average volume stands at 13,664,624.
MPW stock has decreased by -28.16% in the last month. The company shares reached their 1-month lowest point of $4.97 on 09/27/23. With the stock rallying to its 52-week high on 01/24/23, shares of the company touched a low of $4.97 and a high of $14.00 in 52 weeks. It has reached a new high 10 times so far this year and lost -53.05% or -$5.91 in price. In spite of this, the price is down -62.64% from the 52-week high.
Valuation Metrics
Medical Properties Trust Inc (MPW) has a trailing price-to-earnings (P/E) ratio of 44.82. The stock’s beta is 1.13. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.20, the price-to-book (PB) ratio at 0.38, and the price-to-cash flow ratio at 5.15.
The company has a payout ratio of 77.10%. The company’s most recent quarterly dividend payment was $0.15 a share, representing a down of -48.28% from $0.29 last year. Its latest decrease dividend $0.14 reported on Monday August 21 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 1.17 and a total debt to equity ratio of 1.23 for the quarter ending June 29. Its gross profit as reported stood at $644.65 million compared to revenue of $1.54 billion.
Earnings Surprise
For the three-month period that ended June 29, Medical Properties Trust Inc had $10.24 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$42.04 million in the quarter, while revenues of $32.79 million were grew 551.0%. The analyst consensus anticipated Medical Properties Trust Inc’s latest quarter earnings to come in at $0.22 per share, but it turned out to be -$0.07, a -131.80% surprise. For the quarter, EBITDA amounted to $180.29 million. At the end of the quarter ending June 29, Medical Properties Trust Inc’s stock balance sheet showed total debt was $10.24 billion. Shareholders own equity worth $598.4 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Medical Properties Trust Inc (MPW) price momentum. RSI 9-day as of the close on 28 September was 24.18%, suggesting the stock is oversold, with historical volatility in this time frame at 51.54%.
As of today, MPW’s price is $5.18 -1.51% or -$0.08 from its 5-day moving average. MPW is currently trading -28.75% lower than its 20-day SMA and -39.26% lower than its 100-day SMA. However, the stock’s current price level is -49.86% below the SMA50 and -55.68% below the SMA200.
The stochastic %K and %D were 7.00% and 5.64%, respectively, and the average true range (ATR) was 0.27. With the 14-day stochastic at 15.09% and the average true range at 0.28, the RSI (14) stands at 23.96%. The stock has reached -0.36 on the 9-day MACD Oscillator while the 14-day reading was at -0.72.
Analyst Ratings
Mizuho downgraded Medical Properties Trust Inc (NYSE: MPW) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Medical Properties Trust Inc (MPW) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell MPW, while 5 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 3 others rate it as a “buy”.
What is MPW’s price target for the next 12 months?
Analysts predict a range of price targets between $6.00 and $12.00, with a median target of $8.50. Taking a look at these predictions, the average price target given by analysts for Medical Properties Trust Inc (MPW) stock is $8.70.
