Medical Properties Trust Inc. (MPW) Price Targets: What Do They Mean?

As of Thursday close, Medical Properties Trust Inc.’s (NYSE:MPW) stock was up $0.11, moving up 1.49 percent to $7.50. The average number of shares traded per day over the past five days has been 16,003,880 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.63 fall in that time frame. In the last twenty days, the average volume was 12,332,266, while in the previous 50 days, it was 10,997,208.

Since last month, MPW stock retreated -28.09%. Shares of the company fell to $7.29 on 08/17/23, the lowest level in the past month. A 52-week high of $16.65 was reached on 01/24/23 after having rallying from a 52-week low of $7.10. Since the beginning of this year, MPW’s stock price has dropped by -32.68% or -$3.64, and marked a new high 10 times. However, the stock has declined by -54.95% since its 52-week high.

Top 5 AI Stocks to Buy for 2023

The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything. According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.

Click Here to Download the FREE Report.

Sponsored

Valuation Metrics

Right now, Medical Properties Trust Inc. (MPW) has a P/E ratio of about 64.10. The stock’s beta is 1.07. Besides these, the trailing price-to-sales (P/S) ratio of 3.18, the price-to-book (PB) ratio of 0.54.

The latest dividend of $0.29 per share was paid out, remained unchanged from last year’s $0.29. On Friday February 18 2022, a $0.01 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.23, and the total debt-to-equity ratio was 1.23. On the profitability front, the trailing twelve-month gross margin is 96.60% percent. In the year ended June 29, operating margins totaled 17.30%. Based on annual data, MPW earned $644.65 million in gross profit and brought in $1.54 billion 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 3.60%. Return on equity (ROE) for the past 12 months was 0.80%.

In Medical Properties Trust Inc.’s quarter-end financial report for June 29, it reported total debt of $10.24 billion against cash and short-term investments of $299.33 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. MPW’s revenue fell -18.62% to $350.21 million during the quarter, while net income inched up to $337.4 million. While analysts expected Medical Properties Trust Inc. to report $0.22 quarterly earnings, the actual figure was -$0.07 per share, beating the consensus estimate by -131.80%. During the quarter, the company generated $180.29 million in EBITDA. The value of shareholders’ equity is $598.4 million.

Technical Picture

This quick technical analysis looks at Medical Properties Trust Inc.’s (MPW) price momentum. With a historical volatility rate of 69.61%, the RSI 9-day stood at 17.69% on 17 August.

With respect to its five-day moving average, the current Medical Properties Trust Inc. price is down by -7.75% percent or -$0.63. At present, MPW shares trade -26.97% below its 20-day simple moving average and -0.40% percent below its 100-day simple moving average. However, the stock is currently trading approximately -16.48% below its SMA50 and -35.29% below its SMA200.

Stochastic coefficient K was 4.14% and Stochastic coefficient D was 6.99%, while ATR was 0.41. Given the Stochastic reading of 7.19% for the 14-day period, the RSI (14) reading has been calculated as 23.90%. As of today, the MACD Oscillator reading stands at -0.70, while the 14-day reading stands at -1.33.

Analyst Ratings

Medical Properties Trust Inc. downgraded its rating on Medical Properties Trust Inc. (NYSE: MPW) to an Underperform in a note to investors on August 11, 2023. The analysts firm previously had a Strong buy rating on the stock.Medical Properties Trust Inc. (MPW) has been rated Overweight by analysts. According to 1 brokerage firm, MPW is a sell, and 5 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Medical Properties Trust Inc. stock as buy, with 5 recommending it as overweight.

With a median target price of $10.00, the current consensus forecast for the stock is $7.00 – $18.00. Based on these forecasts, analysts predict Medical Properties Trust Inc. (MPW) will achieve an average price target of $10.82.

Most Popular

Related Posts