Healthpeak Properties Inc. [NYSE: PEAK] stock went on a downward path that fall over -0.42% on Monday, amounting to a one-week price increase of more than 0.81%. The company report on September 23, 2020 that Healthpeak Properties™ to Report Third Quarter 2020 Financial Results and Host Conference Call/Webcast.
Healthpeak Properties, Inc. (NYSE: PEAK) is scheduled to report its third quarter 2020 financial results after the close of trading on the New York Stock Exchange on Monday, November 2, 2020. Healthpeak will host a conference call and webcast on Tuesday, November 3, 2020, at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time) in order to review its financial performance and operating results for the third quarter ended September 30, 2020.
The dial-in number for the conference call is (888) 317-6003 (U.S.) or (412) 317-6061 (international). The conference ID number is 4391911. You may also access the conference call via webcast at www.healthpeak.com under Investor Relations. An archive of the webcast will be available on Healthpeak’s website through November 3, 2021, and a telephonic replay can be accessed through November 17, 2020 by calling (877) 344-7529 (U.S.) or (412) 317-0088 (international) and entering conference ID number 10147622.
Over the last 12 months, PEAK stock dropped by -21.57%. The one-year Healthpeak Properties Inc. stock forecast points to a potential upside of 2.43. The average equity rating for PEAK stock is currently 2.30, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $15.57 billion, with 538.26 million shares outstanding and 537.48 million shares in the current float. Compared to the average trading volume of 3.44M shares, PEAK stock reached a trading volume of 2294854 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Healthpeak Properties Inc. [PEAK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PEAK shares is $29.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PEAK stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Healthpeak Properties Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 02, 2020. The new note on the price target was released on April 29, 2020, representing the official price target for Healthpeak Properties Inc. stock.
The Average True Range (ATR) for Healthpeak Properties Inc. is set at 0.84, with the Price to Sales ratio for PEAK stock in the period of the last 12 months amounting to 6.94. The Price to Book ratio for the last quarter was 2.16, with the Price to Cash per share for the same quarter was set at 1.34.
PEAK Stock Performance Analysis:
Healthpeak Properties Inc. [PEAK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.81. With this latest performance, PEAK shares gained by 2.22% in over the last four-week period, additionally plugging by 4.28% over the last 6 months – not to mention a drop of -21.57% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PEAK stock in for the last two-week period is set at 56.38, with the RSI for the last a single of trading hit 58.39, and the three-weeks RSI is set at 54.57 for Healthpeak Properties Inc. [PEAK]. The present Moving Average for the last 50 days of trading for this stock 27.76, while it was recorded at 28.55 for the last single week of trading, and 28.56 for the last 200 days.
Insight into Healthpeak Properties Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Healthpeak Properties Inc. [PEAK] shares currently have an operating margin of +6.54 and a Gross Margin at +22.83. Healthpeak Properties Inc.’s Net Margin is presently recorded at +2.20.
Return on Total Capital for PEAK is now 1.03, given the latest momentum, and Return on Invested Capital for the company is 0.37. Return on Equity for this stock inclined to 0.73, with Return on Assets sitting at 0.33. When it comes to the capital structure of this company, Healthpeak Properties Inc. [PEAK] has a Total Debt to Total Equity ratio set at 106.95. Additionally, PEAK Total Debt to Total Capital is recorded at 51.68, with Total Debt to Total Assets ending up at 46.38. Long-Term Debt to Equity for the company is recorded at 105.36, with the Long-Term Debt to Total Capital now at 50.91.
Reflecting on the efficiency of the workforce at the company, Healthpeak Properties Inc. [PEAK] managed to generate an average of $215,623 per employee. Receivables Turnover for the company is 37.13 with a Total Asset Turnover recorded at a value of 0.15.
PEAK Stock EPS
With the latest financial reports released by the company, Healthpeak Properties Inc. posted -0.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.05/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -280.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PEAK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Healthpeak Properties Inc. go to 2.50%.
Healthpeak Properties Inc. [PEAK] Insider Position Details
There are presently around $14,471 million, or 95.70% of PEAK stock, in the hands of institutional investors. The top three institutional holders of PEAK stocks are: VANGUARD GROUP INC with ownership of 85,552,035, which is approximately 1.657% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 51,889,238 shares of the stock with an approximate value of $1.48 billion in PEAK stocks shares; and STATE STREET CORP, currently with $982.91 million in PEAK stock with ownership of nearly -1.654% of the company’s market capitalization.
Positions in Healthpeak Properties Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 256 institutional holders increased their position in Healthpeak Properties Inc. [NYSE:PEAK] by around 44,433,951 shares. Additionally, 305 investors decreased positions by around 44,111,746 shares, while 80 investors held positions by with 419,025,223 shares. The mentioned changes placed institutional holdings at 507,570,920 shares, according to the latest SEC report filing. PEAK stock had 70 new institutional investments in for a total of 12,680,978 shares, while 81 institutional investors sold positions of 6,450,954 shares during the same period.