Healthpeak Properties Inc. [NYSE: PEAK] traded at a high on 11/13/20, posting a 3.95 gain after which it closed the day’ session at $29.71.
The results of the trading session contributed to over 4633099 shares changing hands. Over the past one week, the price volatility of Healthpeak Properties Inc. stands at 5.49% while the volatility over the past one month is 3.81%.
The market cap for PEAK stock reached $15.39 billion, with 538.33 million shares outstanding and 537.53 million shares in the current float. Compared to the average trading volume of 3.74M shares, PEAK reached a trading volume of 4633099 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $29.56 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.
Mizuho have made an estimate for Healthpeak Properties Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 16, 2020. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on September 02, 2020, representing the official price target for Healthpeak Properties Inc. stock.
The Average True Range (ATR) for Healthpeak Properties Inc. is set at 1.14, with the Price to Sales ratio for PEAK stock in the period of the last 12 months amounting to 6.68. The Price to Book ratio for the last quarter was 2.34, with the Price to Cash per share for the same quarter was set at 0.38.
How has PEAK stock performed recently?
Healthpeak Properties Inc. [PEAK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.80. With this latest performance, PEAK shares gained by 7.57% in over the last four-week period, additionally plugging by 23.48% over the last 6 months – not to mention a drop of -12.59% 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 59.49, with the RSI for the last a single of trading hit 63.32, and the three-weeks RSI is set at 57.91 for Healthpeak Properties Inc. [PEAK]. The present Moving Average for the last 50 days of trading for this stock 27.88, while it was recorded at 29.17 for the last single week of trading, and 27.66 for the last 200 days.
Healthpeak Properties Inc. [PEAK]: Deeper insight into the fundamentals
Earnings analysis for Healthpeak Properties Inc. [PEAK]
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 0.08/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.50%. 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%.
Insider trade positions for Healthpeak Properties Inc. [PEAK]
There are presently around $15,452 million, or 96.00% 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 53,234,739 shares of the stock with an approximate value of $1.58 billion in PEAK stocks shares; and STATE STREET CORP, currently with $952.02 million in PEAK stock with ownership of nearly -7.055% of the company’s market capitalization.
256 institutional holders increased their position in Healthpeak Properties Inc. [NYSE:PEAK] by around 59,038,952 shares. Additionally, 275 investors decreased positions by around 34,452,798 shares, while 84 investors held positions by with 426,591,224 shares. The mentioned changes placed institutional holdings at 520,082,974 shares, according to the latest SEC report filing. PEAK stock had 46 new institutional investments in for a total of 7,620,714 shares, while 57 institutional investors sold positions of 5,332,826 shares during the same period.