Market Analysts see Healthpeak Properties Inc. [PEAK] gaining to $32. Time to buy?

Healthpeak Properties Inc. [NYSE: PEAK] traded at a high on 07/21/21, posting a 0.36 gain after which it closed the day’ session at $36.13. The company report on July 14, 2021 that Healthpeak Properties Publishes Its 10th Annual ESG Report.

Healthpeak Properties, Inc. (NYSE: PEAK) announced that it has published its 10th annual ESG Report. As the first U.S. healthcare REIT to publish an ESG report, Healthpeak has been committed to corporate responsibility and transparent reporting for over a decade. This 10th annual ESG Report covers Healthpeak’s leadership in environmental, social and governance (ESG) initiatives and 2020 performance. It was prepared in accordance with disclosure standards established by the Task Force on Climate-Related Financial Disclosures (TCFD), Sustainability Accounting Standards Board (SASB) and Global Reporting Initiatives (GRI).

“Healthpeak has been committed to advancing ESG initiatives for over a decade, undertaking opportunities that seek to increase long-term stockholder value, reduce our carbon footprint, and positively impact our employees, tenants and communities,” said Tom Herzog, Healthpeak’s Chief Executive Officer. “We are proud to present our 10th annual ESG Report, which highlights our achievements and industry leadership.”.

The results of the trading session contributed to over 2733472 shares changing hands. Over the past one week, the price volatility of Healthpeak Properties Inc. stands at 1.95% while the volatility over the past one month is 1.80%.

The market cap for PEAK stock reached $19.32 billion, with 538.68 million shares outstanding and 537.80 million shares in the current float. Compared to the average trading volume of 3.12M shares, PEAK reached a trading volume of 2733472 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 $35.13 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 July 14, 2021. The new note on the price target was released on May 20, 2021, representing the official price target for Healthpeak Properties Inc. stock. Previously, the target price had yet another raise from $34 to $35.50, while BofA Securities kept a Buy rating on PEAK stock.

The Average True Range (ATR) for Healthpeak Properties Inc. is set at 0.68, with the Price to Sales ratio for PEAK stock in the period of the last 12 months amounting to 11.24. The Price to Book ratio for the last quarter was 2.88, with the Price to Cash per share for the same quarter was set at 0.06.

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 3.32. With this latest performance, PEAK shares gained by 6.77% in over the last four-week period, additionally plugging by 19.79% over the last 6 months – not to mention a rise of 39.66% 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 65.65, with the RSI for the last a single of trading hit 69.43, and the three-weeks RSI is set at 62.91 for Healthpeak Properties Inc. [PEAK]. The present Moving Average for the last 50 days of trading for this stock 33.99, while it was recorded at 35.58 for the last single week of trading, and 31.30 for the last 200 days.

Healthpeak Properties Inc. [PEAK]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Healthpeak Properties Inc. [PEAK] shares currently have an operating margin of +23.65 and a Gross Margin at +19.75. Healthpeak Properties Inc.’s Net Margin is presently recorded at +9.26.

Return on Total Capital for PEAK is now 2.71, given the latest momentum, and Return on Invested Capital for the company is 1.11. Return on Equity for this stock inclined to 2.23, with Return on Assets sitting at 0.96. When it comes to the capital structure of this company, Healthpeak Properties Inc. [PEAK] has a Total Debt to Total Equity ratio set at 95.43. Additionally, PEAK Total Debt to Total Capital is recorded at 48.83, with Total Debt to Total Assets ending up at 40.69. Long-Term Debt to Equity for the company is recorded at 93.16, with the Long-Term Debt to Total Capital now at 47.67.

Reflecting on the efficiency of the workforce at the company, Healthpeak Properties Inc. [PEAK] managed to generate an average of $662,198 per employee. Receivables Turnover for the company is 10.62 with a Total Asset Turnover recorded at a value of 0.10.

Earnings analysis for Healthpeak Properties Inc. [PEAK]

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 1.70%.

Insider trade positions for Healthpeak Properties Inc. [PEAK]

There are presently around $18,661 million, or 98.10% of PEAK stock, in the hands of institutional investors. The top three institutional holders of PEAK stocks are: VANGUARD GROUP INC with ownership of 84,995,309, which is approximately 1.334% of the company’s market cap and around 0.20% of the total institutional ownership; COHEN & STEERS, INC., holding 70,123,019 shares of the stock with an approximate value of $2.53 billion in PEAK stocks shares; and BLACKROCK INC., currently with $2.0 billion in PEAK stock with ownership of nearly -1.701% of the company’s market capitalization.

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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 284 institutional holders increased their position in Healthpeak Properties Inc. [NYSE:PEAK] by around 34,755,313 shares. Additionally, 268 investors decreased positions by around 34,026,885 shares, while 98 investors held positions by with 447,722,743 shares. The mentioned changes placed institutional holdings at 516,504,941 shares, according to the latest SEC report filing. PEAK stock had 64 new institutional investments in for a total of 3,303,751 shares, while 60 institutional investors sold positions of 3,268,184 shares during the same period.

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