Welltower Inc. [WELL] moved up 0.11: Why It’s Important

Welltower Inc. [NYSE: WELL] gained 0.11% on the last trading session, reaching $120.68 price per share at the time.

If compared to the average trading volume of 2.93M shares, WELL reached a trading volume of 7190719 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Welltower Inc. [WELL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WELL shares is $121.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WELL stock is a recommendation set at 1.58. 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.

Exane BNP Paribas have made an estimate for Welltower Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 18, 2024. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Buy. The new note on the price target was released on January 30, 2024, representing the official price target for Welltower Inc. stock. Previously, the target price had yet another raise from $92 to $99, while JP Morgan kept a Overweight rating on WELL stock. On November 28, 2023, analysts increased their price target for WELL shares from 92 to 97.

The Average True Range (ATR) for Welltower Inc. is set at 1.89, with the Price to Sales ratio for WELL stock in the period of the last 12 months amounting to 10.37. The Price to Book ratio for the last quarter was 2.53, with the Price to Cash per share for the same quarter was set at 4.70. Price to Free Cash Flow for WELL in the course of the last twelve months was 58.04.

Trading performance analysis for WELL stock

Welltower Inc. [WELL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.10. With this latest performance, WELL shares gained by 7.38% in over the last four-week period, additionally plugging by 30.16% over the last 6 months – not to mention a rise of 45.56% 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 WELL stock in for the last two-week period is set at 73.02, with the RSI for the last a single of trading hit 74.74, and the three-weeks RSI is set at 71.55 for Welltower Inc. [WELL]. The present Moving Average for the last 50 days of trading for this stock 110.85, while it was recorded at 120.36 for the last single week of trading, and 97.39 for the last 200 days.

Welltower Inc. [WELL]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Welltower Inc. posted 0.24/share EPS, while the average EPS was predicted by analysts to be reported at 0.19/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.05. 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 WELL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Welltower Inc. go to 55.38%.

An analysis of Institutional ownership at Welltower Inc. [WELL]

There are presently around $97.84%, or 97.93%% of WELL stock, in the hands of institutional investors. The top three institutional holders of WELL stocks are: VANGUARD GROUP INC with ownership of 94.38 million shares, which is approximately 16.4407%. BLACKROCK INC., holding 58.98 million shares of the stock with an approximate value of $$6.15 billion in WELL stocks shares; and BLACKROCK INC., currently with $$4.06 billion in WELL stock with ownership which is approximately 6.7792%.