why Healthpeak Properties Inc [DOC] is a Good Choice for Investors After New Price Target of $25.43

Healthpeak Properties Inc [NYSE: DOC] plunged by -$0.56 during the normal trading session on while it closed the day at $21.79.

Healthpeak Properties Inc stock has also loss -3.20% of its value over the past 7 days. However, DOC stock has declined by 0.00% in the 3 months of the year. Over the past six months meanwhile, it has gained 9.94% and gained 10.05% year-on date.

The market cap for DOC stock reached $15.55 billion, with 699.44 million shares outstanding and 697.28 million shares in the current float. Compared to the average trading volume of 5.10M shares, DOC reached a trading volume of 5056003 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Healthpeak Properties Inc [DOC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DOC shares is $25.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DOC stock is a recommendation set at 1.63. 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.

Deutsche Bank have made an estimate for Healthpeak Properties Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 21, 2024. The new note on the price target was released on May 03, 2024, representing the official price target for Healthpeak Properties Inc stock. Previously, the target price had yet another raise from $19 to $21, while Exane BNP Paribas kept a Outperform rating on DOC stock.

The Average True Range (ATR) for Healthpeak Properties Inc is set at 0.52, with the Price to Sales ratio for DOC stock in the period of the last 12 months amounting to 6.08. The Price to Book ratio for the last quarter was 1.78, with the Price to Cash per share for the same quarter was set at 0.34. Price to Free Cash Flow for DOC in the course of the last twelve months was 18.11.

DOC stock trade performance evaluation

Healthpeak Properties Inc [DOC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.20. With this latest performance, DOC shares dropped by -0.41% in over the last four-week period, additionally plugging by 9.94% over the last 6 months – not to mention a rise of 36.70% 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 DOC stock in for the last two-week period is set at 43.00, with the RSI for the last a single of trading hit 39.00, and the three-weeks RSI is set at 45.48 for Healthpeak Properties Inc [DOC]. The present Moving Average for the last 50 days of trading for this stock 22.32, while it was recorded at 22.36 for the last single week of trading, and 20.03 for the last 200 days.

Earnings per share (EPS) analysis for Healthpeak Properties Inc [DOC] stock

With the latest financial reports released by the company, Healthpeak Properties Inc posted 0.13/share EPS, while the average EPS was predicted by analysts to be reported at 0.1/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. 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 DOC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Healthpeak Properties Inc go to 4.99%.

Healthpeak Properties Inc [DOC]: Institutional Ownership

There are presently around $94.61%, or 94.91%% of DOC stock, in the hands of institutional investors. The top three institutional holders of DOC stocks are: VANGUARD GROUP INC with ownership of 112.91 million shares, which is approximately 16.0758%. BLACKROCK INC., holding 77.04 million shares of the stock with an approximate value of $$1.51 billion in DOC stocks shares; and BLACKROCK INC., currently with $$929.29 million in DOC stock with ownership which is approximately 6.7503%.