Office Properties Income Trust [NASDAQ: OPI] price plunged by -16.98 percent to reach at -$0.04.
A sum of 12921565 shares traded at recent session while its average daily volume was at 11.79M shares. Office Properties Income Trust shares reached a high of $0.2422 and dropped to a low of $0.2 until finishing in the latest session at $0.2.
The one-year OPI stock forecast points to a potential upside of 73.33. The average equity rating for OPI stock is currently 5.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Office Properties Income Trust [OPI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OPI shares is $0.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OPI stock is a recommendation set at 5.00. 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.
RBC Capital Mkts have made an estimate for Office Properties Income Trust shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on March 07, 2023. While these analysts kept the previous recommendation, JMP Securities raised their target price to Mkt Perform. The new note on the price target was released on June 08, 2020, representing the official price target for Office Properties Income Trust stock.
The Price to Book ratio for the last quarter was 0.01, with the Price to Cash per share for the same quarter was set at 1.24.
OPI Stock Performance Analysis:
Office Properties Income Trust [OPI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -48.68. With this latest performance, OPI shares dropped by -11.47% in over the last four-week period, additionally sinking by -47.37% over the last 6 months – not to mention a drop of -80.00% 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 OPI stock in for the last two-week period is set at 39.17, with the RSI for the last a single of trading hit 0.0878, and the three-weeks RSI is set at 0.0820 for Office Properties Income Trust [OPI]. The present Moving Average for the last 50 days of trading for this stock 0.3000, while it was recorded at 0.2668 for the last single week of trading, and 0.4950 for the last 200 days.
Insight into Office Properties Income Trust Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Office Properties Income Trust [OPI] shares currently have an operating margin of 14.06% and a Gross Margin at 40.40%. Office Properties Income Trust’s Net Margin is presently recorded at -62.98%.
Office Properties Income Trust (OPI) Capital Structure & Debt Analysis
According to recent financial data for Office Properties Income Trust. ( OPI), the Return on Equity (ROE) stands at -24.55%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -7.99%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Office Properties Income Trust’s Return on Invested Capital (ROIC) is -8.58%, showcasing its effectiveness in deploying capital for earnings.
Office Properties Income Trust (OPI) Efficiency & Liquidity Metrics
Based on Office Properties Income Trust’s (OPI) latest financial statements, the Debt-to-Equity Ratio is 2.23%, indicating its reliance on debt financing relative to shareholder equity.
Office Properties Income Trust (OPI) Efficiency & Liquidity Metrics
OPI Stock EPS
With the latest financial reports released by the company, Office Properties Income Trust posted -0.48/share EPS, while the average EPS was predicted by analysts to be reported at -0.57/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.09. 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 OPI.
Office Properties Income Trust [OPI] Institutonal Ownership Details
There are presently around $27.04%, or 27.50%% of OPI stock, in the hands of institutional investors. The top three institutional holders of OPI stocks are: VANGUARD GROUP INC with ownership of 4.81 million shares, which is approximately 9.8898%. CASTLEKNIGHT MANAGEMENT LP, holding 2.25 million shares of the stock with an approximate value of $$4.59 million in OPI stocks shares; and CASTLEKNIGHT MANAGEMENT LP, currently with $$4.57 million in OPI stock with ownership which is approximately 4.603%.