Growth Story Still Intact For Physicians Realty Trust (DOC)

Physicians Realty Trust (DOC) concluded trading on Wednesday at a closing price of $11.14, with 6.05 million shares of worth about $67.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.21% during that period and on on Wednesday the price saw a gain of about 1.92%. Currently the company’s common shares owned by public are about 238.52M shares, out of which, 236.10M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 41 times over the past 12 months. They bought 295,225 shares in 26 of the transactions. In 15 selling transactions, insiders dumped 306,492 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the stock later moved at a day high price of 11.31, or with a gain of 1.92%. Stock saw a price change of -1.50% in past 5 days and over the past one month there was a price change of -12.56%. Year-to-date (YTD), DOC shares are showing a performance of -16.30% which decreased to -25.08% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.52 but also hit the highest price of $15.21 during that period. The average intraday trading volume for Physicians Realty Trust shares is 2.46 million. The stock is currently trading -4.41% below its 20-day simple moving average (SMA20), while that difference is down -11.32% for SMA50 and it goes to -14.04% lower than SMA200.

Physicians Realty Trust (NYSE: DOC) currently have 238.52M outstanding shares and institutions hold larger chunk of about 89.76% of that.

The stock has a current market capitalization of $2.66B and its 3Y-monthly beta is at 0.82. PE ratio of stock for trailing 12 months is 64.10, while it has posted earnings per share of $0.17 in the same period. It has a debt-to-equity ratio of 0.76. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DOC, volatility over the week remained 2.80% while standing at 2.67% over the month.

Analysts are in expectations that Physicians Realty Trust (DOC) stock would likely to be making an EPS of $0.05 in the current quarter, while forecast for next quarter EPS is $0.05 and it is $0.22 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.05 which is $0.06 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.04 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 25.64% while it is estimated to increase by 5.30% in next year. EPS is likely to grow at an annualized rate of -10.10% for next 5-years, compared to annual growth of -10.31% made by the stock over the past 5-years.

Coverage by JMP Securities stated Physicians Realty Trust (DOC) stock as a Mkt outperform in their note to investors on May 26, 2023, suggesting a price target of $15.50 for the stock. On April 20, 2023, Wells Fargo Initiated their recommendations, while on December 14, 2022, KeyBanc Capital Markets Upgrade their ratings for the stock with a price target of $17. Stock get a Neutral rating from JP Morgan on October 28, 2022.

Most Popular

Related Posts