May 22, 2023, Piedmont Office Realty Trust Inc. (NYSE: PDM) trading session started at the price of $6.51, that was 2.79% jump from the session before. During the day, the shares moved up to $6.675 and dropped to $6.425 before settling in for the closing price of $6.46. A 52-week range for PDM has been $5.99 – $14.84.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Real Estate sector was -0.40%. When this article was written, the company’s average yearly earnings per share was at -102.50%. With a float of $122.26 million, this company’s outstanding shares have now reached $123.55 million.
Considering the fact that the conglomerate employs 149 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +23.11, operating margin of +17.16, and the pretax margin is +29.99.
Piedmont Office Realty Trust Inc. (PDM) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Piedmont Office Realty Trust Inc. stocks. The insider ownership of Piedmont Office Realty Trust Inc. is 0.50%, while institutional ownership is 87.70%. The most recent insider transaction that took place on Mar 20, was worth 501,473. In this transaction Director of this company bought 70,000 shares at a rate of $7.16, taking the stock ownership to the 197,518 shares. Before that another transaction happened on Mar 20, when Company’s Director bought 10,000 for $7.05, making the entire transaction worth $70,544. This insider now owns 45,762 shares in total.
Piedmont Office Realty Trust Inc. (PDM) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 3/30/2023, it has been observed that the corporation posted -$0.01 earnings per share (EPS) during the time that was better than consensus figure (set at -$0.01) by $0. This company achieved a net margin of +29.99 while generating a return on equity of 8.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -102.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.00% during the next five years compared to 5.30% growth over the previous five years of trading.
Piedmont Office Realty Trust Inc. (NYSE: PDM) Trading Performance Indicators
You can see what Piedmont Office Realty Trust Inc. (PDM) is doing with its current performance indicators. In the most recent quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 1.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.69, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Piedmont Office Realty Trust Inc. (PDM)
Compared to the last year’s volume of 1.36 million, its volume of 1.38 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.56%. Additionally, its Average True Range was 0.26.
During the past 100 days, Piedmont Office Realty Trust Inc.’s (PDM) raw stochastic average was set at 12.16%, which indicates a significant decrease from 92.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.65% in the past 14 days, which was lower than the 40.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.74, while its 200-day Moving Average is $9.54. Nevertheless, the first resistance level for the watch stands at $6.74 in the near term. At $6.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.99. If the price goes on to break the first support level at $6.49, it is likely to go to the next support level at $6.33. Now, if the price goes above the second support level, the third support stands at $6.24.
Piedmont Office Realty Trust Inc. (NYSE: PDM) Key Stats
There are 123,643K outstanding shares of the company, which has a market capitalization of 810.81 million. As of now, sales total 563,770 K while income totals 146,830 K. Its latest quarter income was 142,370 K while its last quarter net income were -1,370 K.
