Hudson Pacific Properties Inc (HPP)’s latest performance is not what we had anticipated

Hudson Pacific Properties Inc (NYSE: HPP) kicked off on Monday, down -4.22% from the previous trading day, before settling in for the closing price of $4.98. Over the past 52 weeks, HPP has traded in a range of $4.26-$9.85.

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Annual sales at Real Estate sector company grew by 5.88% over the past five years. While this was happening, its average annual earnings per share was recorded -10.29%. With a float of $137.19 million, this company’s outstanding shares have now reached $141.03 million.

Let’s look at the performance matrix of the company that is accounted for 758 employees. In terms of profitability, gross margin is 29.04%, operating margin of 14.05%, and the pretax margin is -24.75%.

Hudson Pacific Properties Inc (HPP) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the REIT – Office Industry. The insider ownership of Hudson Pacific Properties Inc is 2.86%, while institutional ownership is 105.44%. The most recent insider transaction that took place on Sep 20 ’24, was worth 49,400. Before that another transaction happened on Sep 20 ’24, when Company’s Chief Operating Officer sold 9,356 for $5.28, making the entire transaction worth $49,400. This insider now owns 61,068 shares in total.

Hudson Pacific Properties Inc (HPP) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.27 earnings per share (EPS), higher than consensus estimate (set at -0.31) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.34 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -10.29% per share during the next fiscal year.

Hudson Pacific Properties Inc (NYSE: HPP) Trading Performance Indicators

Take a look at Hudson Pacific Properties Inc’s (HPP) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.76. Likewise, its price to free cash flow for the trailing twelve months is 4.02.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.67, a number that is poised to hit -0.41 in the next quarter and is forecasted to reach -1.37 in one year’s time.

Technical Analysis of Hudson Pacific Properties Inc (HPP)

Hudson Pacific Properties Inc (NYSE: HPP) saw its 5-day average volume 2.57 million, a positive change from its year-to-date volume of 2.41 million. As of the previous 9 days, the stock’s Stochastic %D was 78.06%. Additionally, its Average True Range was 0.23.

During the past 100 days, Hudson Pacific Properties Inc’s (HPP) raw stochastic average was set at 22.90%, which indicates a significant decrease from 64.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.95% in the past 14 days, which was lower than the 56.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.87, while its 200-day Moving Average is $5.84. Nevertheless, the first resistance level for the watch stands at $4.93 in the near term. At $5.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.17. If the price goes on to break the first support level at $4.68, it is likely to go to the next support level at $4.60. Assuming the price breaks the second support level, the third support level stands at $4.44.

Hudson Pacific Properties Inc (NYSE: HPP) Key Stats

The company with the Market Capitalisation of 673.67 million has total of 141,145K Shares Outstanding. Its annual sales at the moment are 952,300 K in contrast with the sum of -173,890 K annual income. Company’s last quarter sales were recorded 218,000 K and last quarter income was -42,850 K.