Hudson Pacific Properties Inc (NYSE: HPP) on Monday, plunged -1.59% from the previous trading day, before settling in for the closing price of $4.40. Within the past 52 weeks, HPP’s price has moved between $4.26 and $9.85.
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Real Estate Sector giant saw their annual sales surged by 5.88% over the last five years. The company achieved an average annual earnings per share of -10.29%. With a float of $137.19 million, this company’s outstanding shares have now reached $141.03 million.
The firm has a total of 758 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards REIT – Office industry stocks is more important than anything else. The insider ownership of Hudson Pacific Properties Inc is 2.86%, while institutional ownership is 105.43%. 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) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.27 earnings per share (EPS) for the period topping the consensus outlook (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
Hudson Pacific Properties Inc (HPP) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 3.65.
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)
Analysing the last 5-days average volume posted by the [Hudson Pacific Properties Inc, HPP], we can find that recorded value of 1.55 million was lower than the volume posted last year of 2.39 million. As of the previous 9 days, the stock’s Stochastic %D was 18.39%. Additionally, its Average True Range was 0.24.
During the past 100 days, Hudson Pacific Properties Inc’s (HPP) raw stochastic average was set at 1.51%, which indicates a significant decrease from 4.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.61% in the past 14 days, which was lower than the 55.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.86, while its 200-day Moving Average is $5.72. Now, the first resistance to watch is $4.51. This is followed by the second major resistance level at $4.68. The third major resistance level sits at $4.79. If the price goes on to break the first support level at $4.23, it is likely to go to the next support level at $4.12. Should the price break the second support level, the third support level stands at $3.95.
Hudson Pacific Properties Inc (NYSE: HPP) Key Stats
Market capitalization of the company is 611.53 million based on 141,145K outstanding shares. Right now, sales total 952,300 K and income totals -173,890 K. The company made 218,000 K in profit during its latest quarter, and -42,850 K in sales during its previous quarter.
