A new trading day began on Monday, with Hudson Pacific Properties Inc (NYSE: HPP) stock price up 3.41% from the previous day of trading, before settling in for the closing price of $4.11. HPP’s price has ranged from $4.11 to $9.85 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 5.88%. Meanwhile, its annual earnings per share averaged -10.29%. With a float of $137.19 million, this company’s outstanding shares have now reached $141.03 million.
Considering the fact that the conglomerate employs 758 people, you should pay attention to its efficiency factor. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Office Industry. The insider ownership of Hudson Pacific Properties Inc is 2.86%, while institutional ownership is 105.38%. 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
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.27 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are Hudson Pacific Properties Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 3.50.
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)
Compared to the last year’s volume of 2.38 million, its volume of 2.31 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.59%. 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 6.44%, which indicates a significant decrease from 15.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.75% in the past 14 days, which was lower than the 56.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.76, while its 200-day Moving Average is $5.62. Nevertheless, the first resistance level for the watch stands at $4.41 in the near term. At $4.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.73. If the price goes on to break the first support level at $4.10, it is likely to go to the next support level at $3.95. Should the price break the second support level, the third support level stands at $3.78.
Hudson Pacific Properties Inc (NYSE: HPP) Key Stats
With a market capitalization of 585.93 million, the company has a total of 141,232K Shares Outstanding. Currently, annual sales are 952,300 K while annual income is -173,890 K. The company’s previous quarter sales were 218,000 K while its latest quarter income was -42,850 K.
