On Tuesday, Piedmont Office Realty Trust Inc (NYSE: PDM) opened lower -3.89% from the last session, before settling in for the closing price of $10.29. Price fluctuations for PDM have ranged from $5.37 to $11.11 over the past 52 weeks.
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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 -0.37%. Company’s average yearly earnings per share was noted -1.87% at the time writing. With a float of $122.19 million, this company’s outstanding shares have now reached $123.72 million.
Considering the fact that the conglomerate employs 150 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 40.79%, operating margin of 3.09%, and the pretax margin is -8.71%.
Piedmont Office Realty Trust Inc (PDM) Insider Activity
A key investor’s attitude towards the stock of the REIT – Office industry is another important factor to consider. The insider ownership of Piedmont Office Realty Trust Inc is 1.46%, while institutional ownership is 87.21%.
Piedmont Office Realty Trust Inc (PDM) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.23 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.02) by -0.21. 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 -1.87% per share during the next fiscal year.
Piedmont Office Realty Trust Inc (NYSE: PDM) Trading Performance Indicators
Check out the current performance indicators for Piedmont Office Realty Trust Inc (PDM). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of Piedmont Office Realty Trust Inc (PDM)
Compared to the last year’s volume of 0.86 million, its volume of 1.05 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 38.26%. Additionally, its Average True Range was 0.30.
During the past 100 days, Piedmont Office Realty Trust Inc’s (PDM) raw stochastic average was set at 71.28%, which indicates a significant increase from 7.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.61% in the past 14 days, which was higher than the 31.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.06, while its 200-day Moving Average is $7.98. Nevertheless, the first resistance level for the watch stands at $10.21 in the near term. At $10.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.74. If the price goes on to break the first support level at $9.69, it is likely to go to the next support level at $9.48. Should the price break the second support level, the third support level stands at $9.16.
Piedmont Office Realty Trust Inc (NYSE: PDM) Key Stats
There are currently 124,000K shares outstanding in the company with a market cap of 1.23 billion. Presently, the company’s annual sales total 577,760 K according to its annual income of -48,390 K. Last quarter, the company’s sales amounted to 139,290 K and its income totaled -11,520 K.
