Hudson Pacific Properties Inc (NYSE:HPP) currently has a daily average trading volume of 2.32M but it saw 1157634 shares traded in last market. With a market cap of 649.66M USD, the company’s current market price of $4.60 came falling about -1.92 while comparing to the previous closing price of $4.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.85 and as low as $4.26. In the recent trading on the day, stock has struck highest price mark of $4.56 while lowest mark touched by it was $4.8.
Taking a look at 20-day trading activity of Hudson Pacific Properties Inc (HPP) gives us an average price of $4.62, while its current price level is -53.32% below from 52-week high level whereas it is 7.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.87 while that of 200 days or SMA-200 reads an average of $5.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.57% during that period while stretching the period over a month that decreases to 4.76%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.19 which implies that the stock is in neutral territory.
Piper Sandler downgraded its recommendation for the stock as a “Neutral” from “Overweight” on August 08, 2024 while assigning a price target range of $7-$6. BMO Capital Markets also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $8 and $6.
Over the week, HPP’s stock price is moving -1.50% down while it is -5.74% when we observe its performance for the past one month. Year-to-date it is -50.59% down and over the past year, the stock is showing a downside performance of -6.12%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.27 beat the consensus estimate of -0.31 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-12, for which analysts forecasted an EPS of -0.38 while estimate for next year EPS is -1.49. In next quarter, company is expected to be making quarterly sales of $212.55M as analysts are expecting the sales for current fiscal year at $860.56M and seeing the company making $875.49M in sales next year. Moreover, analysts are in estimates of $214.06M for current-quarter revenue.
Currently, Hudson Pacific Properties Inc’s total number of outstanding shares is 141.03M. Company’s return on investment (ROI) stands at -2.97% and return on equity (ROE) at -6.72%. Stock’s beta reads 1.34. Stock has a price to book (P/B) ratio of 0.24 while price to sale or P/S ratio amounts to 0.73. Its return on asset (ROA) is -2.45% on average.
