Ventas Inc (NYSE:VTR) does about 2.67M shares in volume on a normal day but saw 1746742 shares change hands in the recent trading day. The company now has a market cap of 27.06B USD. Its current market price is $63.55, marking a decrease of -1.17% compared to the previous close of $64.30. The 52 week high reached by this stock is $67.61 whilst the lowest price level in 52 weeks is $41.45. The script in recent trading has seen the stock touch a high of $71 and a low of $52.5.
Ventas Inc (VTR) has a 20-day trading average at $64.48 and the current price is -6.01% off the 52-week high compared with 53.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $64.11 and its 200-day simple moving average is $53.36. If we look at the stock’s price movements over the week, volatility stands at 1.32%, which increases to 1.92% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.27 to suggest the stock is neutral.
11 analysts observing the Ventas Inc (VTR) stock have set the 12-month price targets for the company’s shares at between $52.5 and $71. The consensus objective for the share price is $70.22, suggesting that the stock has a potential upside of 9.5% over the period. The median price target is -2.5% away from the current levels at $62.
FactSet Research has provided data showing that 11 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 1 advise that it is a overweight. 8 analysts have rated it as a buy and 2 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 01, 2024 when Wells Fargo upgraded the stock to “Overweight” and issued a price target of between $61 and $71. Evercore ISI also upgraded the stock to “Outperform” from In-line on March 18, 2024 at a price target of $50. Wells Fargo downgraded its price target at $52-$46.
The current price level is -1.44%, -0.88%, and 19.09% away from its SMA20, SMA50, and SMA200 respectively, with the VTR price moving above the 50-day SMA on current market day. Ventas Inc (VTR) stock is down -0.08% over the week and -3.65% over the past month. Its price is 27.51% year-to-date and 42.17% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of -0.3 below consensus estimates by -0.13. The company’s next earnings report forecasts estimating quarterly EPS at 0.06 and 0 for whole year. Expected sales for next quarter are $1.28B, which analysts say will come at $4.89B for the current fiscal year and next year at $5.24B. In addition, estimates put the company’s current quarterly revenue at an average of $1.27B.
Its 12-month price target is $62. To reach the target analysts have set, the stock logically needs to grow 9.5 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $52.5, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $71.
Outstanding shares total 419.51M with insiders holding 0.58% of the shares and institutional holders owning 98.52% of the company’s common stock. The company has a return on investment of -0.28% and return on equity of -0.68%. The forward price to earnings ratio is 378.27. The beta has a value of 1.40. Price to book ratio is 2.73 and price to sales ratio is 5.64.
