Physicians Realty Trust (NYSE:DOC) stock went on an upward path that rose over 1.18% on Wednesday, amounting to a one-week price decrease of more than -3.07%. Over the last 12 months, DOC stock dropped by 9.35%. The one-year DOC stock forecast points to a potential downside of -0.03, with the average price target set at $18.75 per share. The average equity rating for DOC stock is currently 2.40, trading closer to a bullish pattern in the stock market.
The market cap for DOC stock reached $3.34 billion, with 185.62 million shares outstanding and 184.02 million shares in the current float. Compared to the average trading volume of 1.30M shares, DOC reached a trading volume of 1308399 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Physicians Realty Trust (DOC):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DOC shares is $18.63 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DOC stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA/Merrill have made an estimate for Physicians Realty Trust shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 14, 2019. The new note on the price target was released on June 20, 2019, representing the official price target for Physicians Realty Trust stock. Previously, the target price had yet another raise to $18.75, while CapitalOne analysts kept a Equal Weight rating on DOC stock.
The Average True Range (ATR) for Physicians Realty Trust is set at 0.28, with the Price to Sales ratio for DOC stock in the period of the last 12 months amounting to 8.14. The Price to Book ratio for the last quarter was 1.42, with the Price to Cash per share for the same quarter was set at 0.04.
DOC stock trade performance evaluation
Physicians Realty Trust (DOC) fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.07. With this latest performance, DOC shares gained by 2.39% in over the last four-week period, additionally plugging by 0.73% over the last 6 months – not to mention a rise of 9.35% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DOC stock in for the last two-week period is set at 50.99, with the RSI for the last a single of trading hit 46.19, and the three-weeks RSI is set at 51.94 for Physicians Realty Trust (DOC). The present Moving Average for the last 50 days of trading for this stock 17.71, while it was recorded at 18.30 for the last single week of trading, and 17.91 for the last 200 days.
Physicians Realty Trust (DOC): An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Physicians Realty Trust (DOC) shares currently have an operating margin of +10.88 and a Gross Margin at +33.09. Physicians Realty Trust’s Net Margin is presently recorded at +13.14.
Return on Total Capital for DOC is now 1.16, given the latest momentum, and Return on Invested Capital for the company is 1.44. Return on Equity for this stock inclined to 2.32, with Return on Assets sitting at 1.35. When it comes to the capital structure of this company, Physicians Realty Trust (DOC) has a Total Debt to Total Equity ratio set at 64.42. Additionally, DOC Total Debt to Total Capital is recorded at 39.18, with Total Debt to Total Assets ending up at 37.00. Long-Term Debt to Equity for the company is recorded at 63.36, with the Long-Term Debt to Total Capital now at 38.54.
Reflecting on the efficiency of the workforce at the company, Physicians Realty Trust (DOC) managed to generate an average of $803,286 per employee. Receivables Turnover for the company is 3.76 with a Total Asset Turnover recorded at a value of 0.10.
Earnings per share (EPS) analysis for Physicians Realty Trust (DOC) stock
With the latest financial reports released by the company, Physicians Realty Trust posted 0.12/share EPS, while the average EPS was predicted by analysts to be reported at 0.1/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DOC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Physicians Realty Trust go to 9.70%.
Physicians Realty Trust (DOC): Insider Ownership positions
There are presently around $3,146 million, or 96.70% of DOC stock, in the hands of institutional investors. The top three institutional holders of DOC stocks are: VANGUARD GROUP INC with ownership of 26,752,433, which is approximately 0.551% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 17,652,573 shares of the stock with an approximate value of $314.0 million in DOC stocks shares; and BROOKFIELD ASSET MANAGEMENT INC., currently with $166.0 million in DOC stock with ownership of nearly 1.634% of the company’s market capitalization.
Positions in Physicians Realty Trust stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 128 institutional holders increased their position in Physicians Realty Trust (NYSE:DOC) by around 9,896,777 shares. Additionally, 121 investors decreased positions by around 12,589,627 shares, while 48 investors held positions by with 154,263,352 shares. The mentioned changes placed institutional holdings at 176,749,756 shares, according to the latest SEC report filing. DOC stock had 30 new institutional investments in for a total of 1,449,539 shares, while 27 institutional investors sold positions of 1,348,091 shares during the same period.