Shares of Physicians Realty Trust (NYSE:DOC) recorded 0.23% gain during trading session on August 22nd, 2019. The script traded as low as $17.55 and last traded at $17.63. 2.4 million shares changed exchanged hands during trading, a drop of -82.13% from the 30-day average session volume of 1.32M shares. The firm had previously closed at $17.59. The company has $185.24M outstanding shares, a price-to-earnings ratio of 65.54, price-to-earnings-growth ratio of 7.95and a beta of 0.39. The company has a RSI of 56.31, ATR of 0.31 and a volatility of 1.42% this week. DOC has a 52 week low price of $15.18 and a 52 week high price of $19.16.
Investors have identified the tech company Physicians Realty Trust as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 3.27B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Physicians Realty Trust (DOC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For DOC, the company has in raw cash 480.08 million on their books with 497.01 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
DOC were able to record 50.51 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 12.28 million. In cash movements, the company had a total of 96.21 million as operating cash flow.
Potential earnings growth for Physicians Realty Trust (DOC)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Physicians Realty Trust recorded a total of 94.9 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -0.13% coming in sequential stages and their sales for the third quarter reducing by -0.11%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 74.6 million trying to sell their products during the last quarter, with the result yielding a gross income of 20.31 million. This allows shareholders to hold on to 185.24M with the revenue now reading 40 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.27 cents a share).
Is the stock of DOC attractive?
Having a look at the company’s valuation, the company is expected to record 1.08 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DOC sounds very interesting.
In related news, President and CEO Thomas John T sold 5,000 shares of the company’s stock in a transaction that recorded on August 8th, 2019. The sale was performed at an average price of 17.50, for a total value of 87,500. As the sale deal closes, the President and CEO Thomas John T now sold 3,700 shares of the company’s stock, valued at 64,750. Also, President and CEO Thomas John T sold 1,300 shares of the company’s stock in a deal that was recorded on July 1st, 2019. The shares were sold at an average price of 17.50 per share, with a total market value of 320,059. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
3 out of 14 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Physicians Realty Trust stock. 0 analysts has assigned a Sell rating on the DOC stock. The 12-month mean consensus price target for the company’s shares has been set at $18.79.