Jefferies has recently raised Douglas Emmett Inc (DEI) stock to Hold rating, as announced on January 2, 2024, according to Finviz. Earlier, on October 3, 2023, Wedbush had initiated the stock to Neutral, setting a price target of $13. KeyBanc Capital Markets also initiated Sector Weight rating. Additionally, Piper Sandler reduced Neutral rating on September 5, 2023, with a target price of $15. BofA Securities analysts, in their report published on August 8, 2023, also reduced Underperform rating and set a price target of $12 for Douglas Emmett Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Douglas Emmett Inc (DEI) Stock Trading Recap
On Wednesday, Douglas Emmett Inc (DEI) stock saw a decline, ending the day at $18.36 which represents a decrease of $-0.06 or -0.33% from the prior close of $18.42. The stock opened at $18.29 and touched a low of $18.24 during the day, reaching a high of $18.55. The volume of shares traded was 1.24 million falling short of the average volume of 1.60 million.
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DEI Stock Performance and Moving Averages
In recent trading, Douglas Emmett Inc (DEI) stock price has shown some volatility, fluctuating -1.50% over the last five trades and 4.85% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 35.30%, and it has gained 21.51% in the previous three months. Currently, DEI is trading at 2.26%, 9.17%, and 26.02% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, DEI, a Real Estate sector stock, is trading -4.72% below its 52-week high but remains 70.63% above its 52-week low. The Average True Range (ATR) (14 days) of 0.45 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Douglas Emmett Inc’s Profitability and Valuation Ratios
Douglas Emmett Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 16.87% and a profit margin of -3.52%, with a gross margin of 35.30%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Douglas Emmett Inc’s market capitalization stands at $3.07 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 3.06, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.42, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 3.96% of Douglas Emmett Inc (DEI)’s shares, while financial institutions hold 107.43%.
Notable insider trades include SIMON WILLIAM E JR, Director at Douglas Emmett Inc (DEI), who sold 91000 shares on Dec 06 ’23, at $13.95 each, totaling $1.27 million.
