Jefferies has recently reduced Hudson Pacific Properties Inc (HPP) stock to Hold rating, as announced on November 12, 2024, according to Finviz. Earlier, on August 14, 2024, Wolfe Research had reduced the stock from a Outperform to Peer Perform. Piper Sandler also reduced Neutral rating with a price target of $6. Additionally, BMO Capital Markets reduced Market Perform rating on August 8, 2024, with a target price of $6. Morgan Stanley analysts, in their report published on July 10, 2024, also reduced rating and set a price target of $4.25 for Hudson Pacific Properties Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Hudson Pacific Properties Inc (HPP) Stock Trading Recap
On Tuesday, Hudson Pacific Properties Inc (HPP) stock saw a modest uptick, ending the day at $2.77 which represents a slight increase of $0.26 or 10.36% from the prior close of $2.51. The stock opened at $2.52 and touched a low of $2.47 during the day, reaching a high of $2.78. The volume of shares traded was 3.22 million falling short of the average volume of 4.08 million.
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HPP Stock Performance and Moving Averages
In recent trading, Hudson Pacific Properties Inc (HPP) stock price has shown some volatility, fluctuating -1.42% over the last five trades and -12.06% 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 -49.54%, and it has plunged by -36.18% in the previous three months. Currently, HPP is trading at -3.65%, -19.30%, and -41.48% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, HPP, a Real Estate sector stock, is trading -70.05% below its 52-week high but remains 15.89% above its 52-week low. The Average True Range (ATR) (14 days) of 0.23 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.
Hudson Pacific Properties Inc’s Profitability and Valuation Ratios
Hudson Pacific Properties Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of -5.86% and a profit margin of -34.57%, with a gross margin of -49.54%. 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, Hudson Pacific Properties Inc’s market capitalization stands at $401.40 million. 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 0.47, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.15, 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 2.90% of Hudson Pacific Properties Inc (HPP)’s shares, while financial institutions hold 110.05%.
Notable insider trades include COLEMAN VICTOR J, Chief Executive Officer at Hudson Pacific Properties Inc (HPP), who sold 100000 shares on May 22 ’24, at $5.18 each, totaling $0.52 million. On May 14 ’24, COLEMAN VICTOR J, Chief Executive Officer, sold 127918 shares for $5.72 each, amounting to $0.73 million.