Wall Street analysts’ outlook for Equity Commonwealth (EQC)

With 4.35 million shares changed hands, the volume of the stock remained lighter than its average volume of 32.17 million shares. During the session, the REIT – Office company that operates in wider Real Estate sector, reached to the highest price of $1.66 whereas the lowest price it dropped to was $1.62. The 52-week range on EQC shows that it touched its highest point at $1.67 and its lowest point at $1.22 during that stretch. It currently has a 1-year price target of $1.50. Beta for the stock currently stands at 0.27.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EQC was up-trending over the past week, with a rise of 19.78%, but this was up by 21.33% over a month. Three-month performance surged to 19.95% while six-month performance rose 27.56%. The stock gained 26.43% in the past year, while it has gained 26.83% so far this year.

Float and Shares Shorts:

At present, 107.33 million EQC shares are outstanding with a float of 101.09 million shares on hand for trading. On 2024-11-29, short shares totaled 1.51 million, which was 139.999995 higher than short shares on 1730332800. In addition to Mr. David A. Helfand as the firm’s President, CEO & Chairman of the Board, Mr. William H. Griffiths serves as its Executive VP, CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.99518996 of EQC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, EQC reported revenue of $13988000.0 and operating income of -$5975000.0. The EBITDA in the recently reported quarter was $48541000.0 and diluted EPS was -$0.26.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With EQC analysts setting a high price target of 1.5 and a low target of 1.5, the average target price over the next 12 months is 1.5. Based on these targets, EQC could drop -9.64% to reach the target high and fall by -9.64% to reach the target low. Reaching the average price target will result in a decline of -9.64% from current levels.

Analysts have provided yearly estimates in a range of $0.94 being high and $0.94 being low. For EQC, this leads to a yearly average estimate of $0.94. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.