With 3.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.17 million shares. The 52-week range on HPP shows that it touched its highest point at $7.16 and its lowest point at $2.39 during that stretch. It currently has a 1-year price target of $4.11. With its current market cap of 447.78 million, HPP has annualized dividend of $0.10 while the current yield stands at 3.24%. Beta for the stock currently stands at 1.36.
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 HPP was up-trending over the past week, with a rise of 0.65%, but this was down by -1.59% over a month. Three-month performance dropped to -22.17% while six-month performance fell -38.20%. The stock lost -57.00% in the past year, while it has gained 1.98% so far this year. A look at the trailing 12-month EPS for HPP yields -2.09 with Next year EPS estimates of -1.67. For the next quarter, that number is -0.43. This implies an EPS growth rate of -36.03% for this year and 9.73% for next year.
Float and Shares Shorts:
At present, 141.23 million HPP shares are outstanding with a float of 136.39 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HPP since 9 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.702 being high and -$1.961 being low. For HPP, this leads to a yearly average estimate of -$1.85. 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.
