With 2.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.75 million shares. The 52-week range on HPP shows that it touched its highest point at $6.28 and its lowest point at $1.88 during that stretch. It currently has a 1-year price target of $3.21. With its current market cap of 304.65 million, HPP has annualized dividend of $0.03 while the current yield stands at 1.61%. Beta for the stock currently stands at 1.50.
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 down-trending over the past week, with a drop of -8.37%, but this was down by -7.14% over a month. Three-month performance dropped to -25.45% while six-month performance fell -48.51%. The stock lost -64.20% in the past year, while it has lost -31.35% so far this year. A look at the trailing 12-month EPS for HPP yields -2.74 with Next year EPS estimates of -1.60. For the next quarter, that number is -0.43. This implies an EPS growth rate of 32.56% for this year and 8.24% for next year.
Float and Shares Shorts:
At present, 141.39 million HPP shares are outstanding with a float of 136.57 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 -$0.45 and the low estimate is -$0.45. The average estimate for the next quarter is thus -$0.45.
