The stock of EPR Properties (NYSE:EPR) is now priced at $32.31 and the shares are -0.84 points down or -2.53% lower compared to its previous closing price of $33.15. The stock had 1.033 million contracts set over the past session. EPR shares’ daily volume is compared to its average trading volume at 1.208 million shares. However, it has a float of 73.67 million and although its performance was 1.41% over the week, it’s one to watch. Analysts have given the EPR stock a yearly average price target of $33.71 per share. It means the stock’s upside potential is 4.33% with the EPR share price recently placing at $31.86 to $33.38. However, some brokerage firms have priced the stock below the average, including one that has called $25.
The shorts are running away from the EPR Properties stock, with the latest data on short interest released on July 31, 2020, showing that short interest numbers in the EPR shares have declined. Short interest in the stock represents just 11.48% of its float, but the volume has dropped by 0.
In the last trading session, EPR Properties (NYSE:EPR) raised by $0.45 over the week and gained $3.85 on its 20-day. The stock’s high in the recent session is lower when compared to its 52-week high of $79.8. The stock recorded its established 52-week high on 10/24/19.
Since 03/18/20, the stock has traded to a low of $12.56 at 157.28%, an encouraging piece of data likely to interest most investors out to exploit the stock’s recent surge. The stock has a beta allocation of 1.43. Being above 1 means that the stock’s volatility is higher than the market and traders are keenly watching it.
Looking at current readings, EPR Properties’s two-week RSI is 52.16. This suggests that the stock is neutral at the moment and that EPR shares’ price movement remains stable. The stochastic readings are equally revealing at 68.62% meaning the EPR share price is currently in neutral territory.
The technical chart shows that the EPR stock will likely settle at between $33.17 and $34.04 per share. However, if the stock dips below $31.65, then its market would become much weaker. Any downside could see the stock price sliding to levels as low as $31.
Currently, the stock is trading in the green of MACD, with a reading of 1.22. Investors always pay attention to any move above or below the zero-line, mainly because the indicator points to the position of the stock’s short-term average relative to its long-term measure. A MACD -a reading above the zero line means that the short-term is above the long-term average. This scenario implies that there is an upward momentum. The opposite is true when the MACD falls below the zero-line.
Analysts at JP Morgan cut their recommendation for EPR from Overweight to Neutral in April 22 review while maintai their target price of $30. Citigroup analysts downgraded their recommendation of the stock from Neutral to Sell while keeping its target price at $74 to $16 in a flash note released to investors on April 07. SunTrust seeing the improvements upgraded the stock from Hold to Buy on January 16, placing it at $77.
The average rating for the EPR equity is 2.82 and is currently gathering a bullish momentum. Of 11 analysts tracking EPR Properties polled by Reuters, 5 rated EPR as a hold. The remaining 6 analysts were split evenly. However, the split wasn’t equal as a majority (4) rated it as a buy or strong buy. 2 analyst advised investors against buying the stock or to sell if they own any of the stock.
Elsewhere, the EPR stock price is 22.77X ahead of its 12-month Consensus earnings per share estimates. The stocks P/S ratio currently stands at 293.7 above the group’s average of 19.9. EPR Properties has its P/E ratio at 0.9, which means that the stock is currently trading at a discount relative to the 1.7 industry average.
Zacks Consensus Estimate forecasts that the current-quarter revenues for EPR Properties (NYSE:EPR) will decrease by about -99.89%, which will see them reach $115 million. The company’s full-year revenues are, however, expected to diminish by about -19.61%, down from $593 million to $477 million. EPR’s expected adjusted earnings should drop almost -83.33% to end up at $0.06 per share, while for the fiscal year, analysts project the company’s earnings to drop by about -93.48% to record $0.15/share.