Analysts at RBC Capital Mkts cut their rating on shares of Ventas, Inc. (NYSE:VTR) from Outperform to Sector Perform in their opinion released on November 02. Analysts at Evercore ISI downgraded the stock to a Underperform call from its previous In-line stance, in a research note that dated back to May 21.
By watching the trading activity of corporate insiders, it will become easier to get a sense of Ventas, Inc. (NYSE:VTR)’s prospects. The earliest insider trade took place on 12/06/2018. Riney T Richard parted with a total of 15.68 thousand shares of company at average share price of $65. The total for the sales was set at $1.02 million. After this transaction, the EVP, Chief Admin. Off., GC account balance stood at 204.75 thousand shares. The stock lost -1.12 percent since that insider sale. On 12/06/2018, Cobb John D., EVP, Chief Investment Off., sold 10 thousand shares at a price per share of $65. This removed 650 thousand shares from the insider’s fortune and the stock saw a -1.12 percent retreat in value since the news became public. This transaction left 86.34 thousand shares in the EVP, Chief Investment Off. account. On 11/20/2018, EVP, Chief Admin. Off., GC Riney T Richard performed a sale transaction worth $955.5 thousand. This sale at $62.5 each has eliminated 15.29 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 2.83 percent increase since the transaction was reported. The insider now is left with 220.43 thousand shares remaining in the account. Riney T Richard, who performs the EVP, Chief Admin. Off., GC job, sold 13.71 thousand shares for $822.48 thousand. The disposal occurred on 08/31/2018 was priced at $60 per share. The share price soared 7.12 percent since the reporting date. Riney T Richard now left with a stake of 235.72 thousand VTR stock worth $15.03 million after the insider selling.
Ventas, Inc. (VTR) is expected to jump by -7.73 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $69 price as 12-month high target. This represents a whopping 8.24 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $59.5, which represents a return potential of -6.67 percent when compared to the closing price of the stock of $63.75 on Monday, February 11. The lowest price target for the stock is $54 — slightly more than -15.29 percent from VTR’s current share price.
The shares are currently floating around the first support level of $63.1. Below this, the next support is placed in the zone of $62.45. Till the time, the VTR stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 55.77 on daily chart, which may remain a cause for concern. If the price breaks below $62.45 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $64.32 mark may result into a pull-back move towards $64.89 level.
VTR shares dropped -0.52 points or -0.81 percent on Monday to $63.75 with a heavy trade volume of 2.426 million shares. After opening the session at $64.09, the shares went as high as $64.24 and as low as $63.02, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $22.8 billion and now has 357.47 million shares outstanding. Ventas, Inc. (VTR) stock has gained 7.52 percent of market value in 21 trading days.
VTR stock has a trailing 3-year beta of 0.39, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.25 a share in the trailing twelve months. The stock’s value has surged 8.81 percent year to date (YTD) against a rise of 25.2 percent in 12 month’s time. The company’s shares still trade -2.97 percent away from its 1-year high of $65.70 and 36.96 percent up from 52-week low of $46.55. The average consensus rating on the company is 3.2, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a hold.
Shares of Ventas, Inc. (VTR) are trading at a P/E ratio of 68.17 times earnings reported for the past 12 months. The industry VTR operates in has an average P/E of 50.57. Its P/E ratio went as low as 35.98X and as high as 62.17 over the 5-year span. Further, it is sporting a 6.13 on the Price-to-Sales ratio. Compare this with the industry average P/S of 8.86. 56 percent is the gross profit margin for Ventas, Inc. and operating margin sits at 27.3 percent. Along with this, the net profit margin is 33.7 percent.