Is It Time For Me To Buy Ventas Inc. (NYSE: VTR) Stock Now? – Stocks Register
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Is It Time For Me To Buy Ventas Inc. (NYSE: VTR) Stock Now?

The trading price of Ventas Inc. (NYSE:VTR) closed higher on Tuesday, July 20, closing at $60.08, 4.40% higher than its previous close.

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Traders who pay close attention to intraday price movement should know that it fluctuated between $57.81 and $60.38. In examining the 52-week price action we see that the stock hit a 52-week high of $59.94 and a 52-week low of $33.95. Over the past month, the stock has gained 6.20% in value.


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Ventas Inc., whose market valuation is $22.42 billion at the time of this writing, is expected to release its quarterly earnings report Aug 05, 2021 – Aug 09, 2021. The dividend yield on the company stock is 3.00%, while its Forward Dividend ratio is 1.80. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.08 per share this quarter, however they have predicted annual earnings per share of -$0.33 for 2021 and $0.02 for 2022. It means analysts are expecting annual earnings per share growth of -128.20% this year and 106.10% next year.

Analysts have forecast the company to bring in revenue of $921.47 million for the current quarter, with the likely lows of $913.4 million and highs of $928 million. The average estimate suggests sales will likely down by -2.30% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2021 is $3.67 billion. The company’s revenue is forecast to drop by -3.20% over what it did in 2021.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Ventas Inc. 3 upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest VTR has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned VTR a recommendation rating is 23. Out of them, 14 rate it a Hold, while 5 recommend Buy, whereas 2 assign an Overweight rating. 0 analyst(s) have tagged Ventas Inc. (VTR) as Underweight, while 2 advise Sell. Analysts have rated the stock Hold, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that VTR’s price is currently 3.13% off the SMA20 and 5.65% off the SMA50. The RSI metric on the 14-day chart is currently showing 59.68, and weekly volatility stands at 2.41%. When measured over the past 30 days, the indicator reaches 2.19%. Ventas Inc. (NYSE:VTR)’s beta value is currently sitting at 1.31, while the Average True Range indicator is currently displaying 1.34. With analysts defining $50.00-$71.00 as the low and high price targets, we arrive at a consensus price target of $60.90 for the trailing 12-month period. The current price is about 16.78% off the estimated low and -18.18% off the forecast high, based on this estimate. Investors will be thrilled if VTR’s share price rises to $62.50, which is the median consensus price. At that level, VTR’s share price would be -4.03% below current price.

To see how Ventas Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: VTR stock’s performance was 4.40% in the latest trading, and 75.31% in the past year, while Duke Realty Corporation (DRE) has traded 1.77% on the day and positioned 42.69% higher than it was a year ago. Another comparable company Welltower Inc. (WELL) saw its stock close 4.25% higher in the most recent trading session but was up 78.54% in a year. Furthermore, Brookdale Senior Living Inc. (BKD) showed an increase of 3.82% on the day while its price kept inclining at 235.80% over the past year. Ventas Inc. has a P/E ratio of 0, compared to Duke Realty Corporation’s 53.14 and Welltower Inc.’s 0. Also in last trading session, the S&P 500 Index has surged 1.52%, while the Dow Jones Industrial also saw a positive session, up 1.62% on the day.

An evaluation of the daily trading volume of Ventas Inc. (NYSE:VTR) indicates that the 3-month average is 2.30 million. However, this figure has increased over the past 10 days to an average of 3.5 million.

Currently, records show that 374.67 million of the company’s shares remain outstanding. The insiders hold 0.50% of outstanding shares, whereas institutions hold 94.60%. The stats also highlight that short interest as of Jun 14, 2021, stood at 8.5 million shares, resulting in a short ratio of 5.36 at that time. From this, we can conclude that short interest is 2.27% of the company’s total outstanding shares. It is noteworthy that short shares in June were up slightly from the previous month’s figure, which was 8.11 million. However, since the stock’s price has seen 22.51% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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