Medical Properties (MPW) Stock Sinks As Market Gains: What You Should Know
Medical Properties (MPW) closed at $22.66 in the latest trading session, marking a -0.53% move from the prior day. This change lagged the S&P 500's daily gain of 0.62%. At the same time, the Dow added 0.55%, and the tech-heavy Nasdaq lost 0.03%.
Coming into today, shares of the health care real estate investment trust had gained 2.53% in the past month. In that same time, the Finance sector lost 1.47%, while the S&P 500 gained 0.87%.
Wall Street will be looking for positivity from Medical Properties as it approaches its next earnings report date. In that report, analysts expect Medical Properties to post earnings of $0.46 per share. This would mark year-over-year growth of 12.2%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $398.01 million, up 19.23% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.75 per share and revenue of $1.53 billion. These totals would mark changes of +11.46% and +22.78%, respectively, from last year.
Any recent changes to analyst estimates for Medical Properties should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.14% lower within the past month. Medical Properties is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Medical Properties currently has a Forward P/E ratio of 12.97. Its industry sports an average Forward P/E of 18.23, so we one might conclude that Medical Properties is trading at a discount comparatively.
Also, we should mention that MPW has a PEG ratio of 1.64. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. REIT and Equity Trust - Other stocks are, on average, holding a PEG ratio of 2.93 based on yesterday's closing prices.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 111, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Medical Properties Trust, Inc. (MPW) : Free Stock Analysis Report
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