HCP, Inc. (HCP): What’s the Story?

HCP, Inc. (HCP) is an interesting player in the Financial space, with a focus on REIT – Healthcare Facilities. The stock has been active on the tape, currently trading at $22.85, down from yesterday’s close by -1.55%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

HCP, Inc. (HCP) currently trades with a market capitalization of $10.72 Billion. That value represents a market adjusting for revenues that have been falling by -14.43 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $770.01 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.17 on a per share basis this quarter. Perhaps, that suggests something about why 0.83% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, HCP, Inc. recorded a 52-week high of $33.67. It is now trading 10.82% off that level. The stock is trading $25.03 its 50-day moving average by 2.18%. The stock carved out a 52-week low down at $22.22.

In recent action, HCP, Inc. (HCP) has made a move of -3.34% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 12.51, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.68% with $467.98 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of HCP.

Previous articleDigging Up the Facts on Urban Outfitters, Inc. (URBN)
Next articleHow Does TripAdvisor, Inc. (TRIP) Stack Up Right Now?