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Medical Properties (MPW) Stock Moves -1.08%: What You Should Know
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In the latest trading session, Medical Properties (MPW - Free Report) closed at $21.14, marking a -1.08% move from the previous day. This change was narrower than the S&P 500's 1.57% loss on the day. Meanwhile, the Dow lost 1.56%, and the Nasdaq, a tech-heavy index, added 0.1%.
Heading into today, shares of the health care real estate investment trust had gained 4.6% over the past month, outpacing the Finance sector's gain of 3.25% and lagging the S&P 500's gain of 5.37% in that time.
Wall Street will be looking for positivity from Medical Properties as it approaches its next earnings report date. The company is expected to report EPS of $0.47, up 11.9% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $410.32 million, up 13.11% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.87 per share and revenue of $1.64 billion, which would represent changes of +6.86% and +6.27%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Medical Properties. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.63% higher. Medical Properties is currently a Zacks Rank #3 (Hold).
In terms of valuation, Medical Properties is currently trading at a Forward P/E ratio of 11.43. This valuation marks a discount compared to its industry's average Forward P/E of 15.8.
We can also see that MPW currently has a PEG ratio of 1.74. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The REIT and Equity Trust - Other industry currently had an average PEG ratio of 2.99 as of yesterday's close.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 154, putting it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Medical Properties (MPW) Stock Moves -1.08%: What You Should Know
In the latest trading session, Medical Properties (MPW - Free Report) closed at $21.14, marking a -1.08% move from the previous day. This change was narrower than the S&P 500's 1.57% loss on the day. Meanwhile, the Dow lost 1.56%, and the Nasdaq, a tech-heavy index, added 0.1%.
Heading into today, shares of the health care real estate investment trust had gained 4.6% over the past month, outpacing the Finance sector's gain of 3.25% and lagging the S&P 500's gain of 5.37% in that time.
Wall Street will be looking for positivity from Medical Properties as it approaches its next earnings report date. The company is expected to report EPS of $0.47, up 11.9% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $410.32 million, up 13.11% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.87 per share and revenue of $1.64 billion, which would represent changes of +6.86% and +6.27%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Medical Properties. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.63% higher. Medical Properties is currently a Zacks Rank #3 (Hold).
In terms of valuation, Medical Properties is currently trading at a Forward P/E ratio of 11.43. This valuation marks a discount compared to its industry's average Forward P/E of 15.8.
We can also see that MPW currently has a PEG ratio of 1.74. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The REIT and Equity Trust - Other industry currently had an average PEG ratio of 2.99 as of yesterday's close.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 154, putting it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.