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Medical Properties (MPW) Gains As Market Dips: What You Should Know
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In the latest trading session, Medical Properties (MPW - Free Report) closed at $9.26, marking a +1.09% move from the previous day. This change outpaced the S&P 500's 0.29% loss on the day. Elsewhere, the Dow lost 0.55%, while the tech-heavy Nasdaq added 1.24%.
Coming into today, shares of the health care real estate investment trust had lost 2.03% in the past month. In that same time, the Finance sector gained 1.66%, while the S&P 500 gained 3.1%.
Wall Street will be looking for positivity from Medical Properties as it approaches its next earnings report date. On that day, Medical Properties is projected to report earnings of $0.38 per share, which would represent a year-over-year decline of 17.39%. Meanwhile, our latest consensus estimate is calling for revenue of $352.81 million, down 11.85% from the prior-year quarter.
MPW's full-year Zacks Consensus Estimates are calling for earnings of $1.57 per share and revenue of $1.44 billion. These results would represent year-over-year changes of -13.74% and -6.78%, respectively.
It is also important to note the recent changes to analyst estimates for Medical Properties. 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.
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 0.75% lower. Medical Properties is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that Medical Properties has a Forward P/E ratio of 5.85 right now. This represents a discount compared to its industry's average Forward P/E of 11.53.
Investors should also note that MPW has a PEG ratio of 0.59 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The REIT and Equity Trust - Other industry currently had an average PEG ratio of 2.14 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 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Medical Properties (MPW) Gains As Market Dips: What You Should Know
In the latest trading session, Medical Properties (MPW - Free Report) closed at $9.26, marking a +1.09% move from the previous day. This change outpaced the S&P 500's 0.29% loss on the day. Elsewhere, the Dow lost 0.55%, while the tech-heavy Nasdaq added 1.24%.
Coming into today, shares of the health care real estate investment trust had lost 2.03% in the past month. In that same time, the Finance sector gained 1.66%, while the S&P 500 gained 3.1%.
Wall Street will be looking for positivity from Medical Properties as it approaches its next earnings report date. On that day, Medical Properties is projected to report earnings of $0.38 per share, which would represent a year-over-year decline of 17.39%. Meanwhile, our latest consensus estimate is calling for revenue of $352.81 million, down 11.85% from the prior-year quarter.
MPW's full-year Zacks Consensus Estimates are calling for earnings of $1.57 per share and revenue of $1.44 billion. These results would represent year-over-year changes of -13.74% and -6.78%, respectively.
It is also important to note the recent changes to analyst estimates for Medical Properties. 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.
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 0.75% lower. Medical Properties is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that Medical Properties has a Forward P/E ratio of 5.85 right now. This represents a discount compared to its industry's average Forward P/E of 11.53.
Investors should also note that MPW has a PEG ratio of 0.59 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The REIT and Equity Trust - Other industry currently had an average PEG ratio of 2.14 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 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
You can find more information on all of these metrics, and much more, on Zacks.com.