The most recent trading session ended with Medical Properties (MPW) settling at $3.23, reflecting a change of +1.89% from the previous trading day's close. This change outpaced the S&P 500's 0.23% gain on the day. On the other hand, the Dow Jones registered a rise of 0.37%, while the Nasdaq, with a large technological component, appreciated 0.07%.
Prior to today's trading, shares of the healthcare real estate investment trust had lost 6.49% over the past month. This has lagged the Financials sector's gain of 0.54% and the S&P 500's gain of 5.3% in that time.
The investment community will closely monitor Medical Properties' performance in its next earnings report. The company is expected to post an EPS of $0.28, showing a downward movement of 34.88% from the corresponding quarter of the previous year. Additionally, our most recent consensus estimate is calling for revenue of $235.38 million, indicating a downward move of 38.14% from the same quarter last year.
Additionally, it would be beneficial for investors to monitor any recent changes in analyst projections for medical properties. These latter adjustments often reflect the changing dynamics of short-term trading patterns. As a result, optimistic estimate changes indicate analysts' favorable outlook on the health and profitability of the company's business.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model that takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within 30 days, the Zacks Consensus EPS estimate has moved 10.39% lower. Medical Properties currently has a Zacks Rank of #5 (Strong Sell).
Valuation is also important, so investors should note that Medical Properties has a Forward P/E ratio of 2.51 right now. This denotes a discount to the industry's average Forward P/E of 10.47.
It's also worth noting that MPW currently has a PEG ratio of 0.84. The PEG ratio is similar to the commonly used P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The MPW industry had an average PEG ratio of 2.45 as of yesterday's close.
The REIT and Equity Trust - Another industry is part of the financial sector. This industry currently sits at #104 on the Zacks Industry Rank, putting it in the top 42% of over 250 industries.
The Zacks Industry Rank is ranked 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% of industries outperform the bottom half by a factor of 2 to 1.
Remember to use Zacks.com to follow these and more stock-moving metrics over the coming trading sessions.
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Medical Properties Trust, Inc. (MPW): Free Stock Analysis Report
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