Welltower Inc. [WELL] stock is trading at $70.85, down -0.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WELL shares have lost -2.21% over the last week, with a monthly amount drifted -6.47%, and not seem to be holding up well over a long-time horizon.
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On 6, March 2023, Welltower to Present at Citi 2023 Global Property CEO Conference. In a post published today on Yahoo Finance, Shankh Mitra, CEO, Tim McHugh, CFO and John Burkart, COO of Welltower Inc. (NYSE: WELL), will participate in the Citi 2023 Global Property CEO Conference on Monday, March 6, 2023 from 1:00 to 1:35 p.m. Eastern Time. A live webcast of the Welltower presentation will be available at the following link which will be available for one year following the completion of the conference on March 7, 2023:.
From an analyst’s perspective:
Welltower Inc. [NYSE: WELL] stock has seen the most recent analyst activity on January 09, 2023, when Raymond James upgraded its rating to a Strong Buy and also boosted its price target to $82 from $72. Previously, Evercore ISI downgraded its rating to In-line on November 21, 2022, and kept the price target unchanged to $72. On November 01, 2022, Credit Suisse reiterated its Outperform rating and revised its price target to $75 on the stock. Raymond James downgraded its rating to a Outperform and decreased its price target to $70 on November 01, 2022. Robert W. Baird downgraded its rating to a Neutral but $66 remained the price target by the analyst firm on October 10, 2022. In a note dated August 11, 2022, SMBC Nikko downgraded an Neutral rating on this stock but restated the target price of $84.
Welltower Inc. [WELL] stock has fluctuated between $56.50 and $99.43 over the past year. Currently, Wall Street analysts expect the stock to reach $82.00 within the next 12 months. Welltower Inc. [NYSE: WELL] shares were valued at $70.85 at the most recent close of the market. An investor can expect a potential return of 15.74% based on the average WELL price forecast.
Analyzing the WELL fundamentals
Welltower Inc. [NYSE:WELL] reported sales of 1.52 billion for the most recent quarter, which represents a growth of 16.00%. Gross Margin for this corporation currently stands at +16.94% with Operating Margin at +14.76%, Pretax Margin comes in at +2.96%, and Net Margin reading is +2.41%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 69.73 points at the first support level, and at 68.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.66, and for the 2nd resistance point, it is at 72.47.
Welltower Inc. [WELL] reported earnings per share of -$0.01 for its fiscal quarter that ended on 9/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.16/share, meaning a difference of -$0.17 and a surprise factor of -106.20%. By comparison, the stated earnings for the previous quarter ended on 6/29/2022 were $0.2 per share as compared to estimates of $0.18 per share, a difference of $0.02 representing a surprise of 11.10%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.21, the price to book ratio is 1.58 and the P/E (TTM) ratio is 256.70.
Transactions by insiders
Insider trading, which has resulted in 2 insider purchases of 1,025 shares and 12 insider sales of 63,213 shares in the past three months, is now the topic of our analysis.