Ventas Inc (VTR) stock hits $44.01: Is it a good time to buy or wait for a dip?

Ventas Inc [VTR] stock is trading at $44.01, up 1.20%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VTR shares have gain 2.95% over the last week, with a monthly amount drifted -0.92%, and not seem to be holding up well over a long-time horizon.

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On 3, April 2024, Ventas Announces First Quarter 2024 Earnings Release Date and Conference Call. In a post published today on Yahoo Finance, Ventas, Inc. (NYSE: VTR) will issue its first quarter 2024 earnings release after the close of trading on the New York Stock Exchange on Wednesday, May 1, 2024. A conference call to discuss those earnings will be held on Thursday, May 2, 2024 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

From an analyst’s perspective:

Ventas Inc [NYSE: VTR] stock has seen the most recent analyst activity on March 18, 2024, when Evercore ISI upgraded its rating to a Outperform but kept the price target unchanged to $50 for it. Previously, Wells Fargo downgraded its rating to Equal Weight on February 26, 2024, and dropped its price target to $46. On January 30, 2024, Deutsche Bank initiated with a Buy rating and assigned a price target of $60 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $53 on January 16, 2024. Wedbush upgraded its rating to a Outperform and raised its price target to $51 on November 07, 2023. Exane BNP Paribas started tracking with a Outperform rating for this stock on October 11, 2023, and assigned it a price target of $47. In a note dated October 03, 2023, Wedbush initiated an Neutral rating and provided a target price of $44 on this stock.

Ventas Inc [VTR] stock has fluctuated between $39.33 and $50.99 over the past year. Currently, Wall Street analysts expect the stock to reach $59.27 within the next 12 months. Ventas Inc [NYSE: VTR] shares were valued at $44.01 at the most recent close of the market. An investor can expect a potential return of 34.67% based on the average VTR price forecast.

Analyzing the VTR fundamentals

Ventas Inc [NYSE:VTR] reported sales of 4.50B for the trailing twelve months, which represents a growth of 10.74%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.42.

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 43.53 points at the first support level, and at 43.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.26, and for the 2nd resistance point, it is at 44.51.

Ventas Inc [VTR] reported earnings per share of -$0.23 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.14/share, meaning a difference of -$0.09 and a surprise factor of -64.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.18 per share as compared to estimates of -$0.01 per share, a difference of -$0.17 representing a surprise of -1,700.00%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.94, the price to book ratio is 1.87.

Transactions by insiders

Recent insider trading involved RAKOWICH WALTER C, Director, that happened on May 26 ’23 when 1242.0 shares were sold.

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