Highwoods Properties, Inc. (HIW) Stock Up 3.96%: Latest Performance Analysis

A share price of Highwoods Properties, Inc. [HIW] is currently trading at $30.48, up 3.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HIW shares have lost -0.55% over the last week, with a monthly amount glided 15.81%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Highwoods Properties, Inc. [NYSE: HIW] stock has seen the most recent analyst activity on January 30, 2024, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $28. Previously, Morgan Stanley downgraded its rating to Underweight on December 21, 2023, and dropped its price target to $18. On November 13, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $20 on the stock. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $22 on August 30, 2023. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $26 on March 09, 2023. Robert W. Baird downgraded its rating to Neutral for this stock on October 10, 2022, but kept the price target unchanged to $31. In a note dated June 30, 2022, Jefferies downgraded an Hold rating on this stock and revised its target price from $46 to $35.

Highwoods Properties, Inc. experienced fluctuations in its stock price throughout the past year between $17.06 and $31.58. Currently, Wall Street analysts expect the stock to reach $33.67 within the next 12 months. Highwoods Properties, Inc. [NYSE: HIW] shares were valued at $30.48 at the most recent close of the market. An investor can expect a potential return of 10.47% based on the average HIW price forecast.

Analyzing the HIW fundamentals

Trailing Twelve Months sales for Highwoods Properties, Inc. [NYSE:HIW] were 832.40M which represents -1.23% decline. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.32.

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 29.62 points at the first support level, and at 28.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.11, and for the 2nd resistance point, it is at 31.73.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.88, the price to book ratio is 1.35 and price to earnings (TTM) ratio is 21.65.

Transactions by insiders

Recent insider trading involved Evans Carlos E, Director, that happened on Feb 22 ’24 when 20000.0 shares were purchased. EVP & COO, Leary Brian M completed a deal on Oct 27 ’23 to buy 1000.0 shares.

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