Brandywine Realty Trust (NYSE:BDN) currently has a daily average trading volume of 2.25M but it saw 4439521 shares traded on Wednesday. With a market cap of 899.55M USD, stock’s current market price of $4.99 came falling about -0.40 while comparing to the previous closing price of $5.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.55 and as low as $4.95. In the recent trading on the day, stock has struck highest price mark of $5.06 while lowest mark touched by it was $4.76.
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Taking a look at 20-day trading activity of Brandywine Realty Trust (BDN) gives us an average price of $5.85, while its current price level is -65.70% below from 52-week high level whereas it is 0.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.20 while that of 200 days or SMA-200 reads an average of $7.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.67% during that period while stretching the period over a month that decreases to 3.50%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 16.63 which implies that the stock is in oversold territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which downgraded the stock as “Sell” in its note to investors issued on December 14, 2022, recommending a price target of between $6.50 and $5 for it. Truist upgraded its recommendation for the stock as a “Buy” from “Hold” on September 14, 2022 while assigning a price target of $11. Credit Suisse issued its recommendations for the stock as it initiated the price target for the stock is $0.
Over the week, BDN’s stock price is moving -11.05% down while it is -24.96% when we observe its performance for the past one month. Year-to-date it is -18.86% down and over the past year, the stock is showing a downside performance of -62.42%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2022, when its quarterly earnings per share (EPS) of $0.17 beat the consensus estimate of -$0.01 for the same. For BDN, analysts are forecasting an EPS-growth rate of -161.30% for current year and estimate for EPS growth in next year is 47.40%. In next quarter, company is expected to be making quarterly sales of $128.27 million as analysts are expecting the sales for current fiscal year at $520.43 million and seeing the company making $525.89 million in sales next year. Moreover, analysts are in estimates of $128.37 million for current-quarter revenue.
Currently, Brandywine Realty Trust’s total number of outstanding shares is 171.57M with 1.75% of that held by the insiders while 95.50% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.60% and return on equity (ROE) at 3.30%. It has a price to earnings ratio (P/E ratio) of 16.10. Stock’s beta reads 1.15. Stock has a price to book (P/B) ratio of 0.53 while price to sale or P/S ratio amounts to 1.78. Its return on asset (ROA) is 1.40% on average.
As per SEC documents, iShares Core S&P Small Cap ETF sought 12,679,572 of company’s common stock of worth $74.68 million as per recent closing price of the stock. iShares Core S&P Small Cap ETF is not the only institutional holder which restructured its stake in Brandywine Realty Trust, as Vanguard Real Estate Index Fund picked 7,664,789 shares of worth $45.15 million to bring its holdings to a total of 4574.0 shares. In the most recent quarter, Vanguard Total Stock Market Index came rising its stake by 0.38% in the company and now holds 5.4 million or 3.15% of the company’s stake having worth of about 31.81 million.
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