HCP, Inc. (HCP): What’s the Story?

HCP, Inc. (HCP) is an interesting player in the Financial space, with a focus on REIT – Healthcare Facilities. The stock has been active on the tape, currently trading at $24.27, up from yesterday’s close by 0.37%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

HCP, Inc. (HCP) currently trades with a market capitalization of $11.40 Billion. That value represents a market adjusting for revenues that have been falling by -2.64 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $781.68 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.12 on a per share basis this quarter. Perhaps, that suggests something about why 0.89% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how HCP has been acting. Looking at the stock’s movement on the chart, HCP, Inc. recorded a 52-week high of $33.67. It is now trading 9.4% off that level. The stock is trading $23.32 its 50-day moving average by -0.95%. The stock carved out a 52-week low down at $21.48.

In recent action, HCP, Inc. (HCP) has made a move of +2.02% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.20% with $468.80 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of HCP.

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