Today Douglas Emmett (DEI) Hits New Lifetime High

Trade-Ideas LLC identified Douglas Emmett (DEI) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Douglas Emmett

(

DEI

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Douglas Emmett as such a stock due to the following factors:

  • DEI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $27.6 million.
  • DEI has traded 24,498 shares today.
  • DEI is trading at a new lifetime high.

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More details on DEI:

Douglas Emmett, Inc., a real estate investment trust, owns and operates office and multifamily properties in California and Hawaii. As of December 31, 2007, the company's office portfolio consisted of 48 properties and multifamily portfolio consisted of 9 properties. The stock currently has a dividend yield of 2.8%. DEI has a PE ratio of 93. Currently there are 6 analysts that rate Douglas Emmett a buy, 2 analysts rate it a sell, and 4 rate it a hold.

The average volume for Douglas Emmett has been 1.1 million shares per day over the past 30 days. Douglas Emmett has a market cap of $4.5 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.51 and a short float of 4.1% with 4.45 days to cover. Shares are up 10.2% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Douglas Emmett as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

Highlights from the ratings report include:

  • Despite its growing revenue, the company underperformed as compared with the industry average of 6.2%. Since the same quarter one year prior, revenues slightly increased by 4.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displaying stagnant earnings per share.
  • Net operating cash flow has increased to $63.27 million or 18.55% when compared to the same quarter last year. In addition, DOUGLAS EMMETT INC has also vastly surpassed the industry average cash flow growth rate of -72.17%.
  • 36.79% is the gross profit margin for DOUGLAS EMMETT INC which we consider to be strong. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, DEI's net profit margin of 8.19% significantly trails the industry average.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, DOUGLAS EMMETT INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, regardless of the company's weak earnings results. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry, implying reduced upside potential.

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