Trade-Ideas: Healthcare Trust Of America (HTA) Is Today's Strong And Under The Radar Stock
Trade-Ideas LLC identified Healthcare Trust of America ( HTA) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Healthcare Trust of America as such a stock due to the following factors:
- HTA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $32.9 million.
- HTA has traded 14.089600000000000790123522165231406688690185546875 options contracts today.
- HTA is making at least a new 3-day high.
- HTA has a PE ratio of 102.
- HTA is mentioned 1.48 times per day on StockTwits.
- HTA has not yet been mentioned on StockTwits today.
- HTA is currently in the upper 20% of its 1-year range.
- HTA is in the upper 35% of its 20-day range.
- HTA is in the upper 45% of its 5-day range.
- HTA is currently trading above yesterday's high.
'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.
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More details on HTA: Healthcare Trust of America is a fully integrated, self-administered and internally managed real estate investment trust, or REIT. The company acquires, owns and operates medical office buildings and other facilities that serve the healthcare industry. The stock currently has a dividend yield of 4%. HTA has a PE ratio of 102. Currently there are 5 analysts that rate Healthcare Trust of America a buy, no analysts rate it a sell, and 4 rate it a hold. The average volume for Healthcare Trust of America has been 974,000 shares per day over the past 30 days. Healthcare Trust of America has a market cap of $4.0 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.18 and a short float of 1.8% with 1.52 days to cover. Shares are up 9.8% year-to-date as of the close of trading on Tuesday.
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Analysis:
rates Healthcare Trust of America as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, solid stock price performance and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Highlights from the ratings report include:
- HTA's revenue growth has slightly outpaced the industry average of 5.0%. Since the same quarter one year prior, revenues slightly increased by 9.0%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Real Estate Investment Trusts (REITs) industry average. The net income increased by 44.9% when compared to the same quarter one year prior, rising from $6.80 million to $9.86 million.
- Net operating cash flow has slightly increased to $40.45 million or 8.75% when compared to the same quarter last year. In addition, HEALTHCARE TRUST OF AMERICA has also vastly surpassed the industry average cash flow growth rate of -64.29%.
- Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. 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. We feel, however, that the other strengths this company displays justify these higher price levels.
- HEALTHCARE TRUST OF AMERICA reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, HEALTHCARE TRUST OF AMERICA reported lower earnings of $0.25 versus $0.37 in the prior year. This year, the market expects an improvement in earnings ($0.41 versus $0.25).
- You can view the full Healthcare Trust of America Ratings Report.
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