EQC stock: buy or sell?

EQC stock price: $32.09 1.20% At close on April 1st, 2020

Updated on:
April 1st, 2020

4

Equity Commonwealth shares stepped up 1.20% to $32.09 today.

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties throughout the United States.

Should I buy EQC stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Check the only buy setup that matches with Equity Commonwealth stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is Equity Commonwealth stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for EQC stock for the last month.

EQC stock analysis

Daily outlook

Shares of Equity Commonwealth stepped up a fine 1.20% and closed at $32.09.

Equity Commonwealth stepped up a fine 1.20% and closed at $32.09. In the last 6 days when EQC stock price broke up the SMA200d line, it gained $1.01 (3.25%). From a daily perspective, EQC is in a short term uptrend after plotting its last bottom ($27.80, on Mar/18) higher than the previous bottom, and its last top ($32.69, on Thursday) also over the previous top. Now trading in between its last bottom and last top EQC might consolidate in a plain range, waiting to break out over $32.69 or down under $27.80.

EQC stock chart (daily)

Weekly outlook

After boosting a super good 7.59% in a week last week, Equity Commonwealth closed this week at $32.09 and raised a tiny 0.60%.

The downtrend marked by EQC has left successive falling tops and bottoms. If the support holds the price, this might mark a double bottom configuration and create a flat-base to reverse this downtrend. Last week EQC price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

EQC stock chart (weekly)

EQC stock price history

EQC IPO was on December 17th, 1986 at $0.00 per share1. Since then, EQC stock grew a inf%, with a yearly average of inf%. If you had invested right after EQC's IPO a $1,000 in EQC stock in 1986, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

EQC stock historical price chart

EQC stock reached 52-week highs on February at $33.51, and all-time highs 1998-01-16 with a price of 33.55.

EQC stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price prediction for Equity Commonwealth stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Equity Commonwealth reported its latest financial data, posting an outstanding climb for the Earnings per Share (EPS). Analyst expected $0.16 per share, but Equity Commonwealth posted $0.21.
EQC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.02n/a
2017-Q32017-10-24n/an/an/a
2017-Q42018-02-14n/an/an/a
2018-Q12018-05-070.170.14-17.6%
2018-Q22018-07-300.140.1721.4%
2018-Q32018-10-240.190.18-5.3%
2018-Q42019-02-130.160.2131.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Equity Commonwealth annual sales plummed a bloodcurdling -42.15% to $197.02 million USD from $340.57 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) skyrocketed a 129.76% to 138.47%.

EQC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$957 M-$56 M5.8%-
2014$862 M-9.93%$24 M2.8%-56.94%
2015$715 M-17.05%$100 M14.0%315.86%
2016$501 M-29.96%$233 M46.5%133.23%
2017$341 M-31.98%$30 M8.7%-87.27%
2018$197 M-42.15%$273 M138.5%819.93%

Quarterly financial results

Equity Commonwealth posted $42.93 M in revenues for 2018-Q4, a -8.42% decline compared to previous quarter. Reported quarter earnings marked $15.42 M with a profit margin of 35.92%. Profit margin plunged a -33.98% compared to previous quarter when profit margin was 69.90%. When comparing sales to same quarter last year, Equity Commonwealth sales marked a chilling drop down and collapsed a -40.07%. Looking back to recent quarterly results, Equity Commonwealth posted 6 positive quarters in a row.
EQC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$92 M-$-6 M-6.3%-
2017-Q3$78 M-15.13%$33 M42.5%-671.60%
2017-Q4$72 M-8.26%$-22 M-30.1%-164.92%
2018-Q1$59 M-18.20%$188 M320.2%-970.08%
2018-Q2$49 M-16.99%$37 M76.1%-80.26%
2018-Q3$47 M-3.62%$33 M69.9%-11.53%
2018-Q4$43 M-8.42%$15 M35.9%-52.95%
2019-Q1$42 M-2.73%$211 M504.2%1,265.49%

Equity Commonwealth ownership

When you are planning to buy a company, it's always worth to have a look its ownership structure.

Equity Commonwealth shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.66% of all shares.

Bearish positions for EQC stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Equity Commonwealth:

EQC
Market cap$3.9 B
Total shares122.0 M
Float shares119.8 M
  - Institutional holdings (%)99.2%
  - Insider holdings (%)1.7%
Shares in short selling0.0%

EQC summary

Wednesday, April 1st, 2020
Open$30.94
Close$32.09
Day range$30.94 - $32.26
Previous close$31.71
Session gain1.20%
Average true range$2.07
50d mov avg$31.86
100d mov avg$32.13
200d mov avg$31.31
Daily patternlt06a
Weekly pattern lt02a

Equity Commonwealth performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Equity Commonwealth performance to :
Stock3m6m12m
EQC-2.10%2.75%9.30%

Equity Commonwealth competitors

Unfortunately, we could not find any public company that could be defined as Equity Commonwealth competitor. This doesn't mean Equity Commonwealth does not have any competitor in the market, it's just we could not detected it.