EQR stock: buy or sell
Updated on:
Jan 18th, 2021
2
EQR stock brief
- Counting last Friday, it's been 4 consecutive sessions in green for Equity Residential of Beneficial Interes. Price closed last Friday at $61.59 after climbing a 1.99%.
- From the chart point view, price is drawing an scaled downtrend since last November with lower tops and lower bottoms. this downtrend marked a -7.70% loss(from its highs at $66.73).
- The price is currently over the upper Bollinger band, which often indicates a short-term correction
- Equity Residential is committed to creating communities where people thrive.
Should I buy Equity Residential of Beneficial Interes stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $EQR stock a buy?
In the current situation of Equity Residential of Beneficial Interes there is not any eligible buy setup. This doesn't mean $EQR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Equity Residential of Beneficial Interes stock?
How to know when is it time to sell Equity Residential of Beneficial Interes stock?. As when we have to buy shares, choosing when is appropiate time to sell is not a haphazard decision, and we must adhere our own trading strategy. When selling, as well as buying, detailed strategies are very simple to follow but are only valid for selling stocks you already own, not for shorting $EQR stock
A guiding principle is that you should not hold an investment that shows a losses greater than those expected by the time of the buy. The moment to sell shares should always be determined by the stop-loss (automatic or manual)
Is it time to sell Equity Residential of Beneficial Interes stock?
Currently, Equity Residential of Beneficial Interes stock doesn't match any of our preferred sell setups, so if you hold Equity Residential of Beneficial Interes stock and your operation is in profit probably is not time to sell now
Equity Residential of Beneficial Interes ratings
In the last 30 days, just one rating was published for Equity Residential of Beneficial Interes
| Brokerage firm | Rating |
|---|---|
| Jan 11th, 2021 | |
| BMO Capital Markets | |
Equity Residential of Beneficial Interes stock analysis
From a technical standpoint, Equity Residential of Beneficial Interes continues trending lower since last November, and has accumulated a selloff of -7.70%. Like in all downtrends, the stock oscillates drawing lower highs and lows. In this case, we have seen 2 consecutive lower tops.
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
When the price moves out of the band (above the upper line or below the lower line) it shows that the price action is maintaining a very strong trend and therefore can correct the trend to the average. In this case, the price is above the upper band, which should mean a possible near-term corrective movement (at least) until it is below the band
Relative strength index
The RSI dropped below the overbought level of 70 last November after just crossing to the overbough zone for just one day (weak signal). The RSI value last Friday was 62.57. Since that level was lost, Equity Residential of Beneficial Interes stock moved up a 1.28%
Equity Residential of Beneficial Interes stock price history
Equity Residential of Beneficial Interes started trading priced at an adjusted price1 of $3.27 on Aug 1993. Since then, EQR stock surged by 1,783.49%, with an average of 66.06% per year. If you had invested thousand dollars in Equity Residential of Beneficial Interes stock on the IPO, it would have a value of $18,834.86 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Equity Residential of Beneficial Interes stock
Nobody can predict how much a stock will be priced in the future. Banks and financial organisations publish their analysis predicting how a stock will performance in the future.
Along with buy or sell recommendations, brokerage institutions post their price estimates based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental data by the company, and many times. Again, these predictions are not direct recommendations for small investors and must not be followed blindly.
There is just one price target available for Equity Residential of Beneficial Interes that predicts a price of $61.00.
| Brokerage firm | Price target |
|---|---|
| Jan 11th, 2021 | |
| BMO Capital Markets | $57.00 → $61.00 |
Earnings and financials
Equity Residential ($EQR) released quarterly earnings of $0.77 per share last October, highly beating the analysts consensus estimate of $0.35 per share. This Q3 report means an earnings surprise of 120.00%. On the contrary, reported sales were $622.4 million, aligned with analysts' forecasts.
In comparison, the EPS for the same quarter last year was $0.71, so posted EPS is a improvement of 8.45%. Looking at revenue, figures fell a -9.15% compared to $6.9B same quarter last year.EQR ($EQR) is hosting the Q4 earnings call on Tuesday next week. Market analysts analysts forecast of $0.24, that is a 68.83% lower than previous quarter.
Equity Residential of Beneficial Interes competitors
Equity Residential of Beneficial Interes is classified inside the REIT - Residential industry, where it has industry peers.
Equity Residential of Beneficial Interes most relevant competitors are:
| Company | Market cap | Rating | Bullish ratings1 |
|---|---|---|---|
| Equity Residential of Beneficial Interes ($EQR) | $22.5B | Neutral | 0 |
| AvalonBay ($AVB) | $21.7B | Neutral | 0 |
| Mid-America Apartment Communities (MAA) | $14.3B | Neutral | 0 |
| UDR (UDR) | $11.3B | Neutral | 0 |
| American Homes 4 Rent of Beneficial Inte (AMH) | $9.4B | Neutral | 0 |
| Independence Realty (IRT) | $1.3B | | 1 |
1 In the last 30 days.
Equity Residential of Beneficial Interes performance
To better understand Equity Residential of Beneficial Interes performance you must compare its gains with other related stocks in same sector or industry.. For Equity Residential of Beneficial Interes, the benchmark is made against AvalonBay, Mid-America Apartment Communities, UDR, American Homes 4 Rent of Beneficial Inte and Independence Realty.
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Equity Residential of Beneficial Interes ($EQR) | 5.10% | 18.50% | 11.50% |
| AvalonBay ($AVB) | 2.30% | 8.40% | 10.70% |
| Mid-America Apartment Communities (MAA) | 7.40% | 8.80% | 19.50% |
| UDR (UDR) | 3.20% | 18.30% | 10.90% |
| American Homes 4 Rent of Beneficial Inte (AMH) | 0.60% | 3.20% | 9.80% |
| Independence Realty (IRT) | -1.80% | 14.90% | 23.60% |
Important note:
The comments expressed in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this paper does not have an understanding of the individual positions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are expressed for informational purposes onlyEQR summary
| Friday, January 15th, 2021 | |
|---|---|
| Open | $60.46 |
| Close | $61.59 |
| Day range | $60.08 - $61.68 |
| Previous close | $60.39 |
| Session gain | 1.99% |
| Average true range | $1.75 |
| 50d mov avg | $58.59 |
| 100d mov avg | $55.62 |
| 200d mov avg | $56.79 |
| Earnings date | January 26th, 2021 |