W.P. Carey stock: buy or sell?

WPC stock price: $83.14 -0.14% At close on January 17th, 2020

Updated on:
January 17th, 2020

3

W.P. Carey remained stable a tight -0.14% and closed at $83.14.

W. P. Carey Inc. is a leading internally-managed net lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions primarily for companies in the U.

Should I buy W.P. Carey stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. 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. 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 W.P. Carey stock now:

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

Is W.P. Carey stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 3 ratings published for WPC stock in the last month.

Is WPC a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-6-7CitigroupSellNeutral
2019-4-1Evercore ISIn/aUnderperform
2019-3-26Mitsubishi UFJ Financial Groupn/aNeutral

W.P. Carey stock analysis

Daily outlook

W.P. Carey shares remained steady -0.14% to $83.14 yesterday.

W.P. Carey closed yesterday at $83.14 and remained steady a tight -0.14%. In the last 5 days when WPC stock price broke up the SMA200d line, it gained $1.06 (1.29%). On October, WPC hit new all time highs, pushing higher previous ATH of $92.34 recorded on October. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

WPC stock chart (daily)

Weekly outlook

W.P. Carey shares broke up the simple moving average line of 200d, closing at $83.14. This week was the fifth green week in a row. Early December WPC collapsed a scary -5.80% in just one week.

Not so far away is the last price record W.P. Carey marked late October 2019.

WPC stock chart (weekly)

W.P. Carey stock price history

W.P. Carey IPO was on January 21st, 1998 at $4.96 per share1. Since then, WPC stock grew a 1,576.20%, with a yearly average of 75.10%. If you had invested $1,000 in W.P. Carey stock in 1998, it would worth $15,762.00 today.

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

W.P. Carey stock historical price chart

WPC stock reached all-time highs on October with a price of $92.40.

W.P. Carey stock price target is $79.50

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 2 price predictions for W.P. Carey stock posted in the last 30 days:
WPC stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-7CitigroupUpgrades$59.00$81.0037.3%
2019-3-26Mitsubishi UFJ Financial GroupInitiatesn/a$78.00-
(in average)$59.00$79.5035.0%
Moving in a range from $81.00 and $78.00, the price target for WPC stock is $79.50. In average, analysts' outlook on WPC price target is positive, increasing the prediction by a 35.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, W.P. Carey was in line with the expectations of the analysts and reported an EPS of $1.33 per share. As soon as we get its actual EPS from the earnings report, we will extend this review.
WPC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q32017-11-030.580.7427.6%
2017-Q42018-02-231.121.3117.0%
2018-Q12018-05-041.191.287.6%
2018-Q22018-08-031.281.323.1%
2018-Q32018-11-021.41.485.7%
2018-Q42019-02-221.311.331.5%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a beatiful increase of 4.41% to $885.73 million dollars. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) climbed a 13.78% to 46.47%.

WPC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$492 M-$60 M12.2%-
2014$906 M84.14%$240 M26.4%299.81%
2015$938 M3.55%$172 M18.4%-28.13%
2016$942 M0.34%$268 M28.4%55.43%
2017$848 M-9.90%$277 M32.7%3.56%
2018$886 M4.41%$412 M46.5%48.42%

Quarterly financial results

W.P. Carey posted $273.40 million in revenues for 2018-Q4, a 30.57% improvement compared to previous quarter. Reported quarter earnings marked $193.26 M with a profit margin of 70.69%. Profit margin rocketed a 33.75% compared to previous quarter when profit margin was 36.94%. When comparing revenues to same quarter last year, W.P. Carey sales marked an outstanding increase and boosted a 38.81%. Looking back to recent quarterly results, W.P. Carey posted 2 negative quarters in a row.
WPC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$222 M-$57 M25.8%-
2017-Q2$224 M0.87%$61 M27.1%5.90%
2017-Q3$211 M-5.93%$80 M38.1%32.36%
2017-Q4$197 M-6.54%$75 M38.2%-6.31%
2018-Q1$202 M2.46%$65 M32.3%-13.21%
2018-Q2$201 M-0.33%$76 M37.6%15.94%
2018-Q3$209 M4.10%$77 M36.9%2.20%
2018-Q4$273 M30.57%$193 M70.7%149.86%

W.P. Carey ownership

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

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For W.P. Carey, 1.08% of all outstanding shares are owned by its staff.

In case of W.P. Carey stock, 59.36% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for WPC stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to W.P. Carey:

WPC
Market cap$14.3 B
Total shares172.3 M
Float shares170.4 M
  - Institutional holdings (%)59.4%
  - Insider holdings (%)1.1%
Shares in short selling0.0%

W.P. Carey summary

Friday, January 17th, 2020
Open$83.21
Close$83.14
Day range$82.82 - $83.33
Previous close$83.26
Session gain-0.14%
Average true range$1.15
50d mov avg$80.95
100d mov avg$84.79
200d mov avg$82.51
Daily pattern
Weekly pattern

W.P. Carey 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 W.P. Carey performance to :
Stock3m6m12m
WPCW.P. Carey-9.86%1.63%25.19%

W.P. Carey competitors

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

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