W.P. Carey stock: buy or sell?
August 23rd, 2019
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 choose 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.
These 2 buy setups are elegible for W.P. Carey stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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 detected 3 ratings published for WPC stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-3-26||Mitsubishi UFJ Financial Group||n/a||Neutral|
W.P. Carey stock analysis
After several days of continuous hikes in past weeks, W.P. Carey decreased -1.05% to $87.73.
W.P. Carey decreased -1.05% today to $87.73 after topping to all time highs today. WPC is retaking the upward trend marking a new rising bottom heading to break out over $89.20. On August 6th WPC price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
Shares of W.P. Carey closed this week at $87.73 after reaching a new all time high ($89.82) even it couldn't close with gains and decreased an unpleasant -1.00%. Early August WPC boosted a great 5.46% in just one week.
WPC shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early August, WPC climbed unceasignly breaking out to new all time highs. By mid November 2018, SMA10w and SMA20w crossed up triggering a rise of 41.64%. By mid November 2018 WPC price bounced up over the SMA of 20 weeks that acted as support stopping new slides.
W.P. Carey stock price history
W.P. Carey stock went public on January 21st, 1998 with a price of $5.081. Since then, WPC stock grew a 1,627.00%, with a yearly average of 77.50%. If you had invested $1,000 in W.P. Carey stock in 1998, it would worth $16,270.00 today.
1: Adjusted price after possible price splits or reverse-splits.
W.P. Carey stock historical price chart
WPC stock reached all-time highs today with a price of $89.82.
W.P. Carey stock price target is $79.50Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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 published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-3-26||Mitsubishi UFJ Financial Group||Initiates||n/a||$78.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince February, when W.P. Carey published its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a nice growth of 4.41% to $885.73 M USD. When comparing 2018 vs 2017, slightly better, profit margin (that is, the net income divided by revenues) skyrocketed a 13.78% to 46.47%.
|2013||$492 M||-||$60 M12.2%||-|
|2014||$906 M||84.14%||$240 M26.4%||299.81%|
|2015||$938 M||3.55%||$172 M18.4%||-28.13%|
|2016||$942 M||0.34%||$268 M28.4%||55.43%|
|2017||$848 M||-9.90%||$277 M32.7%||3.56%|
|2018||$886 M||4.41%||$412 M46.5%||48.42%|
Quarterly financial resultsW.P. Carey posted $273.40 million in sales for 2018-Q4, a 30.57% improvement compared to previous quarter. Reported quarter income 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 sales to same quarter last year, W.P. Carey sales marked a super good growth and boosted a 38.81%. Looking back to recent quarterly results, W.P. Carey posted 2 positive quarters in a row.
|2017-Q1||$222 M||-||$57 M25.8%||-|
|2017-Q2||$224 M||0.87%||$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 M||2.46%||$65 M32.3%||-13.21%|
|2018-Q2||$201 M||-0.33%||$76 M37.6%||15.94%|
|2018-Q3||$209 M||4.10%||$77 M36.9%||2.20%|
|2018-Q4||$273 M||30.57%||$193 M70.7%||149.86%|
W.P. Carey ownershipWhen you are planning to buy shares of a stock, it's worth to overview 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, 1.18% of all outstanding shares are owned by its staff.
In case of W.P. Carey stock, 50.53% 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.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$9.4 B||$16.6 B||$5.2 B||$3.1 B||$6.5 B|
|Total shares||107.2 M||336.3 M||154.4 M||234.5 M||84.3 M|
|Float shares||168.8 M||332.2 M||151.3 M||200.1 M||82.0 M|
|- Institutional holdings (%)||50.5%||95.9%||106.2%||74.2%||100.6%|
|- Insider holdings (%)||1.2%||1.0%||1.5%||14.4%||0.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
W.P. Carey summary
|Friday, August 23rd, 2019|
|Day range||$87.65 - $89.82|
|Average true range||$1.34|
|50d mov avg||$85.05|
|100d mov avg||$82.13|
|200d mov avg||$75.72|
W.P. Carey performanceTo better understand W.P. Carey performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare W.P. Carey to CBRE, Hudson Pacific Properties, Paramount and SL Green Realty:
|HPPHudson Pacific Pr...||-0.65%||1.78%||5.44%|
|SLGSL Green Realty||-12.38%||-15.11%||-22.56%|
W.P. Carey competitorsOne check before trading any stock is to have a look a list of its competitors, in this case for W.P. Carey. We selected 4 companies as W.P. Carey competitors as they are in the same industry or have similar market objectives.
Latest W.P. Carey stock news
- Seeking AlphaA Look At The Benefits W.P. Carey Will Derive From The Corporate Property Associates AcquisitionJune 21, 2018