OC">Healthpeak Properties, Inc. (NYSE
OC) is a real estate investment trust (REIT) that focuses on owning and developing healthcare properties. The company is set to release its fourth-quarter 2024 earnings on February 3, 2025. Analysts expect earnings per share (EPS) to be $0.05, with projected revenue of approximately $691.8 million.
The company's earnings are anticipated to benefit from increased healthcare spending and an aging population. However, higher interest expenses might have negatively impacted the results, as highlighted by the company's financial metrics. In the previous quarter, Healthpeak reported funds from operations (FFO) as adjusted per share of $0.45, surpassing the Zacks Consensus Estimate by $0.01.
Over the past four quarters, Healthpeak's FFO as adjusted per share consistently exceeded the Zacks Consensus Estimate, with an average beat of 2.26%. Despite this strong performance, the upcoming results might show a decline in FFO per share, even though revenue is expected to grow year-over-year.
Healthpeak's financial ratios provide insight into its valuation and financial health. The company has a price-to-earnings (P/E) ratio of 58.93, indicating a high valuation relative to earnings. The price-to-sales ratio is 6.76, and the enterprise value to sales ratio is 10.83, reflecting the company's total valuation relative to its sales.
The enterprise value to operating cash flow ratio is 22.40, offering insight into the company's valuation compared to its cash flow from operations. The debt-to-equity ratio is 1.04, suggesting moderate debt usage. However, the current ratio of 0.63 indicates potential challenges in covering short-term liabilities with short-term assets.
Read More