Is Piedmont Office Stock a Good Investment?
Piedmont Office Investment Advice | PDM |
- Examine Piedmont Office's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Piedmont Office's leadership team and their track record. Good management can help Piedmont Office navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified REITs space and any emerging trends that could impact Piedmont Office's business and its evolving consumer preferences.
- Compare Piedmont Office's performance and market position to its competitors. Analyze how Piedmont Office is positioned in terms of product offerings, innovation, and market share.
- Check if Piedmont Office pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Piedmont Office's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Piedmont Office Realty stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Piedmont Office Realty is a good investment.
Sell | Buy |
Hold
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Piedmont Office Stock
Researching Piedmont Office's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.72. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Piedmont Office Realty recorded a loss per share of 0.63. The entity last dividend was issued on the 22nd of November 2024. The firm had 1:12 split on the 10th of February 2010.
To determine if Piedmont Office is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Piedmont Office's research are outlined below:
| Piedmont Office has high likelihood to experience some financial distress in the next 2 years | |
| Piedmont Office Realty has 2.1 B in debt with debt to equity (D/E) ratio of 0.92, which is OK given its current industry classification. Piedmont Office Realty has a current ratio of 0.46, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Piedmont to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 577.76 M. Reported Net Loss for the year was (48.39 M) with profit before taxes, overhead, and interest of 337.71 M. | |
| Over 93.0% of Piedmont Office shares are owned by institutional investors | |
| Latest headline from phys.org: Piedmont power line plan Environmental groups worry of unintended consequences |
Piedmont Office Quarterly Liabilities And Stockholders Equity |
|
Piedmont Office uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Piedmont Office Realty. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Piedmont Office's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Piedmont Office's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Piedmont Office's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-07-18 | 2023-06-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2022-02-07 | 2021-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2021-10-27 | 2021-09-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2020-10-29 | 2020-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2019-07-31 | 2019-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2018-08-01 | 2018-06-30 | 0.1 | 0.09 | -0.01 | 10 | ||
2018-05-01 | 2018-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2016-05-02 | 2016-03-31 | 0.08 | 0.07 | -0.01 | 12 |
Know Piedmont Office's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Piedmont Office is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Piedmont Office Realty backward and forwards among themselves. Piedmont Office's institutional investor refers to the entity that pools money to purchase Piedmont Office's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Vision Capital Corp | 2024-09-30 | 2.1 M | Prudential Financial Inc | 2024-09-30 | 2 M | Nuveen Asset Management, Llc | 2024-06-30 | 1.8 M | Glenmede Trust Co Na | 2024-09-30 | 1.7 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.7 M | Amvescap Plc. | 2024-06-30 | 1.6 M | Northern Trust Corp | 2024-09-30 | 1.5 M | Goldman Sachs Group Inc | 2024-06-30 | 1.5 M | Hudson Bay Capital Management Lp | 2024-09-30 | 1.4 M | Vanguard Group Inc | 2024-09-30 | 19.4 M | Blackrock Inc | 2024-06-30 | 16.9 M |
Piedmont Office's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.21 B.Market Cap |
|
Piedmont Office's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.03) | (0.03) |
Determining Piedmont Office's profitability involves analyzing its financial statements and using various financial metrics to determine if Piedmont Office is a good buy. For example, gross profit margin measures Piedmont Office's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Piedmont Office's profitability and make more informed investment decisions.
Piedmont Office's Earnings Breakdown by Geography
Evaluate Piedmont Office's management efficiency
Piedmont Office Realty has Return on Asset of 0.0115 % which means that on every $100 spent on assets, it made $0.0115 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0454) %, meaning that it generated no profit with money invested by stockholders. Piedmont Office's management efficiency ratios could be used to measure how well Piedmont Office manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to -0.01. In addition to that, Return On Capital Employed is likely to drop to 0.02. At this time, Piedmont Office's Asset Turnover is very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 13.93 | 11.50 | |
| Tangible Book Value Per Share | 12.83 | 10.38 | |
| Enterprise Value Over EBITDA | 12.69 | 16.96 | |
| Price Book Value Ratio | 0.51 | 0.49 | |
| Enterprise Value Multiple | 12.69 | 16.96 | |
| Price Fair Value | 0.51 | 0.49 | |
| Enterprise Value | 2.9 B | 5.2 B |
Management at Piedmont Office Realty focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Dividend Yield 0.053 | Forward Dividend Yield 0.053 | Forward Dividend Rate 0.5 | Beta 1.194 |
Basic technical analysis of Piedmont Stock
As of the 28th of November, Piedmont Office holds the Coefficient Of Variation of 2003.27, semi deviation of 1.55, and Risk Adjusted Performance of 0.0436. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Piedmont Office, as well as the relationship between them. Please check Piedmont Office Realty information ratio, as well as the relationship between the potential upside and kurtosis to decide if Piedmont Office Realty is priced some-what accurately, providing market reflects its current price of 9.68 per share. Given that Piedmont Office has jensen alpha of (0.03), we recommend you to check out Piedmont Office Realty's recent market performance to make sure the company can sustain itself at a future point.Piedmont Office's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Piedmont Office insiders, such as employees or executives, is commonly permitted as long as it does not rely on Piedmont Office's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Piedmont Office insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Piedmont Office's Outstanding Corporate Bonds
Piedmont Office issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Piedmont Office Realty uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Piedmont bonds can be classified according to their maturity, which is the date when Piedmont Office Realty has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US720198AE09 Corp BondUS720198AE09 | View | |
| PDM 275 01 APR 32 Corp BondUS720198AF73 | View | |
| PIEDGA 2864 01 JAN 52 Corp BondUS72014TAE91 | View | |
| US720186AH83 Corp BondUS720186AH83 | View | |
| US720186AJ40 Corp BondUS720186AJ40 | View | |
| PIEDMONT NAT GAS Corp BondUS720186AK13 | View | |
| US720186AL95 Corp BondUS720186AL95 | View | |
| US720186AM78 Corp BondUS720186AM78 | View |
Understand Piedmont Office's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Piedmont Office's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0436 | |||
| Market Risk Adjusted Performance | 0.092 | |||
| Mean Deviation | 1.28 | |||
| Semi Deviation | 1.55 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 2003.27 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.81 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.082 | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 3.08 | |||
| Downside Variance | 2.73 | |||
| Semi Variance | 2.41 | |||
| Expected Short fall | (1.49) | |||
| Skewness | (0.27) | |||
| Kurtosis | 0.7267 |
| Risk Adjusted Performance | 0.0436 | |||
| Market Risk Adjusted Performance | 0.092 | |||
| Mean Deviation | 1.28 | |||
| Semi Deviation | 1.55 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 2003.27 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.81 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.082 | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 3.08 | |||
| Downside Variance | 2.73 | |||
| Semi Variance | 2.41 | |||
| Expected Short fall | (1.49) | |||
| Skewness | (0.27) | |||
| Kurtosis | 0.7267 |
Consider Piedmont Office's intraday indicators
Piedmont Office intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Piedmont Office stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Piedmont Office Corporate Filings
F3 | 8th of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 29th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 24th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
13A | 18th of October 2024 An amended filing to the original Schedule 13G | ViewVerify |
Piedmont Stock media impact
Far too much social signal, news, headlines, and media speculation about Piedmont Office that are available to investors today. That information is available publicly through Piedmont media outlets and privately through word of mouth or via Piedmont internal channels. However, regardless of the origin, that massive amount of Piedmont data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Piedmont Office news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Piedmont Office relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Piedmont Office's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Piedmont Office alpha.
Piedmont Office Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Piedmont Office can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Piedmont Office Corporate Directors
| Barbara Lang | Independent Director | Profile | |
| Kelly Barrett | Independent Director | Profile | |
| Wesley Cantrell | Independent Director | Profile | |
| Jeffrey Swope | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Office. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 0.5 | Earnings Share (0.63) | Revenue Per Share 4.621 | Quarterly Revenue Growth (0.05) |
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Piedmont Office's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.