Equity Commonwealth is in the REITs industry and real estate sector. The company CEO is David A. Helfand. Equity Commonwealth is an internally managed and self-advised real estate investment trust. The company is engaged in the ownership and operation of office and industrial buildings throughout the United States.



Previous Intraday Performance:

The EQC shares had a previous change of 0.15% which opened at 32.61 and closed at 32.65. It moved to an intraday high of 32.72 and a low of 32.44.

Business Wire:  Equity Commonwealth Announces First Quarter 2019 Earnings Conference Call

Historical Performance:

Over the last five trading days, EQC shares returned -0.70% and in the past 30 trading days it returned 0.18%. Over three months, it changed 9.90%. In one year it has changed 17.96% and within that year its 52-week high was 33.77 and its 52-week low was 28.48. EQC stock is 14.64% above its 52 Week Low.

Our calculations result in a 200 day moving average of 30.34 and a 50 day moving average of 32.34. Right now, EQC stock is trading 7.60% above its 200 day moving average.

Business Wire:  Equity Commonwealth Announces First Quarter 2019 Earnings Conference Call

Liquidity:

The company has a market cap of $4.0b with 121.7m shares outstanding and a float of 119.4m shares. Trading volume was 437,659 shares and has experienced an average volume of 699,828 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Equity Commonwealth was 2.13 which ended on 31st of December 2018, which according to the previous close, that is a PE of 15.33. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.16. The trailing twelve month EPS is 0.70, which comes to a trailing twelve month PE of 46.64.

Below was the last reported quarterly earnings per share:
12-31-2018:  0.21
09-30-2018:  0.18
06-30-2018:  0.17
03-31-2018:  0.14

Base on our calculations, the intrinsic value per share is 5.92, which means it might overvalued by -451.78%

The next earnings report will be: 03-29-2019



EPS growth is an important number as it indicates the future prospects of Equity Commonwealth; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been -41.30% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 1.90% of insider ownership and 130.60% of institutional ownership. Short-interest was 2,518,291, which was 2.07% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.94. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.33

SeekingAlpha:  MLPs: A Quiet Place

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 8.48%, return on assets is 6.82%, price-to-sales is 20.13 and price-to-book is 1.29.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 6  : Financial Safety Result
 4  : Past Performance Result
 3  : Valuation Result
 0  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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