Piedmont Office Realty Stock Buy Hold or Sell Recommendation
| PDM Stock | USD 6.89 0.08 1.15% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Piedmont Office Realty is 'Cautious Hold'. Macroaxis provides Piedmont Office buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PDM positions. The advice algorithm takes into account all of Piedmont Office's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Piedmont Office's buy or sell advice are summarized below:
Real Value 8.73 | Target Price 10.75 | Hype Value 6.88 | Market Value 6.89 | Naive Value 6.86 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Piedmont Office Realty given historical horizon and risk tolerance towards Piedmont Office. When Macroaxis issues a 'buy' or 'sell' recommendation for Piedmont Office Realty, the advice is generated through an automated system that utilizes algorithms and statistical models.
Piedmont |
Execute Piedmont Office Buy or Sell Advice
The Piedmont recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Piedmont Office Realty. Macroaxis does not own or have any residual interests in Piedmont Office Realty or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Piedmont Office's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below 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 | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Piedmont Office Trading Alerts and Improvement Suggestions
| Piedmont Office generated a negative expected return over the last 90 days | |
| The company 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. Debt can assist Piedmont Office until it has trouble settling it off, either with new capital or with free cash flow. So, Piedmont Office's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Piedmont Office Realty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Piedmont to invest in growth at high rates of return. When we think about Piedmont Office's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 678.66 M. Reported Net Loss for the year was (48.39 M) with profit before taxes, overhead, and interest of 337.71 M. | |
| Over 88.0% of Piedmont Office shares are owned by institutional investors | |
| On 15th of March 2024 Piedmont Office paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from al.com: Spring sports roundup Bob Jones beats James Clemens for Area 8 top spot |
Piedmont Office Returns Distribution Density
The distribution of Piedmont Office's historical returns is an attempt to chart the uncertainty of Piedmont Office's future price movements. The chart of the probability distribution of Piedmont Office daily returns describes the distribution of returns around its average expected value. We use Piedmont Office Realty price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Piedmont Office returns is essential to provide solid investment advice for Piedmont Office.
| Mean Return | -0.02 | Value At Risk | -4.32 | Potential Upside | 4.19 | Standard Deviation | 2.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Piedmont Office historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Piedmont Stock 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 originates 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 | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.2 M | Man Group Plc | 2023-12-31 | 1.9 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | Glenmede Trust Co Na | 2023-12-31 | 1.6 M | Northern Trust Corp | 2023-12-31 | 1.5 M | Cbre Investment Management Listed Real Assets Llc | 2023-12-31 | 1.4 M | Norges Bank | 2023-12-31 | 1.4 M | Amvescap Plc. | 2023-12-31 | 1.3 M | Exoduspoint Capital Management, Lp | 2023-12-31 | 1.2 M | Vanguard Group Inc | 2023-12-31 | 18.8 M | Blackrock Inc | 2023-12-31 | 17 M |
Piedmont Office Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 11.3M | (6.3M) | (1.9M) | (10.7M) | (12.3M) | (12.9M) | |
| Change In Cash | 9.4M | (6.2M) | (354K) | 10.7M | (15.4M) | (14.6M) | |
| Free Cash Flow | 104.9M | 80.7M | 119.6M | 93.9M | 51.9M | 49.3M | |
| Depreciation | 177.6M | 195.1M | 199.3M | 215.4M | 236.2M | 188.2M | |
| Other Non Cash Items | 87K | 2.1M | 3.3M | (125.0M) | 284.6M | 298.8M | |
| Dividends Paid | 106.4M | 106.3M | 103.9M | 104.4M | 93.1M | 140.0M | |
| Capital Expenditures | 103.6M | 112.6M | 122.6M | 121.4M | 158.2M | 94.7M | |
| Net Income | 229.3M | 232.7M | (1.2M) | 146.8M | (48.4M) | (46.0M) | |
| End Period Cash Flow | 15.4M | 9.2M | 8.9M | 19.6M | 4.2M | 4.0M | |
| Investments | 134.4M | (197.9M) | (368.9M) | 118.5M | (17.9M) | (17.0M) | |
| Change Receivables | 15.7M | (30.9M) | (9.7M) | (14.2M) | (16.3M) | (17.1M) | |
| Net Borrowings | 151K | 137.9M | 252.9M | (94.0M) | (108.0M) | (102.6M) | |
| Change To Netincome | 221.4M | (215.9M) | 52.6M | (116.8M) | (134.3M) | (127.6M) |
Piedmont Office Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Piedmont Office or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Piedmont Office's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Piedmont stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.11 | |
β | Beta against NYSE Composite | 0.86 | |
σ | Overall volatility | 2.64 | |
Ir | Information ratio | -0.05 |
Piedmont Office Volatility Alert
Piedmont Office Realty exhibits very low volatility with skewness of -0.16 and kurtosis of 0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Piedmont Office's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Piedmont Office's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Piedmont Office Fundamentals Vs Peers
Comparing Piedmont Office's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Piedmont Office's direct or indirect competition across all of the common fundamentals between Piedmont Office and the related equities. This way, we can detect undervalued stocks with similar characteristics as Piedmont Office or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Piedmont Office's fundamental indicators could also be used in its relative valuation, which is a method of valuing Piedmont Office by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Piedmont Office to competition |
| Fundamentals | Piedmont Office | Peer Average |
| Return On Equity | -0.0271 | -0.31 |
| Return On Asset | 0.0119 | -0.14 |
| Profit Margin | (0.08) % | (1.27) % |
| Operating Margin | 0.12 % | (5.51) % |
| Current Valuation | 2.88 B | 16.62 B |
| Shares Outstanding | 123.89 M | 571.82 M |
| Shares Owned By Insiders | 1.25 % | 10.09 % |
| Shares Owned By Institutions | 88.00 % | 39.21 % |
| Number Of Shares Shorted | 3.14 M | 4.71 M |
| Price To Earning | 5.52 X | 28.72 X |
| Price To Book | 0.47 X | 9.51 X |
| Price To Sales | 1.42 X | 11.42 X |
| Revenue | 678.66 M | 9.43 B |
| Gross Profit | 337.71 M | 27.38 B |
| EBITDA | 414.38 M | 3.9 B |
| Net Income | (48.39 M) | 570.98 M |
| Cash And Equivalents | 16.54 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 2.1 B | 5.32 B |
| Debt To Equity | 0.92 % | 48.70 % |
| Current Ratio | 0.47 X | 2.16 X |
| Book Value Per Share | 13.91 X | 1.93 K |
| Cash Flow From Operations | 210.13 M | 971.22 M |
| Short Ratio | 3.88 X | 4.00 X |
| Earnings Per Share | (0.39) X | 3.12 X |
| Price To Earnings To Growth | 10.18 X | 4.89 X |
| Target Price | 9.75 | |
| Number Of Employees | 150 | 18.84 K |
| Beta | 1.15 | -0.15 |
| Market Capitalization | 863.5 M | 19.03 B |
| Total Asset | 4.06 B | 29.47 B |
| Retained Earnings | (1.99 B) | 9.33 B |
| Working Capital | (40.63 M) | 1.48 B |
Note: Disposition of 1905 shares by Christopher Kollme of Piedmont Office at 6.14 subject to Rule 16b-3 [view details]
Piedmont Office Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Piedmont . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Piedmont Office Buy or Sell Advice
When is the right time to buy or sell Piedmont Office Realty? Buying financial instruments such as Piedmont Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.9B | 2.0B | 2.1B | 1.7B | Total Assets | 3.9B | 4.1B | 4.1B | 4.5B |
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Check out Piedmont Office Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Piedmont Office Realty information on this page should be used as a complementary analysis to other Piedmont Office's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running Piedmont Office's price analysis, check to measure Piedmont Office's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Piedmont Office is operating at the current time. Most of Piedmont Office's value examination focuses on studying past and present price action to predict the probability of Piedmont Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piedmont Office's price. Additionally, you may evaluate how the addition of Piedmont Office to your portfolios can decrease your overall portfolio volatility.
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Is Piedmont Office's industry 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 0.67 | Earnings Share (0.39) | Revenue Per Share 4.672 | Quarterly Revenue Growth (0.01) |
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.
Please note, there is a significant difference between Piedmont Office's value and its price as these two are different measures arrived at by different 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.