As on March 16, 2023, CareTrust REIT Inc. (NYSE: CTRE) got off with the flyer as it spiked 1.05% to $19.33. During the day, the stock rose to $19.38 and sunk to $18.73 before settling in for the price of $19.13 at the close. Taking a more long-term approach, CTRE posted a 52-week range of $15.90-$22.46.
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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 8.10%. Meanwhile, its Annual Earning per share during the time was -17.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -111.00%. This publicly-traded company’s shares outstanding now amounts to $97.23 million, simultaneously with a float of $95.30 million. The organization now has a market capitalization sitting at $1.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $19.75, while the 200-day Moving Average is $19.43.
While finding the extent of efficiency of the company that is accounted for 15 employees. For the Profitability, stocks gross margin was +69.57, operating margin was +57.33 and Pretax Margin of -3.83.
CareTrust REIT Inc. (CTRE) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the REIT – Healthcare Facilities industry. CareTrust REIT Inc.’s current insider ownership accounts for 1.81%, in contrast to 89.10% institutional ownership.
CareTrust REIT Inc. (CTRE) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2022, the company posted $0.01 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.27) by -$0.26. This company achieved a net margin of -4.05 while generating a return on equity of -0.90. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.
CareTrust REIT Inc.’s EPS decrease for this current 12-month fiscal period is -111.00% and is forecasted to reach 1.10 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.60% through the next 5 years, which can be compared against the -17.40% growth it accomplished over the previous five years trading on the market.
CareTrust REIT Inc. (NYSE: CTRE) Trading Performance Indicators
Let’s observe the current performance indicators for CareTrust REIT Inc. (CTRE). The Stock has managed to achieve an average true range (ATR) of 0.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.14. Similarly, its price to free cash flow for trailing twelve months is now 64.14.
In the same vein, CTRE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.08, a figure that is expected to reach 0.24 in the next quarter, and analysts are predicting that it will be 1.10 at the market close of one year from today.
Technical Analysis of CareTrust REIT Inc. (CTRE)
Through scrutinizing the latest numbers posted by the [CareTrust REIT Inc., CTRE], it can be observed that its last 5-days Average volume of 0.69 million was better the volume of 0.58 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 44.27% While, its Average True Range was 0.54.
Raw Stochastic average of CareTrust REIT Inc. (CTRE) in the period of the previous 100 days is set at 56.34%, which indicates a major rise in contrast to 47.95% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.96% that was lower than 25.20% volatility it exhibited in the past 100-days period.