No matter how cynical the overall market is, CareTrust REIT Inc (CTRE) performance over the last week is recorded 10.24%

On Friday, CareTrust REIT Inc (NYSE: CTRE) trading session started at the price of On Friday, that was 22.50% up from the session before settling in for the closing price of $24.56. A 52-week range for CTRE has been $17.66 – $23.49.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 6.82%. When this article was written, the company’s average yearly earnings per share was at 101.12%. With a float of $117.43 million, this company’s outstanding shares have now reached $129.99 million.

Considering the fact that the conglomerate employs Dec 28 2023 people, you should pay attention to its efficiency factor.

CareTrust REIT Inc (CTRE) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward CareTrust REIT Inc stocks. The insider ownership of CareTrust REIT Inc is 1.38%, while institutional ownership is 92.56%.

CareTrust REIT Inc (CTRE) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.22 earnings per share (EPS) during the time that was less than consensus figure (set at $0.24) by -$0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 101.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.60% during the next five years compared to -7.07% drop over the previous five years of trading.

CareTrust REIT Inc (NYSE: CTRE) Trading Performance Indicators

You can see what CareTrust REIT Inc (CTRE) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.31. Likewise, its price to free cash flow for the trailing twelve months is 18.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.48, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.07 in one year’s time.

Technical Analysis of CareTrust REIT Inc (CTRE)

Compared to the last year’s volume of 1.18 million, its volume of 1.9 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 63.13%. Additionally, its Average True Range was 0.50.

During the past 100 days, CareTrust REIT Inc’s (CTRE) raw stochastic average was set at 73.24%, which indicates a significant decrease from 96.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.14% in the past 14 days, which was higher than the 22.86% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.08, while its 200-day Moving Average is $20.85. Nevertheless, the first resistance level for the watch stands at $23.09 in the near term. At $23.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.77. If the price goes on to break the first support level at $21.41, it is likely to go to the next support level at $20.31. Now, if the price goes above the second support level, the third support stands at $19.73.

CareTrust REIT Inc (NYSE: CTRE) Key Stats

There are 119,112K outstanding shares of the company, which has a market capitalization of 2.68 billion. As of now, sales total 196,130 K while income totals -7,510 K. Its latest quarter income was 55,880 K while its last quarter net income were 8,700 K.