1.88% volatility in Broadstone Net Lease Inc (BNL) last month: This is a red flag warning

Broadstone Net Lease Inc (NYSE: BNL) kicked off on Tuesday, down -2.65% from the previous trading day, before settling in for the closing price of $15.47. Over the past 52 weeks, BNL has traded in a range of $13.68-$17.59.

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A company in the Real Estate sector has jumped its sales by 13.77% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -13.25%. With a float of $185.66 million, this company’s outstanding shares have now reached $187.61 million.

In an organization with 74 employees, it is important to assess its efficiency.

Broadstone Net Lease Inc (BNL) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the REIT – Diversified Industry. The insider ownership of Broadstone Net Lease Inc is 1.09%, while institutional ownership is 83.36%. The most recent insider transaction that took place on Feb 27 ’24, was worth 74,350. In this transaction Director of this company bought 5,000 shares at a rate of $14.87, taking the stock ownership to the 5,000 shares. Before that another transaction happened on Feb 26 ’24, when Company’s Chief Executive Officer bought 10,000 for $14.77, making the entire transaction worth $147,688. This insider now owns 162,256 shares in total.

Broadstone Net Lease Inc (BNL) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.03 earnings per share (EPS), lower than consensus estimate (set at $0.18) by -$0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -13.25% per share during the next fiscal year.

Broadstone Net Lease Inc (NYSE: BNL) Trading Performance Indicators

Take a look at Broadstone Net Lease Inc’s (BNL) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.31. Likewise, its price to free cash flow for the trailing twelve months is 12.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.74 in one year’s time.

Technical Analysis of Broadstone Net Lease Inc (BNL)

Let’s dig in a bit further. During the last 5-days, its volume was 1.38 million. That was better than the volume of 1.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 66.30%. Additionally, its Average True Range was 0.31.

During the past 100 days, Broadstone Net Lease Inc’s (BNL) raw stochastic average was set at 23.33%, which indicates a significant decrease from 45.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.04% in the past 14 days, which was lower than the 24.00% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.45, while its 200-day Moving Average is $15.73. However, in the short run, Broadstone Net Lease Inc’s stock first resistance to watch stands at $15.30. Second resistance stands at $15.54. The third major resistance level sits at $15.74. If the price goes on to break the first support level at $14.87, it is likely to go to the next support level at $14.67. Assuming the price breaks the second support level, the third support level stands at $14.43.

Broadstone Net Lease Inc (NYSE: BNL) Key Stats

The company with the Market Capitalisation of 2.83 billion has total of 187,707K Shares Outstanding. Its annual sales at the moment are 442,890 K in contrast with the sum of 155,480 K annual income. Company’s last quarter sales were recorded 105,000 K and last quarter income was 6,480 K.