Alexandria Real Estate Equities Inc. (NYSE: ARE) on Tuesday, plunged -1.84% from the previous trading day, before settling in for the closing price of $119.18. Within the past 52 weeks, ARE’s price has moved between $90.73 and $135.45.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 16.91%. The company achieved an average annual earnings per share of 575.48%. With a float of $172.74 million, this company’s outstanding shares have now reached $174.94 million.
Let’s determine the extent of company efficiency that accounts for 568 employees.
Alexandria Real Estate Equities Inc. (ARE) Breakdown of a Key Holders of the stock
Observing investor behavior towards REIT – Office industry stocks is more important than anything else. The insider ownership of Alexandria Real Estate Equities Inc. is 1.26%, while institutional ownership is 98.34%. The most recent insider transaction that took place on Mar 13 ’24, was worth 380,010. In this transaction EVP – Accounting of this company sold 3,000 shares at a rate of $126.67, taking the stock ownership to the 43,146 shares. Before that another transaction happened on Mar 01 ’24, when Company’s Chief Executive Officer sold 3,200 for $122.90, making the entire transaction worth $393,280. This insider now owns 249,683 shares in total.
Alexandria Real Estate Equities Inc. (ARE) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 20.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 575.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.92% during the next five years compared to -31.25% drop over the previous five years of trading.
Alexandria Real Estate Equities Inc. (NYSE: ARE) Trading Performance Indicators
Alexandria Real Estate Equities Inc. (ARE) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.09. Likewise, its price to free cash flow for the trailing twelve months is 12.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.54, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 3.86 in one year’s time.
Technical Analysis of Alexandria Real Estate Equities Inc. (ARE)
Looking closely at Alexandria Real Estate Equities Inc. (NYSE: ARE), its last 5-days average volume was 0.65 million, which is a drop from its year-to-date volume of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 7.43%. Additionally, its Average True Range was 3.45.
During the past 100 days, Alexandria Real Estate Equities Inc.’s (ARE) raw stochastic average was set at 43.64%, which indicates a significant increase from 6.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.80% in the past 14 days, which was higher than the 33.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $122.60, while its 200-day Moving Average is $116.06. However, in the short run, Alexandria Real Estate Equities Inc.’s stock first resistance to watch stands at $118.27. Second resistance stands at $119.56. The third major resistance level sits at $120.61. If the price goes on to break the first support level at $115.93, it is likely to go to the next support level at $114.88. Now, if the price goes above the second support level, the third support stands at $113.59.
Alexandria Real Estate Equities Inc. (NYSE: ARE) Key Stats
Market capitalization of the company is 20.47 billion based on 174,953K outstanding shares. Right now, sales total 2,886 M and income totals 103,640 K. The company made 757,220 K in profit during its latest quarter, and -88,430 K in sales during its previous quarter.
