25.00% percent quarterly performance for Four Corners Property Trust Inc (FCPT) is not indicative of the underlying story

Four Corners Property Trust Inc (NYSE: FCPT) kicked off on Tuesday, up 0.07% from the previous trading day, before settling in for the closing price of $30.48. Over the past 52 weeks, FCPT has traded in a range of $20.51-$30.62.

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During the last 5-year period, the sales growth of Real Estate Sector giant was 11.82%. While this was happening, its average annual earnings per share was recorded 1.82%. With a float of $91.35 million, this company’s outstanding shares have now reached $91.62 million.

Let’s determine the extent of company efficiency that accounts for 516 employees. In terms of profitability, gross margin is 69.33%, operating margin of 52.64%, and the pretax margin is 34.53%.

Four Corners Property Trust Inc (FCPT) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the REIT – Retail Industry. The insider ownership of Four Corners Property Trust Inc is 1.42%, while institutional ownership is 96.49%. The most recent insider transaction that took place on Jun 12 ’24, was worth 177,569. In this transaction Director of this company sold 7,230 shares at a rate of $24.56, taking the stock ownership to the 61,108 shares. Before that another transaction happened on Jun 10 ’24, when Company’s President and CEO bought 6,230 for $24.05, making the entire transaction worth $149,832. This insider now owns 620,394 shares in total.

Four Corners Property Trust Inc (FCPT) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.27 earnings per share (EPS), higher than consensus estimate (set at 0.27) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1.82% per share during the next fiscal year.

Four Corners Property Trust Inc (NYSE: FCPT) Trading Performance Indicators

Take a look at Four Corners Property Trust Inc’s (FCPT) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.75. Likewise, its price to free cash flow for the trailing twelve months is 19.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.07, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.13 in one year’s time.

Technical Analysis of Four Corners Property Trust Inc (FCPT)

Looking closely at Four Corners Property Trust Inc (NYSE: FCPT), its last 5-days average volume was 0.42 million, which is a drop from its year-to-date volume of 0.5 million. As of the previous 9 days, the stock’s Stochastic %D was 93.66%. Additionally, its Average True Range was 0.47.

During the past 100 days, Four Corners Property Trust Inc’s (FCPT) raw stochastic average was set at 97.05%, which indicates a significant increase from 92.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.61% in the past 14 days, which was lower than the 15.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $27.55, while its 200-day Moving Average is $25.04. However, in the short run, Four Corners Property Trust Inc’s stock first resistance to watch stands at $30.67. Second resistance stands at $30.84. The third major resistance level sits at $30.96. If the price goes on to break the first support level at $30.38, it is likely to go to the next support level at $30.26. Should the price break the second support level, the third support level stands at $30.09.

Four Corners Property Trust Inc (NYSE: FCPT) Key Stats

The company with the Market Capitalisation of 2.83 billion has total of 91,986K Shares Outstanding. Its annual sales at the moment are 250,610 K in contrast with the sum of 95,340 K annual income. Company’s last quarter sales were recorded 66,480 K and last quarter income was 24,670 K.