CareTrust REIT Inc (CTRE) poses a Brand-New Opportunity for Investors with beta value of 1.12

CareTrust REIT Inc (NYSE: CTRE) started the day on Wednesday, with a price increase of 0.32% at $30.97, before settling in for the price of $30.87 at the close. Taking a more long-term approach, CTRE posted a 52-week range of $19.87-$31.51.

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In the past 5-years timespan, the Real Estate sector firm’s annual sales growth was 6.82%. Meanwhile, its Annual Earning per share during the time was -7.07%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 82.42%. This publicly-traded company’s shares outstanding now amounts to $154.21 million, simultaneously with a float of $153.44 million. The organization now has a market capitalization sitting at $4.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $28.70, while the 200-day Moving Average is $24.98.

CareTrust REIT Inc (CTRE) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the REIT – Healthcare Facilities Industry. CareTrust REIT Inc’s current insider ownership accounts for 0.50%, in contrast to 94.39% institutional ownership. According to the most recent insider trade that took place on Sep 04 ’24, this organization’s CFO and Treasurer sold 35,000 shares at the rate of 29.80, making the entire transaction reach 1,043,000 in total value, affecting insider ownership by 257,439.

CareTrust REIT Inc (CTRE) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.

CareTrust REIT Inc’s EPS increase for this current 12-month fiscal period is 82.42% and is forecasted to reach 1.24 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 31.25% through the next 5 years, which can be compared against the -7.07% 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 0.46. Alongside those numbers, its PE Ratio stands at $52.85, and its Beta score is 1.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 19.29. Similarly, its price to free cash flow for trailing twelve months is now 26.00.

In the same vein, CTRE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.59, a figure that is expected to reach 0.28 in the next quarter, and analysts are predicting that it will be 1.24 at the market close of one year from today.

Technical Analysis of CareTrust REIT Inc (CTRE)

If we take a close look at the recent performances of CareTrust REIT Inc (NYSE: CTRE), its last 5-days Average volume was 2.53 million that shows progress from its year to date volume of 1.41 million. During the previous 9 days, stock’s Stochastic %D was recorded 58.28% While, its Average True Range was 0.45.

Raw Stochastic average of CareTrust REIT Inc (CTRE) in the period of the previous 100 days is set at 92.46%, which indicates a major rise in contrast to 72.16% 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 14.41% that was lower than 14.59% volatility it exhibited in the past 100-days period.