Alexandria Real Estate Equities Inc. (NYSE: ARE) kicked off on Friday, up 0.45% from the previous trading day, before settling in for the closing price of $121.25. Over the past 52 weeks, ARE has traded in a range of $90.73-$135.45.
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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 16.91%. While this was happening, its average annual earnings per share was recorded 456.33%. With a float of $172.87 million, this company’s outstanding shares have now reached $174.93 million.
Considering the fact that the conglomerate employs 568 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 25.76%, operating margin of 45.2%, and the pretax margin is 25.59%.
Alexandria Real Estate Equities Inc. (ARE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the REIT – Office Industry. The insider ownership of Alexandria Real Estate Equities Inc. is 1.18%, while institutional ownership is 94.85%. The most recent insider transaction that took place on Sep 16 ’24, was worth 42,456. In this transaction Director of this company sold 340 shares at a rate of $124.87, taking the stock ownership to the 7,032 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Chief Development Officer sold 6,941 for $123.29, making the entire transaction worth $855,756. This insider now owns 83,379 shares in total.
Alexandria Real Estate Equities Inc. (ARE) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 456.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.40% 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
Take a look at Alexandria Real Estate Equities Inc.’s (ARE) 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 13.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.81, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 3.56 in one year’s time.
Technical Analysis of Alexandria Real Estate Equities Inc. (ARE)
Compared to the last year’s volume of 0.96 million, its volume of 1.21 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 88.77%. Additionally, its Average True Range was 2.36.
During the past 100 days, Alexandria Real Estate Equities Inc.’s (ARE) raw stochastic average was set at 61.22%, which indicates a significant decrease from 87.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.72% in the past 14 days, which was lower than the 23.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $118.69, while its 200-day Moving Average is $120.20. Nevertheless, the first resistance level for the watch stands at $122.37 in the near term. At $122.96, the stock is likely to face the second major resistance level. The third major resistance level sits at $123.66. If the price goes on to break the first support level at $121.08, it is likely to go to the next support level at $120.38. Should the price break the second support level, the third support level stands at $119.79.
Alexandria Real Estate Equities Inc. (NYSE: ARE) Key Stats
The company with the Market Capitalisation of 21.30 billion has total of 174,883K Shares Outstanding. Its annual sales at the moment are 2,886 M in contrast with the sum of 103,640 K annual income. Company’s last quarter sales were recorded 766,730 K and last quarter income was 46,700 K.