CareTrust REIT Inc (NYSE: CTRE) on Tuesday, soared 1.95% from the previous trading day, before settling in for the closing price of $31.31. Within the past 52 weeks, CTRE’s price has moved between $20.10 and $31.51.
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Annual sales at Real Estate sector company grew by 6.82% over the past five years. The company achieved an average annual earnings per share of 80.00%. With a float of $153.44 million, this company’s outstanding shares have now reached $154.21 million.
Let’s look at the performance matrix of the company that is accounted for 17 employees. In terms of profitability, gross margin is 84.07%, operating margin of 76.56%, and the pretax margin is 31.33%.
CareTrust REIT Inc (CTRE) Insider and Institutional Ownership
Observing investor behavior towards REIT – Healthcare Facilities industry stocks is more important than anything else. The insider ownership of CareTrust REIT Inc is 0.50%, while institutional ownership is 94.55%. The most recent insider transaction that took place on Sep 04 ’24, was worth 1,043,000. In this transaction CFO and Treasurer of this company sold 35,000 shares at a rate of $29.80, taking the stock ownership to the 257,439 shares. Before that another transaction happened on Sep 04 ’24, when Company’s Officer proposed sale 35,000 for $29.84, making the entire transaction worth $1,044,400.
CareTrust REIT Inc (CTRE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 80.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.25% during the next five years compared to -7.07% drop over the previous five years of trading.
CareTrust REIT Inc (NYSE: CTRE) Trading Performance Indicators
CareTrust REIT Inc (CTRE) 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 19.88. Likewise, its price to free cash flow for the trailing twelve months is 26.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.29 in one year’s time.
Technical Analysis of CareTrust REIT Inc (CTRE)
CareTrust REIT Inc (NYSE: CTRE) saw its 5-day average volume 1.06 million, a negative change from its year-to-date volume of 1.41 million. As of the previous 9 days, the stock’s Stochastic %D was 89.98%. Additionally, its Average True Range was 0.48.
During the past 100 days, CareTrust REIT Inc’s (CTRE) raw stochastic average was set at 99.34%, which indicates a significant increase from 97.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.02% in the past 14 days, which was higher than the 15.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.34, while its 200-day Moving Average is $25.97. Nevertheless, the first resistance level for the watch stands at $32.18 in the near term. At $32.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.91. If the price goes on to break the first support level at $31.45, it is likely to go to the next support level at $30.98. The third support level lies at $30.72 if the price breaches the second support level.
CareTrust REIT Inc (NYSE: CTRE) Key Stats
Market capitalization of the company is 4.92 billion based on 154,209K outstanding shares. Right now, sales total 217,770 K and income totals 53,740 K. The company made 68,890 K in profit during its latest quarter, and 10,760 K in sales during its previous quarter.
