CareTrust REIT Inc (NYSE: CTRE) kicked off on Friday, down -0.92% from the previous trading day, before settling in for the closing price of $32.67. Over the past 52 weeks, CTRE has traded in a range of $20.10-$33.15.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 6.82%. While this was happening, its average annual earnings per share was recorded 80.00%. With a float of $170.59 million, this company’s outstanding shares have now reached $171.45 million.
Let’s determine the extent of company efficiency that accounts for 17 employees. In terms of profitability, gross margin is 83.56%, operating margin of 67.89%, and the pretax margin is 40.7%.
CareTrust REIT Inc (CTRE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the REIT – Healthcare Facilities Industry. The insider ownership of CareTrust REIT Inc is 0.50%, while institutional ownership is 85.19%. 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) Earnings and Forecasts
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
Take a look at CareTrust REIT Inc’s (CTRE) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 22.08. Likewise, its price to free cash flow for the trailing twelve months is 28.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.71, 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)
Looking closely at CareTrust REIT Inc (NYSE: CTRE), its last 5-days average volume was 4.47 million, which is a jump from its year-to-date volume of 1.48 million. As of the previous 9 days, the stock’s Stochastic %D was 82.68%. Additionally, its Average True Range was 0.56.
During the past 100 days, CareTrust REIT Inc’s (CTRE) raw stochastic average was set at 91.14%, which indicates a significant increase from 74.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.30% in the past 14 days, which was higher than the 15.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.58, while its 200-day Moving Average is $26.13. However, in the short run, CareTrust REIT Inc’s stock first resistance to watch stands at $32.87. Second resistance stands at $33.38. The third major resistance level sits at $33.68. If the price goes on to break the first support level at $32.06, it is likely to go to the next support level at $31.76. Should the price break the second support level, the third support level stands at $31.25.
CareTrust REIT Inc (NYSE: CTRE) Key Stats
The company with the Market Capitalisation of 5.94 billion has total of 171,450K Shares Outstanding. Its annual sales at the moment are 217,770 K in contrast with the sum of 53,740 K annual income. Company’s last quarter sales were recorded 68,890 K and last quarter income was 10,760 K.
