On Tuesday, CareTrust REIT Inc (NYSE: CTRE) was unchanged from the session before settling in for the closing price of $30.77. A 52-week range for CTRE has been $20.10 – $33.15.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 6.82%. When this article was written, the company’s average yearly earnings per share was at 71.20%. With a float of $186.38 million, this company’s outstanding shares have now reached $187.32 million.
The extent of productivity of a business whose workforce counts for 17 workers is very important to gauge. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward CareTrust REIT Inc stocks. The insider ownership of CareTrust REIT Inc is 0.50%, while institutional ownership is 81.95%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 71.20% 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
You can see what CareTrust REIT Inc (CTRE) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 21.42. Likewise, its price to free cash flow for the trailing twelve months is 28.02.
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 1.33 in one year’s time.
Technical Analysis of CareTrust REIT Inc (CTRE)
The latest stats from [CareTrust REIT Inc, CTRE] show that its last 5-days average volume of 2.76 million was superior to 1.55 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.31%. Additionally, its Average True Range was 0.81.
During the past 100 days, CareTrust REIT Inc’s (CTRE) raw stochastic average was set at 72.95%, which indicates a significant increase from 40.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.04% in the past 14 days, which was higher than the 19.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.73, while its 200-day Moving Average is $26.45. Now, the first resistance to watch is $31.17. This is followed by the second major resistance level at $31.57. The third major resistance level sits at $31.79. If the price goes on to break the first support level at $30.55, it is likely to go to the next support level at $30.33. Assuming the price breaks the second support level, the third support level stands at $29.93.
CareTrust REIT Inc (NYSE: CTRE) Key Stats
There are 171,450K outstanding shares of the company, which has a market capitalization of 5.76 billion. As of now, sales total 217,770 K while income totals 53,740 K. Its latest quarter income was 77,380 K while its last quarter net income were 33,440 K.
