CareTrust REIT Inc (CTRE) distance from 200-day Simple Moving Average is $26.79: Right on the Precipice

CareTrust REIT Inc (NYSE: CTRE) started the day on Thursday, with a price increase of 0.26% at $30.74, before settling in for the price of $30.66 at the close. Taking a more long-term approach, CTRE posted a 52-week range of $20.10-$33.15.

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The Real Estate Sector giants’ yearly sales growth during the last 5-year period 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 71.20%. This publicly-traded company’s shares outstanding now amounts to $187.32 million, simultaneously with a float of $186.51 million. The organization now has a market capitalization sitting at $5.76 billion. At the time of writing, stock’s 50-day Moving Average stood at $30.79, while the 200-day Moving Average is $26.79.

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 0.43%, in contrast to 89.08% 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 0.31 per share during the current fiscal year.

CareTrust REIT Inc’s EPS increase for this current 12-month fiscal period is 71.20% and is forecasted to reach 1.33 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 0.73. Alongside those numbers, its PE Ratio stands at $43.17, 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 21.40. Similarly, its price to free cash flow for trailing twelve months is now 28.00.

In the same vein, CTRE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.71, a figure that is expected to reach 0.31 in the next quarter, and analysts are predicting that it will be 1.33 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 1.49 million that shows plunge from its year to date volume of 1.54 million. During the previous 9 days, stock’s Stochastic %D was recorded 66.31% While, its Average True Range was 0.73.

Raw Stochastic average of CareTrust REIT Inc (CTRE) in the period of the previous 100 days is set at 69.30%, which indicates a major rise in contrast to 41.53% 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 34.63% that was higher than 19.89% volatility it exhibited in the past 100-days period.