A new trading day began on Tuesday, with CareTrust REIT Inc (NYSE: CTRE) stock price down -0.35% from the previous day of trading, before settling in for the closing price of $28.63. CTRE’s price has ranged from $20.10 to $33.15 over the past 52 weeks.
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
A company in the Real Estate sector has jumped its sales by 6.82% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 64.00%. With a float of $186.58 million, this company’s outstanding shares have now reached $187.32 million.
In an organization with 17 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 83.93%, operating margin of 74.8%, and the pretax margin is 37.57%.
CareTrust REIT Inc (CTRE) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Healthcare Facilities Industry. The insider ownership of CareTrust REIT Inc is 0.40%, while institutional ownership is 88.96%. 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 64.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.61% 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
Here are CareTrust REIT Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.86. Likewise, its price to free cash flow for the trailing twelve months is 25.98.
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 1.36 in one year’s time.
Technical Analysis of CareTrust REIT Inc (CTRE)
Let’s dig in a bit further. During the last 5-days, its volume was 1.63 million. That was better than the volume of 1.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.54%. Additionally, its Average True Range was 0.59.
During the past 100 days, CareTrust REIT Inc’s (CTRE) raw stochastic average was set at 36.89%, which indicates a significant increase from 8.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.30% in the past 14 days, which was lower than the 19.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.28, while its 200-day Moving Average is $27.34. However, in the short run, CareTrust REIT Inc’s stock first resistance to watch stands at $28.79. Second resistance stands at $29.04. The third major resistance level sits at $29.21. If the price goes on to break the first support level at $28.36, it is likely to go to the next support level at $28.19. Assuming the price breaks the second support level, the third support level stands at $27.94.
CareTrust REIT Inc (NYSE: CTRE) Key Stats
With a market capitalization of 5.34 billion, the company has a total of 171,450K Shares Outstanding. Currently, annual sales are 217,770 K while annual income is 53,740 K. The company’s previous quarter sales were 77,380 K while its latest quarter income was 33,440 K.
