As on Wednesday, Eastgroup Properties, Inc (NYSE: EGP) got off with the flyer as it spiked 0.24% to $170.97, before settling in for the price of $170.56 at the close. Taking a more long-term approach, EGP posted a 52-week range of $137.67-$192.61.
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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 14.05%. Meanwhile, its Annual Earning per share during the time was 7.51%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.32%. This publicly-traded company’s shares outstanding now amounts to $52.27 million, simultaneously with a float of $51.97 million. The organization now has a market capitalization sitting at $8.98 billion. At the time of writing, stock’s 50-day Moving Average stood at $165.81, while the 200-day Moving Average is $172.79.
Eastgroup Properties, Inc (EGP) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the REIT – Industrial industry. Eastgroup Properties, Inc’s current insider ownership accounts for 1.04%, in contrast to 98.50% institutional ownership. According to the most recent insider trade that took place on Sep 12 ’24, this organization’s Executive Vice President & CFO sold 1,670 shares at the rate of 184.42, making the entire transaction reach 307,975 in total value, affecting insider ownership by 110,926. Preceding that transaction, on Sep 12 ’24, Company’s Senior Vice President sold 1,650 for 183.99, making the whole transaction’s value amount to 303,590. This particular insider is now the holder of 20,057 in total.
Eastgroup Properties, Inc (EGP) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.23 per share during the current fiscal year.
Eastgroup Properties, Inc’s EPS increase for this current 12-month fiscal period is 7.32% and is forecasted to reach 5.26 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.98% through the next 5 years, which can be compared against the 7.51% growth it accomplished over the previous five years trading on the market.
Eastgroup Properties, Inc (NYSE: EGP) Trading Performance Indicators
Let’s observe the current performance indicators for Eastgroup Properties, Inc (EGP). It’s Quick Ratio in the last reported quarter now stands at 0.64. The Stock has managed to achieve an average true range (ATR) of 3.03. Alongside those numbers, its PE Ratio stands at $37.36, and its Beta score is 1.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 13.56. Similarly, its price to free cash flow for trailing twelve months is now 24.32.
In the same vein, EGP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.58, a figure that is expected to reach 1.19 in the next quarter, and analysts are predicting that it will be 5.26 at the market close of one year from today.
Technical Analysis of Eastgroup Properties, Inc (EGP)
Through scrutinizing the latest numbers posted by the [Eastgroup Properties, Inc, EGP], it can be observed that its last 5-days Average volume of 0.28 million was lower the volume of 0.44 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 40.08% While, its Average True Range was 2.79.
Raw Stochastic average of Eastgroup Properties, Inc (EGP) in the period of the previous 100 days is set at 65.01%, which indicates a major rise in contrast to 52.09% 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 10.59% that was lower than 26.17% volatility it exhibited in the past 100-days period.
