CareTrust REIT Inc (NYSE: CTRE) on Tuesday, plunged -0.29% from the previous trading day, before settling in for the closing price of $31.04. Within the past 52 weeks, CTRE’s price has moved between $24.79 and $33.15.
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Real Estate Sector giant saw their annual sales surged by 10.17% over the last five years. The company achieved an average annual earnings per share of 74.05%. With a float of $190.59 million, this company’s outstanding shares have now reached $191.69 million.
The firm has a total of 21 workers. Let’s measure their productivity. In terms of profitability, gross margin is 94.62%, operating margin of 55.16%, and the pretax margin is 65.28%.
CareTrust REIT Inc (CTRE) Insider Activity
Observing investor behavior towards REIT – Healthcare Facilities industry stocks is more important than anything else. The insider ownership of CareTrust REIT Inc is 0.57%, while institutional ownership is 94.70%. 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 74.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.84% during the next five years compared to 10.17% growth over the previous five years of trading.
CareTrust REIT Inc (NYSE: CTRE) Trading Performance Indicators
CareTrust REIT Inc (CTRE) is currently performing well based on its current performance indicators. A quick ratio of 11.86 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.99. Likewise, its price to free cash flow for the trailing twelve months is 23.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.92, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.47 in one year’s time.
Technical Analysis of CareTrust REIT Inc (CTRE)
Analysing the last 5-days average volume posted by the [CareTrust REIT Inc, CTRE], we can find that recorded value of 2.12 million was better than the volume posted last year of 1.75 million. As of the previous 9 days, the stock’s Stochastic %D was 78.89%.
During the past 100 days, CareTrust REIT Inc’s (CTRE) raw stochastic average was set at 91.80%, which indicates a significant increase from 82.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.61 in the past 14 days, which was lower than the 0.67 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.29, while its 200-day Moving Average is $28.71. Now, the first resistance to watch is $31.17. This is followed by the second major resistance level at $31.38. The third major resistance level sits at $31.61. If the price goes on to break the first support level at $30.73, it is likely to go to the next support level at $30.50. Should the price break the second support level, the third support level stands at $30.29.
CareTrust REIT Inc (NYSE: CTRE) Key Stats
Market capitalization of the company is 5.93 billion based on 191,689K outstanding shares. Right now, sales total 296,290 K and income totals 125,080 K. The company made 96,620 K in profit during its latest quarter, and 65,800 K in sales during its previous quarter.
