The Essential Properties Realty Trust, Inc. (NYSE:EPRT) is going up by 0.96% in today’s trading session, a rise equivalent to 0.21% of the stock’s price from yesterday’s market close. A news came out on 08/07/19 stating that Essential Properties Announces Second Quarter 2019 Results by WSJ. The lowest point that the shares touched during the trading session was $21.58, while the peak of the day was recorded at a share price of $21.88. EPRT finished the previous session at $21.78 according to the data provided by Barchart, while the trading volume was observed to be $859,372.
In the 100 days of trading, EPRT managed to top a 20.43% Moving average. Additionally, Essential Properties Realty Trust, Inc. shares have achieved a 52-week range between 13.05 and 21.93 alongside 100 days raw stochastic set at 97.89%.
The number of shares outstanding, according to the fundamentals of the company, is set at 57.69M, equal to the value of $1.26B in market capitalization. Financial analysts indicate that EPRT shares should be still ranked as a “Outperform”. In the last 30 days, Essential Properties Realty Trust, Inc. shares went down by -0.34%, adding 22.10 to growth in value, on top of a +15.25% boost since 07/15/19.
Essential Properties Realty Trust, Inc. (NYSE:EPRT) Analyst’s Estimates
Essential Properties Realty Trust, Inc. (EPRT) could record at least $0.13 per share in quarterly earnings in the upcoming report on 11/04/2019, a number that would actually represent an increase of 15.69% YOY.
According to the average analyst rating, Essential Properties Realty Trust, Inc. would be rated as 2.08. Out of 12 different analysts monitoring EPRT stock, 4 analysts rate the stock as a BUY, 5 suggest to give the rating of HOLD, 3 indicate that EPRT is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On Jul-12-19, the stock earned a Initiated rating due to a new analyst call from RBC Capital Mkts, while analysts from BofA/Merrill believe that the stock is set at Buy from Underperform, as concluded on Jun-11-19. Berenberg, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Apr-23-19.
Regardless of the rating, Stifel did increase their price to $21.50 as they are considering target share price analysis. BofA/Merrill, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Mar-05-19, giving the stock a Underperform rating.
EPRT Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +64.83% has been attained, while the operating margin has been recorded at +19.52%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 1.34%. Additionally, Essential Properties Realty Trust, Inc. is recording price volatility of 2.39% for the period of the last seven days and 2.70% in the last 30 days.
Essential Properties Realty Trust, Inc. (NYSE:EPRT) Technical Outlook
For the period of the last 50 days, Essential Properties Realty Trust, Inc. had its Raw Stochastic average set at 97.49% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 96.27%. Stochastic %K for Essential Properties Realty Trust, Inc., with the last 20 days included, was set at 95.01%, having Stochastic %D topping 94.99%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Essential Properties Realty Trust, Inc. stocks with recording 56.69% in metrics.
Essential Properties Realty Trust, Inc. Insider Watch:
As far as the position of shares issued by Essential Properties Realty Trust, Inc. (NYSE:EPRT) for the period concluded at the market close of 08/14/19, 88 institutional investors increased their positions in EPRT shares by 9,491,636, 55 decreased positions by 11,558,162 and 16 institutional investors decided to hold positions at 34,229,858. These numbers put the complete list of institutional holdings set at 55,279,656 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 28 institutional investments with 1,524,713 new shares in addition to having 21 institutional investors selling their positions in 3,829,399 shares.