Spirit Realty Capital, Inc. (NYSE:SRC) went down by -0.67% from its latest closing price compared to the recent 1-year high of $54.63. The company’s stock price has collected 2.87% of gains in the last five trading sessions. Press Release reported on 08/31/20 that Spirit Realty Capital, Inc. Announces Quarterly Cash Dividend for Common and Preferred Stock
Is It Worth Investing in Spirit Realty Capital, Inc. (NYSE :SRC) Right Now?
Spirit Realty Capital, Inc. (NYSE:SRC) scored a price-to-earnings ratio above its average ratio, recording 55.36 x from its present earnings ratio. Plus, the 36-month beta value for SRC is at 1.03. Opinions of the stock are interesting as 7 analysts out of 13 who provided ratings for Spirit Realty Capital, Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $40.67, which is $3.01 above the current price. SRC currently public float of 102.47M and currently shorts hold a 10.57% ratio of that float. Today, the average trading volume of SRC was 820.06K shares.
SRC’s Market Performance
SRC stocks went up by 2.87% for the week, with a monthly jump of 4.14% and a quarterly performance of -2.10%, while its annual performance rate touched -21.14%. The volatility ratio for the week stands at 2.69% while the volatility levels for the past 30 days are set at 3.14% for Spirit Realty Capital, Inc.. The simple moving average for the period of the last 20 days is 3.11% for SRC stocks with a simple moving average of -3.09% for the last 200 days.
Analysts’ Opinion of SRC
Many brokerage firms have already submitted their reports for SRC stocks, with BofA Securities repeating the rating for SRC by listing it as a “Buy.” The predicted price for SRC in the upcoming period, according to BofA Securities is $16 based on the research report published on August 24th of the current year 2020.
Berenberg, on the other hand, stated in their research note that they expect to see SRC reach a price target of $47. The rating they have provided for SRC stocks is “Buy” according to the report published on June 30th, 2020.
Jefferies gave a rating of “Buy” to SRC, setting the target price at $43 in the report published on June 29th of the current year.
SRC Trading at 6.77% from the 50-Day Moving Average
After a stumble in the market that brought SRC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.80% of loss for the given period.
Volatility was left at 3.14%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares surge +1.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.66% upper at present.
During the last 5 trading sessions, SRC rose by +2.87%, which changed the moving average for the period of 200-days by -28.97% in comparison to the 20-day moving average, which settled at $36.16. In addition, Spirit Realty Capital, Inc. saw -24.24% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SRC starting from Heimlich Kenneth, who bought 1,950 shares at the price of $25.77 back on Apr 16. After this action, Heimlich Kenneth now owns 27,678 shares of Spirit Realty Capital, Inc., valued at $50,252 using the latest closing price.
Young Jay, the EVP, General Counsel of Spirit Realty Capital, Inc., bought 2,500 shares at $25.00 during a trade that took place back on Apr 16, which means that Young Jay is holding 30,246 shares at $62,500 based on the most recent closing price.
Stock Fundamentals for SRC
Current profitability levels for the company are sitting at:
- +31.30 for the present operating margin
- +61.91 for the gross margin
The net margin for Spirit Realty Capital, Inc. stands at +34.99. The total capital return value is set at 2.99, while invested capital returns managed to touch 3.70. Equity return is now at value 1.80, with 1.00 for asset returns.
Based on Spirit Realty Capital, Inc. (SRC), the company’s capital structure generated 63.29 points at debt to equity in total, while total debt to capital is 38.76. Total debt to assets is 37.04, with long-term debt to equity ratio resting at 2.57. Finally, the long-term debt to capital ratio is 66.41.
When we switch over and look at the enterprise to sales, we see a ratio of 13.59, with the company’s debt to enterprise value settled at 0.32. The receivables turnover for the company is 5.62 and the total asset turnover is 0.09.