Acadia Realty Trust (NYSE:AKR) went up by 1.52% from its latest closing price compared to the recent 1-year high of $29.55. The company’s stock price has collected 4.51% of gains in the last five trading sessions. Press Release reported on 09/18/20 that Acadia Realty Trust to Announce Third Quarter 2020 Earnings on November 3, 2020
Is It Worth Investing in Acadia Realty Trust (NYSE :AKR) Right Now?
Acadia Realty Trust (NYSE:AKR) scored a price-to-earnings ratio above its average ratio, recording 21.80 x from its present earnings ratio. Plus, the 36-month beta value for AKR is at 1.02. Opinions of the stock are interesting as 2 analysts out of 7 who provided ratings for Acadia Realty Trust declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $13.50, which is $3.44 above the current price. AKR currently public float of 85.63M and currently shorts hold a 2.93% ratio of that float. Today, the average trading volume of AKR was 695.02K shares.
AKR’s Market Performance
AKR stocks went up by 4.51% for the week, with a monthly drop of -5.75% and a quarterly performance of -17.75%, while its annual performance rate touched -62.73%. The volatility ratio for the week stands at 3.94% while the volatility levels for the past 30 days are set at 4.57% for Acadia Realty Trust. The simple moving average for the period of the last 20 days is -5.90% for AKR stocks with a simple moving average of -34.06% for the last 200 days.
Analysts’ Opinion of AKR
Many brokerage firms have already submitted their reports for AKR stocks, with SunTrust repeating the rating for AKR by listing it as a “Hold.” The predicted price for AKR in the upcoming period, according to SunTrust is $13 based on the research report published on April 28th of the current year 2020.
JP Morgan, on the other hand, stated in their research note that they expect to see AKR reach a price target of $13. The rating they have provided for AKR stocks is “Underweight” according to the report published on April 22nd, 2020.
Jefferies gave a rating of “Hold” to AKR, setting the target price at $26 in the report published on January 15th of the current year.
AKR Trading at -9.92% from the 50-Day Moving Average
After a stumble in the market that brought AKR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.93% of loss for the given period.
Volatility was left at 4.57%, however, over the last 30 days, the volatility rate increased by 3.94%, as shares sank -7.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.34% lower at present.
During the last 5 trading sessions, AKR rose by +4.51%, which changed the moving average for the period of 200-days by -58.75% in comparison to the 20-day moving average, which settled at $11.29. In addition, Acadia Realty Trust saw -58.89% 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 AKR starting from Hartmann Richard, who sale 8,000 shares at the price of $23.30 back on Mar 04. After this action, Hartmann Richard now owns 0 shares of Acadia Realty Trust, valued at $186,360 using the latest closing price.
NAPOLITANO JOSEPH, the Sr. VP of Acadia Realty Trust, sale 1,447 shares at $24.90 during a trade that took place back on Feb 26, which means that NAPOLITANO JOSEPH is holding 12,501 shares at $36,035 based on the most recent closing price.
Stock Fundamentals for AKR
Current profitability levels for the company are sitting at:
- -10.09 for the present operating margin
- +26.89 for the gross margin
The net margin for Acadia Realty Trust stands at +17.82. The total capital return value is set at -0.77, while invested capital returns managed to touch 1.81. Equity return is now at value 2.80, with 1.00 for asset returns.
Based on Acadia Realty Trust (AKR), the company’s capital structure generated 119.47 points at debt to equity in total, while total debt to capital is 54.44. Total debt to assets is 42.76, with long-term debt to equity ratio resting at 91.12. Finally, the long-term debt to capital ratio is 41.52.
Currently, EBITDA for the company is 88.34M with total debt to EBITDA at 10.29. When we switch over and look at the enterrpise to sales, we see a ratio of 15.73, with the company’s debt to enterprise value settled at 0.40. The receivables turnover for the company is 1.49 and the total asset turnover is 0.07.