Empire State Realty Trust Inc. (NYSE:ESRT) went up by 9.20% from its latest closing price compared to the recent 1-year high of $13.85. The company’s stock price has collected 7.68% of gains in the last five trading sessions. Barron’s reported 18 hours ago that How Top Real Estate Fund Managers Are Preparing for a Post-Covid World
Is It Worth Investing in Empire State Realty Trust Inc. (NYSE :ESRT) Right Now?
Empire State Realty Trust Inc. (NYSE:ESRT) scored a price-to-earnings ratio above its average ratio, recording 80.60 x from its present earnings ratio. Plus, the 36-month beta value for ESRT is at 1.20. Opinions of the stock are interesting as 2 analysts out of 9 who provided ratings for Empire State Realty Trust Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 1 as “sell.”
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
The average price from analysts is $11.46, which is $0.34 above the current price. ESRT currently public float of 169.82M and currently shorts hold a 6.52% ratio of that float. Today, the average trading volume of ESRT was 1.98M shares.
ESRT’s Market Performance
ESRT stocks went up by 7.68% for the week, with a monthly jump of 17.26% and a quarterly performance of 26.61%, while its annual performance rate touched -20.30%. The volatility ratio for the week stands at 4.44% while the volatility levels for the past 30 days are set at 3.87% for Empire State Realty Trust Inc.. The simple moving average for the period of the last 20 days is 10.14% for ESRT stocks with a simple moving average of 42.13% for the last 200 days.
Analysts’ Opinion of ESRT
BMO Capital Markets, on the other hand, stated in their research note that they expect to see ESRT reach a price target of $14, previously predicting the price at $8. The rating they have provided for ESRT stocks is “Outperform” according to the report published on December 03rd, 2020.
Citigroup gave a rating of “Neutral” to ESRT, setting the target price at $6.50 in the report published on September 03rd of the previous year.
ESRT Trading at 12.71% from the 50-Day Moving Average
After a stumble in the market that brought ESRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.02% of loss for the given period.
Volatility was left at 3.87%, however, over the last 30 days, the volatility rate increased by 4.44%, as shares surge +18.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.73% upper at present.
During the last 5 trading sessions, ESRT rose by +7.68%, which changed the moving average for the period of 200-days by +42.29% in comparison to the 20-day moving average, which settled at $9.89. In addition, Empire State Realty Trust Inc. saw 15.88% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ESRT
Current profitability levels for the company are sitting at:
- +10.65 for the present operating margin
- +20.86 for the gross margin
The net margin for Empire State Realty Trust Inc. stands at -2.05. The total capital return value is set at 1.89, while invested capital returns managed to touch -0.37. Equity return is now at value 2.10, with 0.60 for asset returns.
Based on Empire State Realty Trust Inc. (ESRT), the company’s capital structure generated 125.09 points at debt to equity in total, while total debt to capital is 55.57. Total debt to assets is 52.18, with long-term debt to equity ratio resting at 125.09. Finally, the long-term debt to capital ratio is 55.57.
When we switch over and look at the enterprise to sales, we see a ratio of 5.30, with the company’s debt to enterprise value settled at 0.67. The receivables turnover for the company is 25.94 and the total asset turnover is 0.15.