First Industrial Realty Trust Inc. (NYSE:FR) went up by 1.22% from its latest closing price compared to the recent 1-year high of $53.55. The company’s stock price has collected 3.26% of gains in the last five trading sessions. Press Release reported on 06/07/21 that First Industrial Realty Trust To Participate In Nareit’s REITweek: 2021 Investor Conference
Is It Worth Investing in First Industrial Realty Trust Inc. (NYSE :FR) Right Now?
First Industrial Realty Trust Inc. (NYSE:FR) scored a price-to-earnings ratio above its average ratio, recording 31.87 x from its present earnings ratio. Plus, the 36-month beta value for FR is at 0.88. Opinions of the stock are interesting as 5 analysts out of 11 who provided ratings for First Industrial Realty Trust Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $52.73, which is -$0.89 below the current price. FR currently public float of 128.34M and currently shorts hold a 1.73% ratio of that float. Today, the average trading volume of FR was 1.07M shares.
FR’s Market Performance
FR stocks went up by 3.26% for the week, with a monthly jump of 9.11% and a quarterly performance of 22.25%, while its annual performance rate touched 34.34%. The volatility ratio for the week stands at 1.53% while the volatility levels for the past 30 days are set at 1.61% for First Industrial Realty Trust Inc.. The simple moving average for the period of the last 20 days is 5.80% for FR stocks with a simple moving average of 22.26% for the last 200 days.
Analysts’ Opinion of FR
Goldman, on the other hand, stated in their research note that they expect to see FR reach a price target of $46, previously predicting the price at $44. The rating they have provided for FR stocks is “Neutral” according to the report published on March 25th, 2021.
Jefferies gave a rating of “Buy” to FR, setting the target price at $49 in the report published on January 13th of the current year.
FR Trading at 9.12% from the 50-Day Moving Average
After a stumble in the market that brought FR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.45% of gains for the given period.
Volatility was left at 1.61%, however, over the last 30 days, the volatility rate increased by 1.53%, as shares surge +10.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.70% upper at present.
During the last 5 trading sessions, FR rose by +3.26%, which changed the moving average for the period of 200-days by +25.15% in comparison to the 20-day moving average, which settled at $51.11. In addition, First Industrial Realty Trust Inc. saw 27.68% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at FR starting from Schultz Peter, who sale 15,000 shares at the price of $49.82 back on Apr 30. After this action, Schultz Peter now owns 96,424 shares of First Industrial Realty Trust Inc., valued at $747,300 using the latest closing price.
MUSIL SCOTT A, the Chief Financial Officer of First Industrial Realty Trust Inc., sale 10,800 shares at $49.24 during a trade that took place back on Apr 26, which means that MUSIL SCOTT A is holding 92,528 shares at $531,792 based on the most recent closing price.
Stock Fundamentals for FR
Current profitability levels for the company are sitting at:
- +36.52 for the present operating margin
- +43.76 for the gross margin
The net margin for First Industrial Realty Trust Inc. stands at +44.58. The total capital return value is set at 4.67, while invested capital returns managed to touch 6.01. Equity return is now at value 11.70, with 5.80 for asset returns.
Based on First Industrial Realty Trust Inc. (FR), the company’s capital structure generated 85.01 points at debt to equity in total, while total debt to capital is 45.95. Total debt to assets is 42.66, with long-term debt to equity ratio resting at 71.11. Finally, the long-term debt to capital ratio is 38.44.
When we switch over and look at the enterprise to sales, we see a ratio of 15.61, with the company’s debt to enterprise value settled at 0.24. The receivables turnover for the company is 9.55 and the total asset turnover is 0.12.