Essential Properties Realty Trust Inc (NYSE: EPRT)’s stock price has surge by 1.45relation to previous closing price of 26.15. Nevertheless, the company has seen a 3.96% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-27 that Essential Properties Trust is a net-lease REIT with a portfolio of nearly 2,000 properties leased to various tenants. EPRT has outperformed its peers in the net lease sector due to its focus on small properties, middle-market tenants, and sale-leaseback transactions. While EPRT offers higher growth potential, it also comes with higher risks, including exposure to economic downturns and inflation. The stock is currently considered fairly valued.
Is It Worth Investing in Essential Properties Realty Trust Inc (NYSE: EPRT) Right Now?
The price-to-earnings ratio for Essential Properties Realty Trust Inc (NYSE: EPRT) is above average at 21.33x. The 36-month beta value for EPRT is also noteworthy at 1.28. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for EPRT is 173.70M, and at present, short sellers hold a 6.34% of that float. The average trading volume of EPRT on March 28, 2024 was 1.38M shares.
EPRT’s Market Performance
The stock of Essential Properties Realty Trust Inc (EPRT) has seen a 3.96% increase in the past week, with a 9.95% rise in the past month, and a 1.92% gain in the past quarter. The volatility ratio for the week is 1.61%, and the volatility levels for the past 30 days are at 1.74% for EPRT. The simple moving average for the past 20 days is 5.65% for EPRT’s stock, with a 10.58% simple moving average for the past 200 days.
Analysts’ Opinion of EPRT
Many brokerage firms have already submitted their reports for EPRT stocks, with Citigroup repeating the rating for EPRT by listing it as a “Buy.” The predicted price for EPRT in the upcoming period, according to Citigroup is $28.50 based on the research report published on March 22, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see EPRT reach a price target of $29. The rating they have provided for EPRT stocks is “Outperform” according to the report published on February 13th, 2024.
B. Riley Securities gave a rating of “Buy” to EPRT, setting the target price at $27.50 in the report published on November 30th of the previous year.
EPRT Trading at 6.69% from the 50-Day Moving Average
After a stumble in the market that brought EPRT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.53% of gains for the given period.
Volatility was left at 1.74%, however, over the last 30 days, the volatility rate increased by 1.61%, as shares surge +11.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.16% upper at present.
During the last 5 trading sessions, EPRT rose by +3.96%, which changed the moving average for the period of 200-days by +7.63% in comparison to the 20-day moving average, which settled at $25.25. In addition, Essential Properties Realty Trust Inc saw 3.79% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EPRT starting from Mavoides Peter M., who sale 1,700 shares at the price of $26.04 back on Mar 22 ’24. After this action, Mavoides Peter M. now owns 564,092 shares of Essential Properties Realty Trust Inc, valued at $44,268 using the latest closing price.
Mavoides Peter M., the President and CEO of Essential Properties Realty Trust Inc, sale 100 shares at $26.00 during a trade that took place back on Mar 21 ’24, which means that Mavoides Peter M. is holding 565,792 shares at $2,600 based on the most recent closing price.
Stock Fundamentals for EPRT
Current profitability levels for the company are sitting at:
- 0.68 for the present operating margin
- 0.99 for the gross margin
The net margin for Essential Properties Realty Trust Inc stands at 0.53. The total capital return value is set at 0.05. Equity return is now at value 6.98, with 4.35 for asset returns.
Based on Essential Properties Realty Trust Inc (EPRT), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is 8.88.
Currently, EBITDA for the company is 326.36 million with net debt to EBITDA at 5.38. When we switch over and look at the enterprise to sales, we see a ratio of 17.45. The receivables turnover for the company is 0.99for trailing twelve months and the total asset turnover is 0.08.
Conclusion
In summary, Essential Properties Realty Trust Inc (EPRT) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
