The 36-month beta value for AIV is at 1.34. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for AIV is 131.89M, and currently, shorts hold a 2.75% of that float. The average trading volume for AIV on April 10, 2024 was 1.03M shares.
AIV) stock’s latest price update
Apartment Investment & Management Co. (NYSE: AIV)’s stock price has plunge by 1.33relation to previous closing price of 8.28. Nevertheless, the company has seen a 6.88% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2023-10-08 that Apartment Investment and Management Company has and continues to grow a premier multifamily rental property portfolio in growing markets throughout the U.S. AIV’s robust development pipeline will enable the Company to grow revenues and NOI much faster than its peers in the industry. We initiate with a Buy rating and an $11.20 price target.
AIV’s Market Performance
Apartment Investment & Management Co. (AIV) has experienced a 6.88% rise in stock performance for the past week, with a 8.12% rise in the past month, and a 6.61% rise in the past quarter. The volatility ratio for the week is 2.87%, and the volatility levels for the past 30 days are at 2.52% for AIV. The simple moving average for the last 20 days is 7.40% for AIV stock, with a simple moving average of 12.01% for the last 200 days.
Analysts’ Opinion of AIV
Scotiabank, on the other hand, stated in their research note that they expect to see AIV reach a price target of $41. The rating they have provided for AIV stocks is “Sector Perform” according to the report published on December 04th, 2020.
Citigroup gave a rating of “Sell” to AIV, setting the target price at $33 in the report published on September 18th of the previous year.
AIV Trading at 9.72% from the 50-Day Moving Average
After a stumble in the market that brought AIV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.05% of loss for the given period.
Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 2.87%, as shares surge +8.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.53% upper at present.
During the last 5 trading sessions, AIV rose by +6.88%, which changed the moving average for the period of 200-days by +5.67% in comparison to the 20-day moving average, which settled at $7.84. In addition, Apartment Investment & Management Co. saw 7.15% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AIV
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.51 for the gross margin
The net margin for Apartment Investment & Management Co. stands at -0.87. The total capital return value is set at 0.0. Equity return is now at value -37.03, with -7.78 for asset returns.
Based on Apartment Investment & Management Co. (AIV), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 3.31. The interest coverage ratio of the stock is 0.04.
Currently, EBITDA for the company is 76.62 million with net debt to EBITDA at 14.82. When we switch over and look at the enterprise to sales, we see a ratio of 12.59. The receivables turnover for the company is 2.96for trailing twelve months and the total asset turnover is 0.09.
Conclusion
In conclusion, Apartment Investment & Management Co. (AIV) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
