The stock price of Easterly Government Properties Inc (NYSE: DEA) has dropped by -4.87 compared to previous close of 11.90. The Motley Fool reported 2024-04-10 that Investors in the sector were spooked about the latest readout on inflation. The Consumer Price Index ticked up higher than expected in March and topped the February figure.
Is It Worth Investing in Easterly Government Properties Inc (NYSE: DEA) Right Now?
Easterly Government Properties Inc (NYSE: DEA) has a price-to-earnings ratio that is above its average at 58.74x. The stock has a 36-month beta value of 0.64. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for DEA is 95.38M, and at present, short sellers hold a 3.65% of that float. On April 11, 2024, the average trading volume of DEA was 993.77K shares.
DEA’s Market Performance
DEA stock saw a decrease of 0.00% in the past week, with a monthly decline of -3.74% and a quarterly a decrease of -16.40%. The volatility ratio for the week is 2.15%, and the volatility levels for the last 30 days are 2.18% for Easterly Government Properties Inc (DEA). The simple moving average for the last 20 days is -0.68% for DEA’s stock, with a simple moving average of -10.02% for the last 200 days.
Analysts’ Opinion of DEA
Many brokerage firms have already submitted their reports for DEA stocks, with RBC Capital Mkts repeating the rating for DEA by listing it as a “Underperform.” The predicted price for DEA in the upcoming period, according to RBC Capital Mkts is $13 based on the research report published on August 16, 2023 of the previous year 2023.
Compass Point, on the other hand, stated in their research note that they expect to see DEA reach a price target of $17. The rating they have provided for DEA stocks is “Buy” according to the report published on March 28th, 2023.
BMO Capital Markets gave a rating of “Underperform” to DEA, setting the target price at $14 in the report published on December 16th of the previous year.
DEA Trading at -2.93% from the 50-Day Moving Average
After a stumble in the market that brought DEA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.58% of loss for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 2.15%, as shares sank -2.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.29% lower at present.
During the last 5 trading sessions, DEA remain unchanged, which changed the moving average for the period of 200-days by -18.50% in comparison to the 20-day moving average, which settled at $11.38. In addition, Easterly Government Properties Inc saw -15.77% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DEA starting from Crate Darrell W, who purchase 8,000 shares at the price of $13.14 back on Dec 13 ’23. After this action, Crate Darrell W now owns 92,174 shares of Easterly Government Properties Inc, valued at $105,120 using the latest closing price.
Stock Fundamentals for DEA
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.54 for the gross margin
The net margin for Easterly Government Properties Inc stands at -0.08. The total capital return value is set at 0.03. Equity return is now at value 1.42, with 0.64 for asset returns.
Based on Easterly Government Properties Inc (DEA), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 0.98. The interest coverage ratio of the stock is 3.25.
Currently, EBITDA for the company is 156.02 million with net debt to EBITDA at 7.31. When we switch over and look at the enterprise to sales, we see a ratio of 8.52. The receivables turnover for the company is 4.33for trailing twelve months and the total asset turnover is 0.1.
Conclusion
To sum up, Easterly Government Properties Inc (DEA) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
