The stock of Essential Properties Realty Trust Inc (EPRT) has seen a 0.08% increase in the past week, with a 0.32% gain in the past month, and a -3.69% decrease in the past quarter. The volatility ratio for the week is 2.07%, and the volatility levels for the past 30 days are at 1.84% for EPRT. The simple moving average for the past 20 days is -1.73% for EPRT’s stock, with a 5.18% simple moving average for the past 200 days.
Is It Worth Investing in Essential Properties Realty Trust Inc (NYSE: EPRT) Right Now?
Essential Properties Realty Trust Inc (NYSE: EPRT) has a higher price-to-earnings ratio of 20.33x compared to its average ratio. EPRT has 36-month beta value of 1.29. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for EPRT is 173.71M, and currently, short sellers hold a 4.54% ratio of that float. The average trading volume of EPRT on April 11, 2024 was 1.43M shares.
EPRT) stock’s latest price update
Essential Properties Realty Trust Inc (NYSE: EPRT) has experienced a decline in its stock price by -4.67 compared to its previous closing price of 26.55. However, the company has seen a gain of 0.08% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-06 that The US economy is experiencing conflicting trends, with job gains being driven by immigration while native-born Americans are leaving the workforce. The manufacturing sector may be experiencing a rebound due to government subsidies rather than fundamental economic growth. Commercial real estate has not crashed as expected, with lenders extending loans and delaying the marking down of property values.
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 1.04% 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 unable to rebound, for now settling with -5.45% of loss for the given period.
Volatility was left at 1.84%, however, over the last 30 days, the volatility rate increased by 2.07%, as shares sank -0.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.04% upper at present.
During the last 5 trading sessions, EPRT rose by +0.08%, which changed the moving average for the period of 200-days by +10.48% in comparison to the 20-day moving average, which settled at $25.75. In addition, Essential Properties Realty Trust Inc saw -0.98% 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 EPRT starting from Mavoides Peter M., who sale 9,188 shares at the price of $26.01 back on Mar 26 ’24. After this action, Mavoides Peter M. now owns 554,904 shares of Essential Properties Realty Trust Inc, valued at $238,980 using the latest closing price.
Mavoides Peter M., the President and CEO of Essential Properties Realty Trust Inc, sale 1,700 shares at $26.04 during a trade that took place back on Mar 22 ’24, which means that Mavoides Peter M. is holding 564,092 shares at $44,268 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 16.85. The receivables turnover for the company is 0.99for trailing twelve months and the total asset turnover is 0.08.
Conclusion
To put it simply, Essential Properties Realty Trust Inc (EPRT) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
