Cousins Properties Inc. (NYSE: CUZ) has a higher price-to-earnings ratio of 41.22x compared to its average ratio, The 36-month beta value for CUZ is at 1.26. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for CUZ is 150.49M, and currently, shorts hold a 1.88% of that float. The average trading volume for CUZ on April 11, 2024 was 1.62M shares.
CUZ) stock’s latest price update
The stock of Cousins Properties Inc. (NYSE: CUZ) has decreased by -4.70 when compared to last closing price of 23.61. Despite this, the company has experienced a -0.92% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-04 that Sun Belt focus, capital-recycling efforts and robust balance sheet are likely to support Cousins Properties (CUZ). However, intense competition and high interest rates remain concerns.
CUZ’s Market Performance
CUZ’s stock has fallen by -0.92% in the past week, with a monthly drop of -4.62% and a quarterly drop of -8.05%. The volatility ratio for the week is 2.11% while the volatility levels for the last 30 days are 2.43% for Cousins Properties Inc. The simple moving average for the last 20 days is -3.07% for CUZ stock, with a simple moving average of 1.28% for the last 200 days.
Analysts’ Opinion of CUZ
Many brokerage firms have already submitted their reports for CUZ stocks, with JP Morgan repeating the rating for CUZ by listing it as a “Overweight.” The predicted price for CUZ in the upcoming period, according to JP Morgan is $27 based on the research report published on December 18, 2023 of the previous year 2023.
Truist, on the other hand, stated in their research note that they expect to see CUZ reach a price target of $28, previously predicting the price at $27. The rating they have provided for CUZ stocks is “Buy” according to the report published on September 15th, 2023.
KeyBanc Capital Markets gave a rating of “Underweight” to CUZ, setting the target price at $19 in the report published on September 12th of the previous year.
CUZ Trading at -2.66% from the 50-Day Moving Average
After a stumble in the market that brought CUZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.68% of loss for the given period.
Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares sank -3.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.54% lower at present.
During the last 5 trading sessions, CUZ fell by -0.92%, which changed the moving average for the period of 200-days by +9.54% in comparison to the 20-day moving average, which settled at $23.17. In addition, Cousins Properties Inc. saw -7.60% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CUZ
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.67 for the gross margin
The net margin for Cousins Properties Inc. stands at 0.1. The total capital return value is set at 0.03. Equity return is now at value 1.81, with 1.09 for asset returns.
Based on Cousins Properties Inc. (CUZ), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 1.79.
Currently, EBITDA for the company is 503.67 million with net debt to EBITDA at 4.97. When we switch over and look at the enterprise to sales, we see a ratio of 7.37. The receivables turnover for the company is 3.64for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In conclusion, Cousins Properties Inc. (CUZ) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
