STAG Industrial Inc (NYSE: STAG)’s stock price has dropped by -2.98 in relation to previous closing price of 35.62. Nevertheless, the company has seen a loss of -7.05% in its stock price over the last five trading days. InvestorPlace reported 2024-04-08 that Dividend investors look for promising investment opportunities that provide steady cash flow. Some corporations offer quarterly dividend distributions for their investors and raise them yearly.
Is It Worth Investing in STAG Industrial Inc (NYSE: STAG) Right Now?
STAG Industrial Inc (NYSE: STAG) has a higher price-to-earnings ratio of 32.38x compared to its average ratio. STAG has 36-month beta value of 1.04. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for STAG is 181.57M, and currently, short sellers hold a 3.48% ratio of that float. The average trading volume of STAG on April 17, 2024 was 1.11M shares.
STAG’s Market Performance
STAG stock saw a decrease of -7.05% in the past week, with a monthly decline of -6.87% and a quarterly a decrease of -7.77%. The volatility ratio for the week is 1.79%, and the volatility levels for the last 30 days are 1.59% for STAG Industrial Inc (STAG). The simple moving average for the past 20 days is -7.85% for STAG’s stock, with a -5.54% simple moving average for the past 200 days.
Analysts’ Opinion of STAG
Many brokerage firms have already submitted their reports for STAG stocks, with Barclays repeating the rating for STAG by listing it as a “Equal Weight.” The predicted price for STAG in the upcoming period, according to Barclays is $40 based on the research report published on March 27, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see STAG reach a price target of $41, previously predicting the price at $38. The rating they have provided for STAG stocks is “Neutral” according to the report published on January 05th, 2024.
RBC Capital Mkts gave a rating of “Sector Perform” to STAG, setting the target price at $39 in the report published on November 03rd of the previous year.
STAG Trading at -8.15% from the 50-Day Moving Average
After a stumble in the market that brought STAG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.75% of loss for the given period.
Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares sank -6.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.28% lower at present.
During the last 5 trading sessions, STAG fell by -6.91%, which changed the moving average for the period of 200-days by -3.54% in comparison to the 20-day moving average, which settled at $37.39. In addition, STAG Industrial Inc saw -11.97% 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 STAG starting from Paul Jaclyn, who sale 12,900 shares at the price of $38.57 back on Dec 21 ’23. After this action, Paul Jaclyn now owns 10,916 shares of STAG Industrial Inc, valued at $497,553 using the latest closing price.
Crooker William R, the CEO AND PRESIDENT of STAG Industrial Inc, sale 25,000 shares at $38.84 during a trade that took place back on Dec 20 ’23, which means that Crooker William R is holding 0 shares at $970,982 based on the most recent closing price.
Stock Fundamentals for STAG
Current profitability levels for the company are sitting at:
- 0.59 for the present operating margin
- 0.7 for the gross margin
The net margin for STAG Industrial Inc stands at 0.3. The total capital return value is set at 0.07. Equity return is now at value 5.70, with 3.09 for asset returns.
Based on STAG Industrial Inc (STAG), the company’s capital structure generated 0.44 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 0.78. The interest coverage ratio of the stock is 4.0.
Currently, EBITDA for the company is 516.05 million with net debt to EBITDA at 5.16. When we switch over and look at the enterprise to sales, we see a ratio of 12.61. The receivables turnover for the company is 5.52for trailing twelve months and the total asset turnover is 0.11.
Conclusion
To put it simply, STAG Industrial Inc (STAG) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
