The stock of Federal Realty Investment Trust. (NYSE: FRT) has decreased by -0.99 when compared to last closing price of 103.60.Despite this, the company has seen a gain of 4.10% in its stock price over the last five trading days. 24/7 Wall Street reported 2024-04-25 that Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE Ever wanted an extra set of eyes on an investment you’re considering?
Is It Worth Investing in Federal Realty Investment Trust. (NYSE: FRT) Right Now?
Federal Realty Investment Trust. (NYSE: FRT) has a higher price-to-earnings ratio of 36.64x compared to its average ratio, The 36-month beta value for FRT is at 1.22. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for FRT is 82.09M, and currently, shorts hold a 2.30% of that float. The average trading volume for FRT on April 26, 2024 was 631.74K shares.
FRT’s Market Performance
The stock of Federal Realty Investment Trust. (FRT) has seen a 4.10% increase in the past week, with a 3.83% rise in the past month, and a -1.06% fall in the past quarter. The volatility ratio for the week is 1.73%, and the volatility levels for the past 30 days are at 1.68% for FRT.. The simple moving average for the past 20 days is 2.37% for FRT’s stock, with a 4.47% simple moving average for the past 200 days.
Analysts’ Opinion of FRT
Many brokerage firms have already submitted their reports for FRT stocks, with Deutsche Bank repeating the rating for FRT by listing it as a “Buy.” The predicted price for FRT in the upcoming period, according to Deutsche Bank is $110 based on the research report published on April 22, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see FRT reach a price target of $112, previously predicting the price at $110. The rating they have provided for FRT stocks is “Overweight” according to the report published on February 29th, 2024.
Deutsche Bank gave a rating of “Hold” to FRT, setting the target price at $109 in the report published on January 30th of the current year.
FRT Trading at 2.32% from the 50-Day Moving Average
After a stumble in the market that brought FRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.68% of loss for the given period.
Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares surge +1.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.50% upper at present.
During the last 5 trading sessions, FRT rose by +4.10%, which changed the moving average for the period of 200-days by +2.90% in comparison to the 20-day moving average, which settled at $100.25. In addition, Federal Realty Investment Trust. saw -0.47% 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 FRT starting from WOOD DONALD C, who sale 20,000 shares at the price of $98.73 back on Dec 05 ’23. After this action, WOOD DONALD C now owns 189,259 shares of Federal Realty Investment Trust., valued at $1,974,502 using the latest closing price.
WOOD DONALD C, the Chief Executive Officer of Federal Realty Investment Trust., sale 345 shares at $99.91 during a trade that took place back on Dec 04 ’23, which means that WOOD DONALD C is holding 209,259 shares at $34,470 based on the most recent closing price.
Stock Fundamentals for FRT
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 0.68 for the gross margin
The net margin for Federal Realty Investment Trust. stands at 0.14. The total capital return value is set at 0.05. Equity return is now at value 7.97, with 2.83 for asset returns.
Based on Federal Realty Investment Trust. (FRT), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.81. The interest coverage ratio of the stock is 4.95.
Currently, EBITDA for the company is 726.91 million with net debt to EBITDA at 6.14. When we switch over and look at the enterprise to sales, we see a ratio of 11.44. The receivables turnover for the company is 5.37for trailing twelve months and the total asset turnover is 0.13.
Conclusion
In conclusion, Federal Realty Investment Trust. (FRT) has had a mixed 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.
