Community Healthcare Trust Inc (NYSE: CHCT) has a price-to-earnings ratio of 135.49x that is above its average ratio. Additionally, the 36-month beta value for CHCT is 0.64. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for CHCT is 26.57M and currently, short sellers hold a 1.25% ratio of that float. The average trading volume of CHCT on May 02, 2024 was 180.93K shares.
CHCT) stock’s latest price update
Community Healthcare Trust Inc (NYSE: CHCT)’s stock price has dropped by -5.47 in relation to previous closing price of 26.53. Nevertheless, the company has seen a loss of -2.98% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-30 that The headline numbers for Community Healthcare Trust (CHCT) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CHCT’s Market Performance
Community Healthcare Trust Inc (CHCT) has experienced a -2.98% fall in stock performance for the past week, with a -2.56% drop in the past month, and a -1.99% drop in the past quarter. The volatility ratio for the week is 2.51%, and the volatility levels for the past 30 days are at 2.20% for CHCT. The simple moving average for the past 20 days is -2.23% for CHCT’s stock, with a -12.15% simple moving average for the past 200 days.
Analysts’ Opinion of CHCT
Evercore ISI, on the other hand, stated in their research note that they expect to see CHCT reach a price target of $32, previously predicting the price at $36. The rating they have provided for CHCT stocks is “In-line” according to the report published on November 02nd, 2023.
Robert W. Baird gave a rating of “Neutral” to CHCT, setting the target price at $33 in the report published on September 22nd of the previous year.
CHCT Trading at -4.46% from the 50-Day Moving Average
After a stumble in the market that brought CHCT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.49% of loss for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.51%, as shares sank -1.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.86% lower at present.
During the last 5 trading sessions, CHCT fell by -2.98%, which changed the moving average for the period of 200-days by -30.20% in comparison to the 20-day moving average, which settled at $25.63. In addition, Community Healthcare Trust Inc saw -5.86% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CHCT
Current profitability levels for the company are sitting at:
- 0.59 for the present operating margin
- 0.81 for the gross margin
The net margin for Community Healthcare Trust Inc stands at 0.16. The total capital return value is set at 0.07. Equity return is now at value 1.01, with 0.56 for asset returns.
Currently, EBITDA for the company is 66.35 million with net debt to EBITDA at -0.04. When we switch over and look at the enterprise to sales, we see a ratio of 6.0.
Conclusion
In conclusion, Community Healthcare Trust Inc (CHCT) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
