In the past week, EPRT stock has gone up by 2.50%, with a monthly gain of 1.73% and a quarterly surge of 10.83%. The volatility ratio for the week is 1.83%, and the volatility levels for the last 30 days are 1.90% for Essential Properties Realty Trust Inc The simple moving average for the last 20 days is 4.12% for EPRT stock, with a simple moving average of 11.38% for the last 200 days.
Is It Worth Investing in Essential Properties Realty Trust Inc (NYSE: EPRT) Right Now?
The price-to-earnings ratio for Essential Properties Realty Trust Inc (NYSE: EPRT) is 21.98x, which is above its average ratio. Moreover, the 36-month beta value for EPRT is 1.33. Analysts have varying opinions 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 173.98M and currently, short sellers hold a 4.36% of that float. On May 09, 2024, EPRT’s average trading volume was 1.45M shares.
EPRT) stock’s latest price update
The stock price of Essential Properties Realty Trust Inc (NYSE: EPRT) has plunged by -0.95 when compared to previous closing price of 27.27, but the company has seen a 2.50% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-07 that EPRT’s business model focuses on sale and leaseback transactions with middle market, non-investment grade rated businesses in service-oriented and experience-based industries. This tenant profile usually translates to EPRT commanding higher cap rates than its peers. Unfortunately, this also means that EPRT has a higher cost of capital. The current negative investment spread and elevated interest rate environment suggest that investors should wait for a positive spread to be demonstrated at a minimum before investing in EPRT.
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 5.60% 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 -1.76% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.83%, as shares surge +6.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.94% upper at present.
During the last 5 trading sessions, EPRT rose by +2.50%, which changed the moving average for the period of 200-days by +4.61% in comparison to the 20-day moving average, which settled at $26.03. In addition, Essential Properties Realty Trust Inc saw 5.67% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EPRT starting from Sautel Stephen D, who sale 10,000 shares at the price of $27.39 back on May 07 ’24. After this action, Sautel Stephen D now owns 237,492 shares of Essential Properties Realty Trust Inc, valued at $273,900 using the latest closing price.
Sautel Stephen D, the Director of Essential Properties Realty Trust Inc, sale 25,000 shares at $27.09 during a trade that took place back on May 06 ’24, which means that Sautel Stephen D is holding 247,492 shares at $677,250 based on the most recent closing price.
Stock Fundamentals for EPRT
Current profitability levels for the company are sitting at:
- 0.66 for the present operating margin
- 0.99 for the gross margin
The net margin for Essential Properties Realty Trust Inc stands at 0.51. The total capital return value is set at 0.05. Equity return is now at value 6.65, with 4.26 for asset returns.
Based on Essential Properties Realty Trust Inc (EPRT), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 8.13.
Currently, EBITDA for the company is 326.36 million with net debt to EBITDA at 4.98. When we switch over and look at the enterprise to sales, we see a ratio of 16.7. The receivables turnover for the company is 1.0for trailing twelve months and the total asset turnover is 0.08.
Conclusion
To wrap up, the performance of Essential Properties Realty Trust Inc (EPRT) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
