Should You Invest in Cousins Properties Inc. (CUZ) Now?

Cousins Properties Inc. (NYSE: CUZ) has a higher price-to-earnings ratio of 50.84x compared to its average ratio, The 36-month beta value for CUZ is at 1.29. 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 150.80M, and currently, shorts hold a 2.79% of that float. The average trading volume for CUZ on July 18, 2024 was 1.14M shares.

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CUZ) stock’s latest price update

Cousins Properties Inc. (NYSE: CUZ) has seen a decline in its stock price by -0.72 in relation to its previous close of 24.93. However, the company has experienced a 2.70% gain in its stock price over the last five trading sessions. investorplace.com reported 2024-07-10 that Undervalued REITs are the way to go in the current real estate environment, which is still struggling after the Federal Reserve hiked rates 11 times from 2022 to 2023 in an effort to curb inflation. Still, it continues to be above the benchmark rate of 2%.

CUZ’s Market Performance

Cousins Properties Inc. (CUZ) has experienced a 2.70% rise in stock performance for the past week, with a 8.08% rise in the past month, and a 13.01% rise in the past quarter. The volatility ratio for the week is 2.32%, and the volatility levels for the past 30 days are at 1.87% for CUZ. The simple moving average for the past 20 days is 6.09% for CUZ’s stock, with a 10.82% simple moving average for the past 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 6.30% 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 -2.87% of loss for the given period.

Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares surge +6.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.19% upper at present.

During the last 5 trading sessions, CUZ rose by +3.11%, which changed the moving average for the period of 200-days by +21.99% in comparison to the 20-day moving average, which settled at $23.41. In addition, Cousins Properties Inc. saw 1.64% 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 CUZ starting from ADZEMA GREGG D, who sale 71,097 shares at the price of $23.31 back on May 02 ’24. After this action, ADZEMA GREGG D now owns 85,872 shares of Cousins Properties Inc., valued at $1,657,271 using the latest closing price.

Stock Fundamentals for CUZ

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.56 for the gross margin

The net margin for Cousins Properties Inc. stands at 0.09. The total capital return value is set at 0.03. Equity return is now at value 1.63, with 0.97 for asset returns.

Based on Cousins Properties Inc. (CUZ), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 0.75. The interest coverage ratio of the stock is 1.68.

Currently, EBITDA for the company is 503.67 million with net debt to EBITDA at 5.21. When we switch over and look at the enterprise to sales, we see a ratio of 7.91. The receivables turnover for the company is 3.58for trailing twelve months and the total asset turnover is 0.11.

Conclusion

In conclusion, Cousins Properties Inc. (CUZ) has had a better 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.

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