In the past week, BNL stock has gone up by 1.09%, with a monthly gain of 5.87% and a quarterly surge of 21.12%. The volatility ratio for the week is 1.32%, and the volatility levels for the last 30 days are 1.55% for Broadstone Net Lease Inc The simple moving average for the last 20 days is 1.75% for BNL’s stock, with a simple moving average of 15.02% for the last 200 days.
Is It Worth Investing in Broadstone Net Lease Inc (NYSE: BNL) Right Now?
Broadstone Net Lease Inc (NYSE: BNL) has a price-to-earnings ratio that is above its average at 22.42x. The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for BNL is 186.43M, and at present, short sellers hold a 3.09% of that float. On September 18, 2024, the average trading volume of BNL was 1.16M shares.
BNL) stock’s latest price update
Broadstone Net Lease Inc (NYSE: BNL)’s stock price has dropped by -0.75 in relation to previous closing price of 18.72. Nevertheless, the company has seen a gain of 1.09% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-17 that Broadstone Net Lease’s reorganization strategy aims to reduce healthcare properties and increase industrial property exposure, enhancing portfolio quality and long-term value. Despite recent industrial sector challenges, including oversupply and interest rate headwinds, BNL’s strategic shift is seen as a sustainable step forward. Q2 2024 data shows signs of improving industrial space demand and reduced construction starts, indicating a potential market turnaround.
BNL Trading at 5.42% from the 50-Day Moving Average
After a stumble in the market that brought BNL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.22% of loss for the given period.
Volatility was left at 1.55%, however, over the last 30 days, the volatility rate increased by 1.32%, as shares surge +4.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.27% upper at present.
During the last 5 trading sessions, BNL rose by +1.09%, which changed the moving average for the period of 200-days by +17.08% in comparison to the 20-day moving average, which settled at $18.30. In addition, Broadstone Net Lease Inc saw 7.90% 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 BNL starting from Wiegel Molly, who sale 6,320 shares at the price of $15.48 back on May 14 ’24. After this action, Wiegel Molly now owns 56,680 shares of Broadstone Net Lease Inc, valued at $97,838 using the latest closing price.
NARASIMHAN SHEKAR, the Director of Broadstone Net Lease Inc, purchase 5,000 shares at $14.87 during a trade that took place back on Feb 27 ’24, which means that NARASIMHAN SHEKAR is holding 5,000 shares at $74,350 based on the most recent closing price.
Stock Fundamentals for BNL
Current profitability levels for the company are sitting at:
- 0.85 for the present operating margin
- 0.77 for the gross margin
The net margin for Broadstone Net Lease Inc stands at 0.36. The total capital return value is set at 0.07. Equity return is now at value 5.08, with 2.95 for asset returns.
Based on Broadstone Net Lease Inc (BNL), the company’s capital structure generated 0.38 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 0.62. The interest coverage ratio of the stock is 4.86.
Currently, EBITDA for the company is 379.72 million with net debt to EBITDA at 5.31. When we switch over and look at the enterprise to sales, we see a ratio of 12.64. The receivables turnover for the company is 165.36for trailing twelve months and the total asset turnover is 0.08.
Conclusion
To sum up, Broadstone Net Lease Inc (BNL) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
