Equity Lifestyle Properties Inc. (ELS) Shares Rise Despite Market Challenges

Equity Lifestyle Properties Inc. (NYSE: ELS)’s stock price has plunge by 0.54relation to previous closing price of 73.49. Nevertheless, the company has seen a -1.79% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-17 that NEW YORK, Sept. 17, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Equity LifeStyle Properties, Inc. (NYSE: ELS) resulting from allegations that Equity LifeStyle Properties may have issued materially misleading business information to the investing public.

Is It Worth Investing in Equity Lifestyle Properties Inc. (NYSE: ELS) Right Now?

Equity Lifestyle Properties Inc. (NYSE: ELS) has a price-to-earnings ratio of 40.02x that is above its average ratio. Additionally, the 36-month beta value for ELS is 0.80. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it 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 ELS is 178.15M and currently, short sellers hold a 1.65% ratio of that float. The average trading volume of ELS on September 19, 2024 was 1.09M shares.

ELS’s Market Performance

ELS’s stock has seen a -1.79% decrease for the week, with a 4.36% rise in the past month and a 16.93% gain in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.63% for Equity Lifestyle Properties Inc. The simple moving average for the past 20 days is 1.35% for ELS’s stock, with a 10.42% simple moving average for the past 200 days.

Analysts’ Opinion of ELS

Wolfe Research, on the other hand, stated in their research note that they expect to see ELS reach a price target of $75. The rating they have provided for ELS stocks is “Outperform” according to the report published on February 09th, 2024.

Deutsche Bank gave a rating of “Hold” to ELS, setting the target price at $64 in the report published on January 30th of the current year.

ELS Trading at 4.75% from the 50-Day Moving Average

After a stumble in the market that brought ELS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.54% of loss for the given period.

Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +3.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.39% upper at present.

During the last 5 trading sessions, ELS fell by -1.82%, which changed the moving average for the period of 200-days by +2.77% in comparison to the 20-day moving average, which settled at $73.04. In addition, Equity Lifestyle Properties Inc. saw 4.74% 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 ELS starting from NADER MARGUERITE M, who sale 33,000 shares at the price of $75.52 back on Sep 16 ’24. After this action, NADER MARGUERITE M now owns 260,936 shares of Equity Lifestyle Properties Inc., valued at $2,492,160 using the latest closing price.

Seavey Paul, the Member of immediate family of of Equity Lifestyle Properties Inc., proposed sale 31,988 shares at $75.46 during a trade that took place back on Sep 17 ’24, which means that Seavey Paul is holding shares at $2,413,814 based on the most recent closing price.

Stock Fundamentals for ELS

Current profitability levels for the company are sitting at:

  • 0.45 for the present operating margin
  • 0.45 for the gross margin

The net margin for Equity Lifestyle Properties Inc. stands at 0.24. The total capital return value is set at 0.14. Equity return is now at value 24.87, with 6.36 for asset returns.

Based on Equity Lifestyle Properties Inc. (ELS), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 2.42. The interest coverage ratio of the stock is 5.01.

Currently, EBITDA for the company is 523.79 million with net debt to EBITDA at 5.38. When we switch over and look at the enterprise to sales, we see a ratio of 11.37. The receivables turnover for the company is 29.48for trailing twelve months and the total asset turnover is 0.27.

Conclusion

In conclusion, Equity Lifestyle Properties Inc. (ELS) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.

Most Popular

Related Posts