Evaluating the Impact of -0.40 Increase on Easterly Government Properties Inc’s (DEA) Stock

The stock of Easterly Government Properties Inc (DEA) has seen a -0.47% decrease in the past week, with a 0.18% gain in the past month, and a 12.53% flourish in the past quarter. The volatility ratio for the week is 1.54%, and the volatility levels for the past 30 days are at 1.90% for DEA.. The simple moving average for the past 20 days is 1.79% for DEA’s stock, with a 9.57% simple moving average for the past 200 days.

Is It Worth Investing in Easterly Government Properties Inc (NYSE: DEA) Right Now?

Easterly Government Properties Inc (NYSE: DEA) has a price-to-earnings ratio that is above its average at 73.63x. The stock has a 36-month beta value of 0.70. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 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 DEA is 96.20M, and at present, short sellers hold a 3.52% of that float. On September 20, 2024, the average trading volume of DEA was 849.35K shares.

DEA) stock’s latest price update

The stock of Easterly Government Properties Inc (NYSE: DEA) has decreased by -0.40 when compared to last closing price of 13.75.Despite this, the company has seen a loss of -0.47% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-12 that Easterly Government Properties benefits from anticipated lower interest rates, enhancing their growth potential and investment activity, despite an elevated payout ratio above 100%. With increased investment activity, the REIT may be able to cover its dividend in the near to medium term. Recent acquisitions, including major government-adjacent acquisitions to investment-rated companies like Northrop Grumman, and a solid balance sheet position DEA for potential upside, along with a strong pipeline of future deals.

Analysts’ Opinion of DEA

Many brokerage firms have already submitted their reports for DEA stocks, with RBC Capital Mkts repeating the rating for DEA by listing it as a “Underperform.” The predicted price for DEA in the upcoming period, according to RBC Capital Mkts is $13 based on the research report published on August 16, 2023 of the previous year 2023.

Compass Point, on the other hand, stated in their research note that they expect to see DEA reach a price target of $17. The rating they have provided for DEA stocks is “Buy” according to the report published on March 28th, 2023.

BMO Capital Markets gave a rating of “Underperform” to DEA, setting the target price at $14 in the report published on December 16th of the previous year.

DEA Trading at 1.39% from the 50-Day Moving Average

After a stumble in the market that brought DEA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.63% of loss for the given period.

Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares surge +1.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.43% upper at present.

During the last 5 trading sessions, DEA fell by -0.65%, which changed the moving average for the period of 200-days by +11.05% in comparison to the 20-day moving average, which settled at $13.47. In addition, Easterly Government Properties Inc saw 1.90% 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 DEA starting from Crate Darrell W, who purchase 8,000 shares at the price of $13.14 back on Dec 13 ’23. After this action, Crate Darrell W now owns 92,174 shares of Easterly Government Properties Inc, valued at $105,120 using the latest closing price.

Stock Fundamentals for DEA

Current profitability levels for the company are sitting at:

  • 0.29 for the present operating margin
  • 0.38 for the gross margin

The net margin for Easterly Government Properties Inc stands at 0.07. The total capital return value is set at 0.03. Equity return is now at value 1.44, with 0.64 for asset returns.

Based on Easterly Government Properties Inc (DEA), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.07. The interest coverage ratio of the stock is 2.69.

Currently, EBITDA for the company is 156.02 million with net debt to EBITDA at 7.79. When we switch over and look at the enterprise to sales, we see a ratio of 9.57. The receivables turnover for the company is 4.1for trailing twelve months and the total asset turnover is 0.1.

Conclusion

To sum up, Easterly Government Properties Inc (DEA) 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.

Most Popular

Related Posts