Terreno Realty Corp (TRNO) Stock: A SWOT Analysis

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The price-to-earnings ratio for Terreno Realty Corp (NYSE: TRNO) is above average at 36.53x, Company’s 36-month beta value is 0.91.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”

The public float for TRNO is 94.76M, and currently, short sellers hold a 3.06% ratio of that floaft. The average trading volume of TRNO on October 04, 2024 was 649.87K shares.

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TRNO) stock’s latest price update

The stock of Terreno Realty Corp (NYSE: TRNO) has increased by 0.60 when compared to last closing price of 64.73.Despite this, the company has seen a loss of -2.99% in its stock price over the last five trading days. zacks.com reported 2024-10-01 that TRNO completes the development and stabilization of Building 39 in Hialeah, FL, poising it well to capitalize on favorable industrial real estate market fundamentals.

TRNO’s Market Performance

Terreno Realty Corp (TRNO) has experienced a -2.99% fall in stock performance for the past week, with a -5.38% drop in the past month, and a 7.37% rise in the past quarter. The volatility ratio for the week is 1.77%, and the volatility levels for the past 30 days are at 1.66% for TRNO. The simple moving average for the last 20 days is -4.39% for TRNO’s stock, with a simple moving average of 4.09% for the last 200 days.

Analysts’ Opinion of TRNO

Many brokerage firms have already submitted their reports for TRNO stocks, with Mizuho repeating the rating for TRNO by listing it as a “Underperform.” The predicted price for TRNO in the upcoming period, according to Mizuho is $62 based on the research report published on September 05, 2024 of the current year 2024.

Wells Fargo, on the other hand, stated in their research note that they expect to see TRNO reach a price target of $75, previously predicting the price at $71. The rating they have provided for TRNO stocks is “Equal Weight” according to the report published on August 28th, 2024.

Exane BNP Paribas gave a rating of “Outperform” to TRNO, setting the target price at $68 in the report published on June 04th of the current year.

TRNO Trading at -4.43% from the 50-Day Moving Average

After a stumble in the market that brought TRNO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.09% of loss for the given period.

Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares sank -4.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.60% lower at present.

During the last 5 trading sessions, TRNO fell by -2.99%, which changed the moving average for the period of 200-days by +4.33% in comparison to the 20-day moving average, which settled at $67.94. In addition, Terreno Realty Corp saw 3.91% 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 TRNO starting from COKE MICHAEL A, who sale 7,500 shares at the price of $68.53 back on Aug 09 ’24. After this action, COKE MICHAEL A now owns 402,164 shares of Terreno Realty Corp, valued at $513,975 using the latest closing price.

Meyer John Tull, the EVP of Terreno Realty Corp, sale 6,145 shares at $68.64 during a trade that took place back on Aug 09 ’24, which means that Meyer John Tull is holding 110,988 shares at $421,793 based on the most recent closing price.

Stock Fundamentals for TRNO

Current profitability levels for the company are sitting at:

  • 0.43 for the present operating margin
  • 0.63 for the gross margin

The net margin for Terreno Realty Corp stands at 0.46. The total capital return value is set at 0.03. Equity return is now at value 5.22, with 3.92 for asset returns.

Based on Terreno Realty Corp (TRNO), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 6.73.

Currently, EBITDA for the company is 211.53 million with net debt to EBITDA at 3.06. When we switch over and look at the enterprise to sales, we see a ratio of 20.06. The receivables turnover for the company is 6.18for trailing twelve months and the total asset turnover is 0.08.

Conclusion

In a nutshell, Terreno Realty Corp (TRNO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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