The stock of Peakstone Realty Trust (NYSE: PKST) has increased by 7.47 when compared to last closing price of 12.99.Despite this, the company has seen a loss of -0.92% in its stock price over the last five trading days. businesswire.com reported 2024-10-21 that EL SEGUNDO, Calif.–(BUSINESS WIRE)–Peakstone Realty Trust (“PKST” or the “Company”) (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, announced it will release its third quarter 2024 financial results after the market closes on Wednesday, October 30, 2024. Peakstone will host a webcast to present the results on Wednesday, October 30, 2024 at 5:00 p.m. Eastern Time. To acc.
Is It Worth Investing in Peakstone Realty Trust (NYSE: PKST) Right Now?
The 36-month beta value for PKST is also noteworthy at 2.62. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
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The public float for PKST is 36.10M, and at present, short sellers hold a 4.17% of that float. The average trading volume of PKST on October 23, 2024 was 143.17K shares.
PKST’s Market Performance
PKST’s stock has seen a -0.92% decrease for the week, with a -6.56% drop in the past month and a 3.95% gain in the past quarter. The volatility ratio for the week is 6.13%, and the volatility levels for the past 30 days are at 4.38% for Peakstone Realty Trust The simple moving average for the past 20 days is 1.50% for PKST’s stock, with a 1.50% simple moving average for the past 200 days.
Analysts’ Opinion of PKST
Many brokerage firms have already submitted their reports for PKST stocks, with BofA Securities repeating the rating for PKST by listing it as a “Underperform.” The predicted price for PKST in the upcoming period, according to BofA Securities is $27 based on the research report published on June 13, 2023 of the previous year 2023.
Truist, on the other hand, stated in their research note that they expect to see PKST reach a price target of $24. The rating they have provided for PKST stocks is “Hold” according to the report published on June 02nd, 2023.
PKST Trading at 2.68% from the 50-Day Moving Average
After a stumble in the market that brought PKST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.76% of loss for the given period.
Volatility was left at 4.38%, however, over the last 30 days, the volatility rate increased by 6.13%, as shares sank -5.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.91% upper at present.
During the last 5 trading sessions, PKST fell by -0.92%, which changed the moving average for the period of 200-days by -18.03% in comparison to the 20-day moving average, which settled at $13.75. In addition, Peakstone Realty Trust saw -29.95% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PKST
Current profitability levels for the company are sitting at:
- -0.41 for the present operating margin
- 0.5 for the gross margin
The net margin for Peakstone Realty Trust stands at -0.61. The total capital return value is set at -0.04. Equity return is now at value -12.41, with -5.09 for asset returns.
Based on Peakstone Realty Trust (PKST), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 1.28. The interest coverage ratio of the stock is -1.68.
Currently, EBITDA for the company is 157.74 million with net debt to EBITDA at -104.46. When we switch over and look at the enterprise to sales, we see a ratio of 6.32. The receivables turnover for the company is 3.68for trailing twelve months and the total asset turnover is 0.09.
Conclusion
In summary, Peakstone Realty Trust (PKST) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
