Acadia Realty Trust’s (AKR) Stock: A 61.03% Annual Performance Rate

In the past week, AKR stock has gone down by -2.47%, with a monthly decline of -0.69% and a quarterly surge of 14.50%. The volatility ratio for the week is 1.62%, and the volatility levels for the last 30 days are 1.96% for Acadia Realty Trust The simple moving average for the last 20 days is -0.39% for AKR stock, with a simple moving average of 25.46% for the last 200 days.

Is It Worth Investing in Acadia Realty Trust (NYSE: AKR) Right Now?

The price-to-earnings ratio for Acadia Realty Trust (NYSE: AKR) is above average at 248.28x. The 36-month beta value for AKR is also noteworthy at 1.48. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 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 AKR is 118.82M, and at present, short sellers hold a 2.39% of that float. The average trading volume of AKR on November 15, 2024 was 955.06K shares.

AKR) stock’s latest price update

Acadia Realty Trust (NYSE: AKR)’s stock price has plunge by -0.97relation to previous closing price of 24.72. Nevertheless, the company has seen a -2.47% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-10-29 that Here is how Acadia Realty Trust (AKR) and Amalgamated Financial (AMAL) have performed compared to their sector so far this year.

Analysts’ Opinion of AKR

Many brokerage firms have already submitted their reports for AKR stocks, with Compass Point repeating the rating for AKR by listing it as a “Buy.” The predicted price for AKR in the upcoming period, according to Compass Point is $27 based on the research report published on October 10, 2024 of the current year 2024.

JP Morgan, on the other hand, stated in their research note that they expect to see AKR reach a price target of $18. The rating they have provided for AKR stocks is “Neutral” according to the report published on June 26th, 2024.

BofA Securities gave a rating of “Buy” to AKR, setting the target price at $20 in the report published on April 05th of the current year.

AKR Trading at 3.35% from the 50-Day Moving Average

After a stumble in the market that brought AKR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.30% of loss for the given period.

Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares surge +0.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.27% upper at present.

During the last 5 trading sessions, AKR fell by -2.47%, which changed the moving average for the period of 200-days by +43.49% in comparison to the 20-day moving average, which settled at $24.58. In addition, Acadia Realty Trust saw 44.08% 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 AKR starting from Gottfried John J., who sale 12,500 shares at the price of $16.89 back on May 03 ’24. After this action, Gottfried John J. now owns 7,600 shares of Acadia Realty Trust, valued at $211,141 using the latest closing price.

Hartmann Richard, the Sr. VP of Acadia Realty Trust, sale 25,000 shares at $17.10 during a trade that took place back on May 03 ’24, which means that Hartmann Richard is holding 0 shares at $427,622 based on the most recent closing price.

Stock Fundamentals for AKR

Current profitability levels for the company are sitting at:

  • 0.21 for the present operating margin
  • 0.41 for the gross margin

The net margin for Acadia Realty Trust stands at 0.03. The total capital return value is set at 0.02. Equity return is now at value 0.59, with 0.25 for asset returns.

Based on Acadia Realty Trust (AKR), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 0.79.

Currently, EBITDA for the company is 182.06 million with net debt to EBITDA at 7.29. When we switch over and look at the enterprise to sales, we see a ratio of 12.33. The receivables turnover for the company is 1.67for trailing twelve months and the total asset turnover is 0.09.

Conclusion

In summary, Acadia Realty Trust (AKR) 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 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