The stock price of Paramount Group Inc (NYSE: PGRE) has surged by 1.24 when compared to previous closing price of 4.85, but the company has seen a 5.36% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-26 that We generally buy on the way down and slowly increase our position size. Paramount Resources was a rare exception. The combination of the balance sheet net cash and the wildly incorrect option premiums created an unprecedented opportunity.
Is It Worth Investing in Paramount Group Inc (NYSE: PGRE) Right Now?
The 36-month beta value for PGRE is also noteworthy at 1.25. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
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The public float for PGRE is 182.90M, and at present, short sellers hold a 1.54% of that float. The average trading volume of PGRE on December 27, 2024 was 912.68K shares.
PGRE’s Market Performance
The stock of Paramount Group Inc (PGRE) has seen a 5.36% increase in the past week, with a 1.45% rise in the past month, and a -1.21% fall in the past quarter. The volatility ratio for the week is 3.45%, and the volatility levels for the past 30 days are at 3.12% for PGRE. The simple moving average for the past 20 days is 1.55% for PGRE’s stock, with a 1.61% simple moving average for the past 200 days.
Analysts’ Opinion of PGRE
Many brokerage firms have already submitted their reports for PGRE stocks, with Evercore ISI repeating the rating for PGRE by listing it as a “In-line.” The predicted price for PGRE in the upcoming period, according to Evercore ISI is $5 based on the research report published on March 18, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see PGRE reach a price target of $4, previously predicting the price at $5. The rating they have provided for PGRE stocks is “Underperform” according to the report published on November 13th, 2023.
BofA Securities gave a rating of “Neutral” to PGRE, setting the target price at $5.50 in the report published on March 01st of the previous year.
PGRE Trading at -0.80% from the 50-Day Moving Average
After a stumble in the market that brought PGRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.24% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 3.45%, as shares surge +0.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.94% lower at present.
During the last 5 trading sessions, PGRE rose by +5.36%, which changed the moving average for the period of 200-days by +5.82% in comparison to the 20-day moving average, which settled at $4.84. In addition, Paramount Group Inc saw -5.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PGRE
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.43 for the gross margin
The net margin for Paramount Group Inc stands at -0.28. The total capital return value is set at 0.02. Equity return is now at value -6.46, with -2.64 for asset returns.
Based on Paramount Group Inc (PGRE), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 1.16. The interest coverage ratio of the stock is 0.91.
Currently, EBITDA for the company is 27.54 million with net debt to EBITDA at 8.5. When we switch over and look at the enterprise to sales, we see a ratio of 5.79. The receivables turnover for the company is 2.04for trailing twelve months and the total asset turnover is 0.1.
Conclusion
In summary, Paramount Group Inc (PGRE) 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.
