The closing price of Essential Properties Realty Trust Inc. (NYSE: EPRT) was $23.26 for the day, up 0.82% from the previous closing price of $23.07. In other words, the price has increased by $+0.19 from its previous closing price. On the day, 875331 shares were traded. EPRT stock price reached its highest trading level at $23.33 during the session, while it also had its lowest trading level at $22.99.
Ratios:
Our analysis of EPRT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 102.30. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
On August 24, 2022, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $27.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 15 when Patten Mark E bought 1,000 shares for $20.76 per share. The transaction valued at 20,760 led to the insider holds 84,453 shares of the business.
Mavoides Peter M. bought 20,000 shares of EPRT for $413,600 on Jun 13. The President and CEO now owns 459,170 shares after completing the transaction at $20.68 per share.
Valuation Measures:
As of this moment, Essential’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.73, and their Forward P/E ratio for the next fiscal year is 25.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.81 while its Price-to-Book (P/B) ratio in mrq is 1.30.
Stock Price History:
Over the past 52 weeks, EPRT has reached a high of $29.60, while it has fallen to a 52-week low of $18.88. The 50-Day Moving Average of the stock is 21.12, while the 200-Day Moving Average is calculated to be 22.88.
EPRT traded an average of 851.00K shares per day over the past three months and 736.94k shares per day over the past ten days. A total of 142.38M shares are outstanding, with a floating share count of 140.64M. Insiders hold about 0.40% of the company’s shares, while institutions hold 100.00% stake in the company. Shares short for EPRT as of Oct 13, 2022 were 2.98M with a Short Ratio of 2.35M, compared to 2.72M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.09% and a Short% of Float of 3.00%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.70, EPRT has a forward annual dividend rate of 1.10. Against a Trailing Annual Dividend Yield of 3.03%, it implies a Forward Annual Dividend Yield of 5.25%.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of $0.24 for the current quarter, with a high estimate of $0.24 and a low estimate of $0.24, while EPS last year was $0.24. The consensus estimate for the next quarter is $0.24, with high estimates of $0.24 and low estimates of $0.24.
Analysts are recommending an EPS of between $0.96 and $0.96 for the fiscal current year, implying an average EPS of $0.96. EPS for the following year is $0.98, with 1 analysts recommending between $0.98 and $0.98.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $79.59M to a low estimate of $73.42M. As of the current estimate, Essential Properties Realty Trust Inc.’s year-ago sales were $65.02M, an estimated increase of 19.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $81.93M, an increase of 16.80% less than the figure of $19.80% in the same quarter last year. There is a high estimate of $84.59M for the next quarter, whereas the lowest estimate is $76.94M.
A total of 7 analysts have provided revenue estimates for EPRT’s current fiscal year. The highest revenue estimate was $296.71M, while the lowest revenue estimate was $276M, resulting in an average revenue estimate of $289.79M. In the same quarter a year ago, actual revenue was $230.23M, up 25.90% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $349.74M in the next fiscal year. The high estimate is $364.4M and the low estimate is $330.28M. The average revenue growth estimate for next year is up 20.70% from the average revenue estimate for this year.
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Author: Nora Barnes