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After finishing at $34.35 in the prior trading day, Phillips Edison & Company Inc (NASDAQ: PECO) closed at $34.14, down -0.61%. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 0.81 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PECO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 601.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.98. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 1.04.
On August 28, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $34 to $37.
Mizuho Upgraded its Neutral to Buy on February 23, 2024, whereas the target price for the stock was revised from $35 to $37.
Valuation Measures:
As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.03, and their Forward P/E ratio for the next fiscal year is 48.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.92 while its Price-to-Book (P/B) ratio in mrq is 1.85.
Stock Price History:
Over the past 52 weeks, PECO has reached a high of $40.12, while it has fallen to a 52-week low of $30.62. The 50-Day Moving Average of the stock is -3.56%, while the 200-Day Moving Average is calculated to be -7.08%.
Shares Statistics:
A total of 125.41M shares are outstanding, with a floating share count of 124.65M. Insiders hold about 0.60% of the company’s shares, while institutions hold 84.61% stake in the company.
Earnings Estimates
The stock of Phillips Edison & Company Inc (PECO) is currently drawing attention from 1.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.16, with high estimates of $0.16 and low estimates of $0.16.
Analysts are recommending an EPS of between $0.7 and $0.7 for the fiscal current year, implying an average EPS of $0.7. EPS for the following year is $0.76, with 1.0 analysts recommending between $0.76 and $0.76.
Revenue Estimates
5 analysts predict $174.86M in revenue for the current quarter. It ranges from a high estimate of $178.05M to a low estimate of $171.97M. As of the current estimate, Phillips Edison & Company Inc’s year-ago sales were $161.51MFor the next quarter, 5 analysts are estimating revenue of $176.53M. There is a high estimate of $180.66M for the next quarter, whereas the lowest estimate is $171.7M.
A total of 6 analysts have provided revenue estimates for PECO’s current fiscal year. The highest revenue estimate was $721.47M, while the lowest revenue estimate was $691.07M, resulting in an average revenue estimate of $709.68M. In the same quarter a year ago, actual revenue was $661.39MBased on 6 analysts’ estimates, the company’s revenue will be $751.05M in the next fiscal year. The high estimate is $781.42M and the low estimate is $721.51M.
