The price of Alexander & Baldwin Inc. (NYSE: ALEX) closed at $15.92 in the last session, down -3.40% from day before closing price of $16.48. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 625617 shares were traded.
Ratios:
We take a closer look at ALEX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 84.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.19. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on December 12, 2023, initiated with a Buy rating and assigned the stock a target price of $20.
Piper Sandler Downgraded its Overweight to Neutral on November 14, 2022, while the target price for the stock was maintained at $20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALEX now has a Market Capitalization of 1.16B and an Enterprise Value of 1.61B. As of this moment, Alexander’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.03, and their Forward P/E ratio for the next fiscal year is 24.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.53 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 7.69 whereas that against EBITDA is 15.98.
Stock Price History:
Over the past 52 weeks, ALEX has reached a high of $19.99, while it has fallen to a 52-week low of $15.56. The 50-Day Moving Average of the stock is 17.36, while the 200-Day Moving Average is calculated to be 17.60.
Shares Statistics:
According to the various share statistics, ALEX traded on average about 315.37K shares per day over the past 3-months and 356.56k shares per day over the past 10 days. A total of 72.40M shares are outstanding, with a floating share count of 71.44M. Insiders hold about 1.59% of the company’s shares, while institutions hold 86.78% stake in the company. Shares short for ALEX as of Feb 29, 2024 were 591.32k with a Short Ratio of 1.88, compared to 545.89k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.81% and a Short% of Float of 1.29%.
Dividends & Splits
The forward annual dividend rate for ALEX is 1.10, which was 0.88 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 5.43%, it implies a Forward Annual Dividend Yield of 5.59%. The stock’s 5-year Average Dividend Yield is 3.49.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.13, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.13, with high estimates of $0.13 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.57 and $0.57 for the fiscal current year, implying an average EPS of $0.57. EPS for the following year is $0.75, with 1 analysts recommending between $0.75 and $0.75.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for ALEX’s current fiscal year. The highest revenue estimate was $206.8M, while the lowest revenue estimate was $190.7M, resulting in an average revenue estimate of $198.75M. In the same quarter a year ago, actual revenue was $208.9M, down -4.90% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $206.35M in the next fiscal year. The high estimate is $215.3M and the low estimate is $197.4M. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
