Alexander & Baldwin Inc. (NYSE: ALEX) closed the day trading at $16.26 down -2.81% from the previous closing price of $16.73. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 944760 shares were traded. ALEX stock price reached its highest trading level at $16.82 during the session, while it also had its lowest trading level at $15.84.
Ratios:
For a better understanding of ALEX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 98.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.86. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.36.
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 1.21B and an Enterprise Value of 1.71B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.20 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 7.55 whereas that against EBITDA is 15.93.
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 17.87, while the 200-Day Moving Average is calculated to be 17.71.
Shares Statistics:
Over the past 3-months, ALEX traded about 303.16K shares per day on average, while over the past 10 days, ALEX traded about 270.78k shares per day. A total of 72.50M shares are outstanding, with a floating share count of 71.38M. Insiders hold about 1.59% of the company’s shares, while institutions hold 86.85% stake in the company. Shares short for ALEX as of Feb 15, 2024 were 518.67k with a Short Ratio of 1.71, compared to 474.07k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.72% and a Short% of Float of 1.13%.
Dividends & Splits
ALEX’s forward annual dividend rate is 0.88, up from 0.00 a year ago. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 5.32%.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of $0.15 for the current quarter, with a high estimate of $0.16 and a low estimate of $0.15, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.17, with high estimates of $0.17 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.66 and $0.66 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $0.74, with 2 analysts recommending between $0.77 and $0.71.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for ALEX’s current fiscal year. The highest revenue estimate was $212.4M, while the lowest revenue estimate was $188.4M, resulting in an average revenue estimate of $200.46M. In the same quarter a year ago, actual revenue was $208.9M, down -4.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $207.98M in the next fiscal year. The high estimate is $221.1M and the low estimate is $195.1M. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
