Avalonbay Communities Inc. (AVB)’s Day in Review: Closing at 223.10, Up by 0.41

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After finishing at $222.19 in the prior trading day, Avalonbay Communities Inc. (NYSE: AVB) closed at $223.10, up 0.41%. In other words, the price has increased by $0.41 from its previous closing price. On the day, 1.05 million shares were traded. AVB stock price reached its highest trading level at $223.33 during the session, while it also had its lowest trading level at $220.07.

Ratios:

Our goal is to gain a better understanding of AVB 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 41.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.51. In the meantime, Its Debt-to-Equity ratio is 0.73 whereas as Long-Term Debt/Eq ratio is at 0.68.

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, Exane BNP Paribas on September 11, 2024, initiated with a Outperform rating and assigned the stock a target price of $250.

On May 13, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform but kept the price unchanged to $202.

Morgan Stanley Upgraded its Equal-Weight to Overweight on February 26, 2024, whereas the target price for the stock was revised from $175 to $191.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 15 ’24 when Breslin Sean J. sold 4,000 shares for $215.44 per share. The transaction valued at 861,768 led to the insider holds 59,579 shares of the business.

Breslin Sean J. bought 4,000 shares of AVB for $861,768 on Aug 15 ’24. On Aug 06 ’24, another insider, Shea Keri A, who serves as the SVP-Finance and Treasurer of the company, sold 2,000 shares for $207.17 each. As a result, the insider received 414,336 and left with 4,383 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AVB now has a Market Capitalization of 31728611328 and an Enterprise Value of 39666323456. As of this moment, Avalonbay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.76, and their Forward P/E ratio for the next fiscal year is 39.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.15 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 13.867 whereas that against EBITDA is 22.495.

Stock Price History:

Over the past 52 weeks, AVB has reached a high of $236.26, while it has fallen to a 52-week low of $160.45. The 50-Day Moving Average of the stock is 1.63%, while the 200-Day Moving Average is calculated to be 13.63%.

Shares Statistics:

The stock has traded on average 725.82K shares per day over the past 3-months and 931400 shares per day over the last 10 days, according to various share statistics. A total of 142.03M shares are outstanding, with a floating share count of 141.69M. Insiders hold about 0.37% of the company’s shares, while institutions hold 92.20% stake in the company. Shares short for AVB as of 1726185600 were 3515460 with a Short Ratio of 4.84, compared to 1723680000 on 1514264. Therefore, it implies a Short% of Shares Outstanding of 3515460 and a Short% of Float of 3.4299999999999997.

Dividends & Splits

In the trailing 12 months, AVB’s forward annual dividend rate was 6.7, compared to 6.75 this year. Against a Trailing Annual Dividend Yield of 0.030154372The stock’s 5-year Average Dividend Yield is 3.39.

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