Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $15.36 in the prior trading day, Broadstone Net Lease Inc (NYSE: BNL) closed at $14.90, down -2.99%. In other words, the price has decreased by -$2.99 from its previous closing price. On the day, 2.46 million shares were traded. BNL stock price reached its highest trading level at $15.4 during the session, while it also had its lowest trading level at $14.49.
Ratios:
Our goal is to gain a better understanding of BNL 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 189.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.86. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.65.
On November 14, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $18.
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 May 14 ’24 when Wiegel Molly sold 6,320 shares for $15.48 per share. The transaction valued at 97,838 led to the insider holds 56,680 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BNL now has a Market Capitalization of 3036634624 and an Enterprise Value of 5054687232. As of this moment, Broadstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.48, and their Forward P/E ratio for the next fiscal year is 19.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.42 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 11.706 whereas that against EBITDA is 13.847.
Stock Price History:
The Beta on a monthly basis for BNL is 1.07, which has changed by 0.015678287 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, BNL has reached a high of $19.15, while it has fallen to a 52-week low of $13.96. The 50-Day Moving Average of the stock is -8.79%, while the 200-Day Moving Average is calculated to be -12.45%.
Shares Statistics:
The stock has traded on average 1.36M shares per day over the past 3-months and 1996320 shares per day over the last 10 days, according to various share statistics. A total of 188.63M shares are outstanding, with a floating share count of 187.08M. Insiders hold about 1.04% of the company’s shares, while institutions hold 84.11% stake in the company. Shares short for BNL as of 1741910400 were 4975850 with a Short Ratio of 3.74, compared to 1739491200 on 4252751. Therefore, it implies a Short% of Shares Outstanding of 4975850 and a Short% of Float of 3.55.
Dividends & Splits
In the trailing 12 months, BNL’s forward annual dividend rate was 1.155, compared to 1.16 this year. Against a Trailing Annual Dividend Yield of 0.07519531
