For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $9.89 in the prior trading day, Farmland Partners Inc (NYSE: FPI) closed at $9.87, down -0.20%. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 0.58 million shares were traded.
Ratios:
Our goal is to gain a better understanding of FPI 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 5.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.47. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.37.
On June 21, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $16.ROTH Capital initiated its Buy rating on June 21, 2022, with a $16 target price.
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 Dec 19 ’24 when Good John A bought 15,000 shares for $12.23 per share. The transaction valued at 183,516 led to the insider holds 101,465 shares of the business.
Good John A bought 24,000 shares of FPI for $243,574 on Aug 07 ’24. The Director now owns 86,465 shares after completing the transaction at $10.15 per share. On Aug 05 ’24, another insider, Fabbri Luca, who serves as the President and CEO of the company, bought 1,000 shares for $10.00 each. As a result, the insider paid 10,000 and bolstered with 321,344 shares of the company.
Valuation Measures:
As of this moment, Farmland’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.79, and their Forward P/E ratio for the next fiscal year is 84.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.00 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, FPI has reached a high of $12.87, while it has fallen to a 52-week low of $8.79. The 50-Day Moving Average of the stock is -10.37%, while the 200-Day Moving Average is calculated to be -6.61%.
Shares Statistics:
A total of 45.93M shares are outstanding, with a floating share count of 41.21M. Insiders hold about 10.40% of the company’s shares, while institutions hold 63.75% stake in the company.
