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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Agree Realty Corp. (NYSE: ADC) closed at $73.26 down -0.64% from its previous closing price of $73.73. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 0.8 million shares were traded. ADC stock price reached its highest trading level at $74.22 during the session, while it also had its lowest trading level at $72.71.
Ratios:
For a deeper understanding of Agree Realty Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 303.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.41. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.53.
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, UBS on May 31, 2024, initiated with a Neutral rating and assigned the stock a target price of $60.
On February 13, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $69.
JMP Securities Upgraded its Mkt Perform to Mkt Outperform on January 22, 2024, while the target price for the stock was maintained at $71.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 23 ’24 when RAKOLTA JOHN JR bought 20,000 shares for $59.32 per share. The transaction valued at 1,186,400 led to the insider holds 436,011 shares of the business.
Lehmkuhl Greg bought 1,000 shares of ADC for $58,990 on May 23 ’24. The Director now owns 23,036 shares after completing the transaction at $58.99 per share. On Mar 14 ’24, another insider, Breslin Stephen, who serves as the CHIEF ACCOUNTING OFFICER of the company, bought 450 shares for $55.33 each. As a result, the insider paid 24,898 and bolstered with 10,441 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, ADC now has a Market Capitalization of 7397209088 and an Enterprise Value of 10206359552. As of this moment, Agree’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.77, and their Forward P/E ratio for the next fiscal year is 39.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.64 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 17.506 whereas that against EBITDA is 22.674.
Stock Price History:
Over the past 52 weeks, ADC has reached a high of $77.30, while it has fallen to a 52-week low of $52.69. The 50-Day Moving Average of the stock is -0.61%, while the 200-Day Moving Average is calculated to be 15.63%.
Shares Statistics:
For the past three months, ADC has traded an average of 1.01M shares per day and 888390 over the past ten days. A total of 100.52M shares are outstanding, with a floating share count of 98.79M. Insiders hold about 1.83% of the company’s shares, while institutions hold 105.40% stake in the company. Shares short for ADC as of 1727654400 were 8808095 with a Short Ratio of 8.76, compared to 1724976000 on 10322724. Therefore, it implies a Short% of Shares Outstanding of 8808095 and a Short% of Float of 12.24.
Dividends & Splits
According to the company, the forward annual dividend rate for ADC is 2.98, from 2.961 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04016004The stock’s 5-year Average Dividend Yield is 4.03.
