Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $16.09 in the prior trading day, Broadstone Net Lease Inc (NYSE: BNL) closed at $15.94, down -0.93%. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 0.74 million shares were traded. BNL stock price reached its highest trading level at $16.14 during the session, while it also had its lowest trading level at $15.89.
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 202.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.61. 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 3151289856 and an Enterprise Value of 5009375744. As of this moment, Broadstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.70, and their Forward P/E ratio for the next fiscal year is 21.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.87 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 11.601 whereas that against EBITDA is 13.723.
Stock Price History:
The Beta on a monthly basis for BNL is 1.06, which has changed by 0.112351656 over the last 52 weeks, in comparison to a change of 0.07545352 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 -2.66%, while the 200-Day Moving Average is calculated to be -6.38%.
Shares Statistics:
The stock has traded on average 1.42M shares per day over the past 3-months and 1241360 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 187.07M. Insiders hold about 1.05% of the company’s shares, while institutions hold 84.27% stake in the company. Shares short for BNL as of 1743379200 were 5081121 with a Short Ratio of 3.58, compared to 1740700800 on 4716207. Therefore, it implies a Short% of Shares Outstanding of 5081121 and a Short% of Float of 3.6199997999999995.
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 0.071783714
