For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Phillips Edison & Company Inc (NASDAQ: PECO) closed at $35.08 down -0.40% from its previous closing price of $35.22. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 1.11 million shares were traded. PECO stock price reached its highest trading level at $35.29 during the session, while it also had its lowest trading level at $34.21.
Ratios:
For a deeper understanding of Phillips Edison & Company Inc’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 618.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.55. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 1.04.
On August 28, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $34 to $37.
Mizuho Upgraded its Neutral to Buy on February 23, 2024, whereas the target price for the stock was revised from $35 to $37.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PECO now has a Market Capitalization of 4873945088 and an Enterprise Value of 6980456960. As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.71, and their Forward P/E ratio for the next fiscal year is 49.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.12 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 10.29 whereas that against EBITDA is 16.559.
Stock Price History:
The Beta on a monthly basis for PECO is 0.57, which has changed by 0.07343936 over the last 52 weeks, in comparison to a change of 0.07995045 over the same period for the S&P500. Over the past 52 weeks, PECO has reached a high of $40.12, while it has fallen to a 52-week low of $30.62. The 50-Day Moving Average of the stock is -1.66%, while the 200-Day Moving Average is calculated to be -4.30%.
Shares Statistics:
For the past three months, PECO has traded an average of 748.61K shares per day and 836620 over the past ten days. A total of 125.41M shares are outstanding, with a floating share count of 124.65M. Insiders hold about 0.57% of the company’s shares, while institutions hold 82.89% stake in the company. Shares short for PECO as of 1744675200 were 4381551 with a Short Ratio of 5.85, compared to 1741910400 on 3949978. Therefore, it implies a Short% of Shares Outstanding of 4381551 and a Short% of Float of 5.17.
Dividends & Splits
According to the company, the forward annual dividend rate for PECO is 1.21, from 1.205 in the trailing year. Against a Trailing Annual Dividend Yield of 0.034213517
