Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
CareTrust REIT Inc (NYSE: CTRE) closed the day trading at $28.04 down -0.85% from the previous closing price of $28.28. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 1.3 million shares were traded. CTRE stock price reached its highest trading level at $28.4 during the session, while it also had its lowest trading level at $27.74.
Ratios:
For a better understanding of CTRE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.92. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.28.
On January 02, 2025, Wedbush Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $34 to $26.
BMO Capital Markets Downgraded its Outperform to Market Perform on December 09, 2024, whereas the target price for the stock was revised from $34 to $32.
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 Sep 04 ’24 when Wagner William M sold 35,000 shares for $29.80 per share. The transaction valued at 1,043,000 led to the insider holds 257,439 shares of the business.
Wagner William M bought 35,000 shares of CTRE for $1,044,400 on Sep 04 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTRE now has a Market Capitalization of 5374959616 and an Enterprise Value of 6191463424. As of this moment, CareTrust’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.55, and their Forward P/E ratio for the next fiscal year is 17.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.29 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 18.771 whereas that against EBITDA is 22.316.
Stock Price History:
The Beta on a monthly basis for CTRE is 0.85, which has changed by 0.12746286 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, CTRE has reached a high of $33.15, while it has fallen to a 52-week low of $24.22. The 50-Day Moving Average of the stock is -0.59%, while the 200-Day Moving Average is calculated to be -1.84%.
Shares Statistics:
Over the past 3-months, CTRE traded about 1.76M shares per day on average, while over the past 10 days, CTRE traded about 1422700 shares per day. A total of 191.69M shares are outstanding, with a floating share count of 190.41M. Insiders hold about 0.67% of the company’s shares, while institutions hold 96.27% stake in the company. Shares short for CTRE as of 1745971200 were 5133559 with a Short Ratio of 2.91, compared to 1743379200 on 6248210. Therefore, it implies a Short% of Shares Outstanding of 5133559 and a Short% of Float of 3.52.
Dividends & Splits
CTRE’s forward annual dividend rate is 1.21, up from 1.205 a year ago. Against a Trailing Annual Dividend Yield of 0.042609617The stock’s 5-year Average Dividend Yield is 4.98.
