Market Watch: Equity Lifestyle Properties Inc. (ELS)’s Noteworthy Drop, Closing at 63.38

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

As of close of business last night, Equity Lifestyle Properties Inc.’s stock clocked out at $63.38, down -0.92% from its previous closing price of $63.97. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 0.56 million shares were traded. ELS stock price reached its highest trading level at $64.33 during the session, while it also had its lowest trading level at $63.6.

Ratios:

To gain a deeper understanding of ELS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 250.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.75. In the meantime, Its Debt-to-Equity ratio is 2.42 whereas as Long-Term Debt/Eq ratio is at 2.42.

On January 30, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $64.

Truist Downgraded its Buy to Hold on January 16, 2024, whereas the target price for the stock was revised from $70 to $73.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ELS now has a Market Capitalization of 12440222720 and an Enterprise Value of 15418250240. As of this moment, Equity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.56, and their Forward P/E ratio for the next fiscal year is 34.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.75 while its Price-to-Book (P/B) ratio in mrq is 8.16. Its current Enterprise Value per Revenue stands at 10.224 whereas that against EBITDA is 22.604.

Stock Price History:

The Beta on a monthly basis for ELS is 0.78, which has changed by -0.042601228 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, ELS has reached a high of $74.04, while it has fallen to a 52-week low of $59.82. The 50-Day Moving Average of the stock is 0.82%, while the 200-Day Moving Average is calculated to be -3.85%.

Shares Statistics:

It appears that ELS traded 1.31M shares on average per day over the past three months and 1424380 shares per day over the past ten days. A total of 186.43M shares are outstanding, with a floating share count of 178.13M. Insiders hold about 4.49% of the company’s shares, while institutions hold 96.84% stake in the company. Shares short for ELS as of 1718323200 were 3286176 with a Short Ratio of 2.51, compared to 1715731200 on 3116452. Therefore, it implies a Short% of Shares Outstanding of 3286176 and a Short% of Float of 2.42.

Dividends & Splits

With its trailing 12-month dividend rate of 1.82, ELS has a forward annual dividend rate of 1.85. Against a Trailing Annual Dividend Yield of 0.028450837The stock’s 5-year Average Dividend Yield is 2.18. The current Payout Ratio is 106.11% for ELS, which recently paid a dividend on 2024-06-28 with an ex-dividend date of 1719532800. Stock splits for the company last occurred on 2019-10-16 when the company split stock in a 2:1 ratio.

Earnings Estimates

At present, 5.0 analysts are actively evaluating the performance of Equity Lifestyle Properties Inc. (ELS) in the stock market.On average, analysts expect EPS of $0.36 for the current quarter, with a high estimate of $0.38 and a low estimate of $0.34, while EPS last year was $0.34. The consensus estimate for the next quarter is $0.43, with high estimates of $0.44 and low estimates of $0.41.

Analysts are recommending an EPS of between $1.87 and $1.68 for the fiscal current year, implying an average EPS of $1.78. EPS for the following year is $1.86, with 5.0 analysts recommending between $1.9 and $1.83.

Revenue Estimates

In the current quarter, 6 analysts expect revenue to total $376.94M. It ranges from a high estimate of $385M to a low estimate of $364M. As of the current estimate, Equity Lifestyle Properties Inc.’s year-ago sales were $370MFor the next quarter, 6 analysts are estimating revenue of $400.89M. There is a high estimate of $409.63M for the next quarter, whereas the lowest estimate is $387M.

A total of 8 analysts have provided revenue estimates for ELS’s current fiscal year. The highest revenue estimate was $1.56B, while the lowest revenue estimate was $1.48B, resulting in an average revenue estimate of $1.54B. In the same quarter a year ago, actual revenue was $1.49BBased on 7 analysts’ estimates, the company’s revenue will be $1.6B in the next fiscal year. The high estimate is $1.63B and the low estimate is $1.55B.

Most Popular