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After finishing at $35.79 in the prior trading day, Phillips Edison & Company Inc (NASDAQ: PECO) closed at $35.22, down -1.59%. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 1.12 million shares were traded. PECO stock price reached its highest trading level at $35.79 during the session, while it also had its lowest trading level at $35.17.
Ratios:
Our goal is to gain a better understanding of PECO 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 563.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.19. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.95.
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 4873955328 and an Enterprise Value of 6832983040. As of this moment, Phillips’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.18, and their Forward P/E ratio for the next fiscal year is 49.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.31 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 10.331 whereas that against EBITDA is 16.626.
Stock Price History:
The Beta on a monthly basis for PECO is 0.57, which has changed by 0.08003676 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, 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 -1.38%, while the 200-Day Moving Average is calculated to be -3.88%.
Shares Statistics:
The stock has traded on average 738.18K shares per day over the past 3-months and 835490 shares per day over the last 10 days, according to various share statistics. A total of 125.12M 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 1743379200 were 3313573 with a Short Ratio of 4.49, compared to 1740700800 on 3166984. Therefore, it implies a Short% of Shares Outstanding of 3313573 and a Short% of Float of 3.9100002000000003.
Dividends & Splits
In the trailing 12 months, PECO’s forward annual dividend rate was 1.19, compared to 1.21 this year. Against a Trailing Annual Dividend Yield of 0.033249512
