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
After finishing at $15.20 in the prior trading day, Retail Opportunity Investments Corp (NASDAQ: ROIC) closed at $15.16, down -0.26%. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 0.65 million shares were traded. ROIC stock price reached its highest trading level at $15.35 during the session, while it also had its lowest trading level at $15.13.
Ratios:
Our goal is to gain a better understanding of ROIC 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 915.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.01. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on April 05, 2024, Downgraded its rating to Underperform and sets its target price to $12 from $14.50 previously.
On January 05, 2024, KeyBanc Capital Markets Upgraded its rating to Overweight which previously was Sector Weight but kept the price unchanged to $16.
BofA Securities Downgraded its Buy to Neutral on November 06, 2023, whereas the target price for the stock was revised from $15 to $13.
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 Oct 30 ’23 when Indiveri Michael J. bought 1,500 shares for $11.16 per share. The transaction valued at 16,740 led to the insider holds 9,900 shares of the business.
POMERANTZ LAURA H sold 4,000 shares of ROIC for $53,820 on Aug 31 ’23. The Director now owns 51,557 shares after completing the transaction at $13.46 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ROIC now has a Market Capitalization of 1937311488 and an Enterprise Value of 3462627072. As of this moment, Retail’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.65, and their Forward P/E ratio for the next fiscal year is 49.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.77 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 10.335 whereas that against EBITDA is 16.806.
Stock Price History:
Over the past 52 weeks, ROIC has reached a high of $15.75, while it has fallen to a 52-week low of $10.98. The 50-Day Moving Average of the stock is 13.34%, while the 200-Day Moving Average is calculated to be 16.23%.
Shares Statistics:
The stock has traded on average 1.22M shares per day over the past 3-months and 824140 shares per day over the last 10 days, according to various share statistics. A total of 126.90M shares are outstanding, with a floating share count of 123.06M. Insiders hold about 3.45% of the company’s shares, while institutions hold 100.87% stake in the company. Shares short for ROIC as of 1722384000 were 2573749 with a Short Ratio of 2.11, compared to 1719532800 on 2644577. Therefore, it implies a Short% of Shares Outstanding of 2573749 and a Short% of Float of 3.19.
Dividends & Splits
In the trailing 12 months, ROIC’s forward annual dividend rate was 0.6, compared to 0.60 this year. Against a Trailing Annual Dividend Yield of 0.039473686The stock’s 5-year Average Dividend Yield is 3.82.
