Quarterly Metrics: Quick and Current Ratios for Retail Opportunity Investments Corp (ROIC)

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As of close of business last night, Retail Opportunity Investments Corp’s stock clocked out at $15.23, up 0.59% from its previous closing price of $15.14. In other words, the price has increased by $0.59 from its previous closing price. On the day, 0.88 million shares were traded. ROIC stock price reached its highest trading level at $15.26 during the session, while it also had its lowest trading level at $15.14.

Ratios:

To gain a deeper understanding of ROIC’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 919.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.08. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1941124352 and an Enterprise Value of 3460077824. As of this moment, Retail’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.91, and their Forward P/E ratio for the next fiscal year is 50.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.79 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 10.327 whereas that against EBITDA is 16.793.

Stock Price History:

The Beta on a monthly basis for ROIC is 1.46, which has changed by 0.12816691 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. 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 14.77%, while the 200-Day Moving Average is calculated to be 17.12%.

Shares Statistics:

It appears that ROIC traded 1.21M shares on average per day over the past three months and 1193530 shares per day over the past ten days. A total of 126.90M shares are outstanding, with a floating share count of 123.29M. Insiders hold about 3.27% of the company’s shares, while institutions hold 99.87% stake in the company. Shares short for ROIC as of 1722384000 were 2573749 with a Short Ratio of 2.12, 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

With its trailing 12-month dividend rate of 0.6, ROIC has a forward annual dividend rate of 0.60. Against a Trailing Annual Dividend Yield of 0.03963012The stock’s 5-year Average Dividend Yield is 3.82.

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