Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $61.83 in the prior trading day, SL Green Realty Corp (NYSE: SLG) closed at $59.81, down -3.27%. In other words, the price has decreased by -$3.27 from its previous closing price. On the day, 0.94 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SLG 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 13.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.03. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.13.
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, JP Morgan on December 10, 2024, Upgraded its rating to Neutral and sets its target price to $80 from $51 previously.
On September 18, 2024, Compass Point Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $35 to $60.
Evercore ISI Upgraded its Underperform to In-line on September 16, 2024, whereas the target price for the stock was revised from $55 to $66.
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 Jan 24 ’25 when HATKOFF CRAIG M sold 3,455 shares for $66.30 per share. The transaction valued at 229,066 led to the insider holds 2,052 shares of the business.
HATKOFF CRAIG M bought 3,455 shares of SLG for $228,753 on Jan 24 ’25. On Nov 25 ’24, another insider, LEVINE ANDREW S, who serves as the CHIEF LEGAL OFFICER & GC of the company, sold 45,785 shares for $79.69 each. As a result, the insider received 3,648,463 and left with 8,104 shares of the company.
Valuation Measures:
As of this moment, SL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1240.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 1.14.
Stock Price History:
Over the past 52 weeks, SLG has reached a high of $82.81, while it has fallen to a 52-week low of $47.22. The 50-Day Moving Average of the stock is -8.38%, while the 200-Day Moving Average is calculated to be -9.35%.
Shares Statistics:
A total of 71.10M shares are outstanding, with a floating share count of 70.94M. Insiders hold about 6.05% of the company’s shares, while institutions hold 84.36% stake in the company.
