Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, CareTrust REIT Inc (NYSE: CTRE) closed at $33.71 up 1.90% from its previous closing price of $33.08. In other words, the price has increased by $1.90 from its previous closing price. On the day, 12.49 million shares were traded. CTRE stock price reached its highest trading level at $34.0 during the session, while it also had its lowest trading level at $33.135.
Ratios:
For a deeper understanding of CareTrust REIT Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.66. For the most recent quarter (mrq), Quick Ratio is recorded 6.87 and its Current Ratio is at 6.87. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.35.
On January 02, 2025, Wedbush Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $34 to $26.
BMO Capital Markets Downgraded its Outperform to Market Perform on December 09, 2024, whereas the target price for the stock was revised from $34 to $32.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 04 ’24 when Wagner William M sold 35,000 shares for $29.80 per share. The transaction valued at 1,043,000 led to the insider holds 257,439 shares of the business.
Wagner William M bought 35,000 shares of CTRE for $1,044,400 on Sep 04 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTRE now has a Market Capitalization of 7407637504 and an Enterprise Value of 7625897984. As of this moment, CareTrust’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.12, and their Forward P/E ratio for the next fiscal year is 22.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.89 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 20.422 whereas that against EBITDA is 24.332.
Stock Price History:
The Beta on a monthly basis for CTRE is 0.86, which has changed by 0.21128273 over the last 52 weeks, in comparison to a change of 0.16461086 over the same period for the S&P500. Over the past 52 weeks, CTRE has reached a high of $33.52, while it has fallen to a 52-week low of $24.79. The 50-Day Moving Average of the stock is 9.42%, while the 200-Day Moving Average is calculated to be 16.86%.
Shares Statistics:
For the past three months, CTRE has traded an average of 2.14M shares per day and 4098040 over the past ten days. A total of 199.75M shares are outstanding, with a floating share count of 199.16M. Insiders hold about 0.57% of the company’s shares, while institutions hold 93.55% stake in the company. Shares short for CTRE as of 1753920000 were 6810521 with a Short Ratio of 3.19, compared to 1751241600 on 5303991. Therefore, it implies a Short% of Shares Outstanding of 6810521 and a Short% of Float of 4.42.
Dividends & Splits
According to the company, the forward annual dividend rate for CTRE is 1.18, from 1.25 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03778718The stock’s 5-year Average Dividend Yield is 4.92.
