For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Netstreit Corp (NYSE: NTST) closed the day trading at $15.72 down -0.06% from the previous closing price of $15.73. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 0.52 million shares were traded. NTST stock price reached its highest trading level at $15.74 during the session, while it also had its lowest trading level at $15.52.
Ratios:
For a better understanding of NTST, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.71. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.60.
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, Scotiabank on November 11, 2024, Upgraded its rating to Sector Outperform and sets its target price to $18 from $16 previously.
On October 14, 2024, UBS started tracking the stock assigning a Buy rating and target price of $19.
Raymond James Upgraded its Outperform to Strong Buy on August 21, 2024, whereas the target price for the stock was revised from $20 to $19.
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 Aug 19 ’24 when Donlan Daniel P bought 1,200 shares for $16.20 per share. The transaction valued at 19,440 led to the insider holds 10,910 shares of the business.
Minnis Todd sold 6,250 shares of NTST for $111,625 on May 16 ’24. The Director now owns 10,359 shares after completing the transaction at $17.86 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, NTST now has a Market Capitalization of 1289998976 and an Enterprise Value of 2045866112. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.25 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 13.199 whereas that against EBITDA is 17.458.
Stock Price History:
Over the past 52 weeks, NTST has reached a high of $18.97, while it has fallen to a 52-week low of $15.04. The 50-Day Moving Average of the stock is -1.32%, while the 200-Day Moving Average is calculated to be -5.75%.
Shares Statistics:
Over the past 3-months, NTST traded about 1.04M shares per day on average, while over the past 10 days, NTST traded about 929370 shares per day. A total of 81.58M shares are outstanding, with a floating share count of 81.15M. Insiders hold about 0.53% of the company’s shares, while institutions hold 114.91% stake in the company. Shares short for NTST as of 1731628800 were 7361646 with a Short Ratio of 7.06, compared to 1728950400 on 5774086. Therefore, it implies a Short% of Shares Outstanding of 7361646 and a Short% of Float of 11.04.
Dividends & Splits
NTST’s forward annual dividend rate is 0.83, up from 0.825 a year ago. Against a Trailing Annual Dividend Yield of 0.052447554
