Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify 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
The closing price of Equity Residential Properties Trust (NYSE: EQR) was $70.01 for the day, down -1.20% from the previous closing price of $70.86. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 1.67 million shares were traded. EQR stock price reached its highest trading level at $71.4 during the session, while it also had its lowest trading level at $69.855.
Ratios:
Our analysis of EQR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 595.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.94. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.68.
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, Piper Sandler on June 28, 2024, Upgraded its rating to Overweight and sets its target price to $80 from $70 previously.
On May 13, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform but kept the price unchanged to $70.
BMO Capital Markets Upgraded its Market Perform to Outperform on April 22, 2024, whereas the target price for the stock was revised from $68 to $70.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 24 ’24 when Garechana Robert sold 6,357 shares for $69.08 per share. The transaction valued at 439,142 led to the insider holds 14,576 shares of the business.
BYNOE LINDA sold 3,241 shares of EQR for $208,169 on May 31 ’24. The Director now owns 20,112 shares after completing the transaction at $64.23 per share. On Apr 26 ’24, another insider, HABEN MARY KAY, who serves as the Director of the company, sold 3,241 shares for $65.48 each. As a result, the insider received 212,221 and left with 9,720 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EQR now has a Market Capitalization of 26531829760 and an Enterprise Value of 34528960512. As of this moment, Equity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.32, and their Forward P/E ratio for the next fiscal year is 42.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.21 while its Price-to-Book (P/B) ratio in mrq is 2.40. Its current Enterprise Value per Revenue stands at 11.908 whereas that against EBITDA is 19.294.
Stock Price History:
The Beta on a monthly basis for EQR is 0.89, which has changed by 0.06608796 over the last 52 weeks, in comparison to a change of 0.19608545 over the same period for the S&P500. Over the past 52 weeks, EQR has reached a high of $71.40, while it has fallen to a 52-week low of $52.57. The 50-Day Moving Average of the stock is 4.15%, while the 200-Day Moving Average is calculated to be 13.07%.
Shares Statistics:
EQR traded an average of 1.76M shares per day over the past three months and 1681050 shares per day over the past ten days. A total of 379.29M shares are outstanding, with a floating share count of 371.61M. Insiders hold about 1.94% of the company’s shares, while institutions hold 96.98% stake in the company. Shares short for EQR as of 1719532800 were 4751384 with a Short Ratio of 2.71, compared to 1717113600 on 5815174. Therefore, it implies a Short% of Shares Outstanding of 4751384 and a Short% of Float of 1.71.
Dividends & Splits
With its trailing 12-month dividend rate of 2.663, EQR has a forward annual dividend rate of 2.67. Against a Trailing Annual Dividend Yield of 0.037581146The stock’s 5-year Average Dividend Yield is 3.6. The current Payout Ratio is 120.59% for EQR, which recently paid a dividend on 2024-07-01 with an ex-dividend date of 1719792000. Stock splits for the company last occurred on 2001-10-12 when the company split stock in a 2:1 ratio.
