Is It Worthwhile For Investors To Follow These Insider Trades On STAG Industrial Inc. (STAG)?

STAG Industrial Inc. (NYSE:STAG) finished Friday with an addition of $0.33 to close at $43.93, an upside of 0.76 percent. An average of 670,420 shares of common stock have been traded in the last five days. There was a gain of $1.19 in the past week, and it reached a new high 42 times over the past 12 months. The last 20 days have seen an average of 704,080 shares traded, while the 50-day average volume stands at 818,206.

STAG stock has increased by 7.96% in the last month. The company shares reached their 1-month lowest point of $39.10 on 10/01/21. With the stock rallying to its 52-week high on 10/22/21, shares of the company touched a low of $29.34 and a high of $43.94 in 52 weeks. It has reached a new high 51 times so far this year and achieved 40.26% or $12.61 in price. In spite of this, the price is down -0.01% from the 52-week high.


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Insider Transactions

60 days have passed since STAG Industrial Inc. (STAG) last reported insider trading activity. Butcher Benjamin S, who is Chairman, CEO and President, most recently acquired $35,000 shares at $41.14 per share on Aug 24. In this transaction, the insider spent $1,439,907. Chairman, CEO and President, Butcher Benjamin S, disposed of 16,401 shares at a price of $30.05 on Jan 08. The insider now owns more than $492,850 worth of shares. Prior to that, Chairman, CEO and President Butcher Benjamin S went on to Sale 23,268 shares at $30.04 each on Jan 07. An amount of $698,971 was transacted.

Valuation Metrics

STAG Industrial Inc. (STAG) has a trailing price-to-earnings (P/E) ratio of 39.47, which compares with the 21.25 for the broader industry and 39.54 for the sector. In the last five years, STAG Industrial Inc.’s PE ratio has ranged between 282.10 and 22.55. The stock’s beta is 0.91. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 13.76, the price-to-book (PB) ratio at 2.64, and the price-to-cash flow ratio at 130.71.

STAG Industrial Inc. pays a $1.45 dividend per share annually. It offers a dividend yield of 3.30%. The company has a payout ratio of 129.20%. The company’s most recent quarterly dividend payment was $0.1208 a share, without any change from last year. Its dividend has been increased for the last 9 consecutive yearsDividends have grown by 2.49% each year over the last three years.

Further, the company has a long term debt to equity ratio of 0.71 and a total debt to equity ratio of 0.71 for the quarter ending June 29. Its gross profit as reported stood at $131.64 million compared to revenue of $483.41 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, STAG Industrial Inc.’s return on assets was 3.70%. For the broader industry, ROE averaged 7.37 over the past year.

Earnings Surprise

For the three-month period that ended June 29, STAG Industrial Inc. had $1.03 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $32.58 million in the quarter, while revenues were grew 46.13%. The analyst consensus anticipated STAG Industrial Inc.’s latest quarter earnings to come in at $0.12 per share, but it turned out to be $0.2, a 66.70% surprise. For the quarter, EBITDA amounted to $100.31 million. At the end of the quarter ending June 29, STAG Industrial Inc.’s stock balance sheet showed total debt was $1.94 billion. Shareholders own equity worth $162.04 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at STAG Industrial Inc. (STAG) price momentum. RSI 9-day as of the close on 22 October was 77.95%, suggesting the stock is Overbought, with historical volatility in this time frame at 11.88%.

As of today, STAG’s price is $43.48 +2.78% or $1.19 from its 5-day moving average. STAG is currently trading +9.50% higher than its 20-day SMA and +19.44% higher than its 100-day SMA. However, the stock’s current price level is +5.86% above the SMA50 and +47.56% above the SMA200.

The stochastic %K and %D were 96.68% and 94.55%, respectively, and the average true range (ATR) was 0.68. With the 14-day stochastic at 98.33% and the average true range at 0.69, the RSI (14) stands at 70.80%. The stock has reached 0.71 on the 9-day MACD Oscillator while the 14-day reading was at 1.55.

Analyst Ratings

JP Morgan downgraded STAG Industrial Inc. (NYSE: STAG) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for STAG Industrial Inc. (STAG) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell STAG, while 4 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 5 others rate it as a “buy”.

What is STAG’s price target for the next 12 months?

Analysts predict a range of price targets between $35.50 and $50.00, with a median target of $45.00. Taking a look at these predictions, the average price target given by analysts for STAG Industrial Inc. (STAG) stock is $43.79.

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