Analysts Issue Research Notes On STAG Industrial Inc. (STAG)

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STAG Industrial Inc. (NYSE:STAG) finished Wednesday with a subtraction of -$0.47 to close at $30.17, a downside of -1.53 percent. An average of 2,210,760 shares of common stock have been traded in the last five days. There was a fall of -$0.58 in the past week, and it reached a new high 19 times over the past 12 months. The last 20 days have seen an average of 1,344,815 shares traded, while the 50-day average volume stands at 1,265,538.

STAG stock has decreased by -8.35% in the last month. The company shares reached their 1-month lowest point of $30.13 on 09/06/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $29.43 and a high of $48.27 in 52 weeks. It has reached a new high 1 time so far this year and lost -37.09% or -$17.79 in price. In spite of this, the price is down -37.50% from the 52-week high.


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Insider Transactions

175 days have passed since STAG Industrial Inc. (STAG) last reported insider trading activity. Butcher Benjamin S, who is Chairman and CEO, most recently acquired $15,000 shares at $41.98 per share on Mar 31. In this transaction, the insider spent $629,654. Chairman and CEO, Butcher Benjamin S, disposed of 10,000 shares at a price of $39.66 on Mar 07. The insider now owns more than $396,576 worth of shares. Prior to that, Chairman and CEO Butcher Benjamin S went on to Sale 15,000 shares at $40.03 each on Mar 04. An amount of $600,411 was transacted.

Valuation Metrics

STAG Industrial Inc. (STAG) has a trailing price-to-earnings (P/E) ratio of 23.77. The stock’s beta is 0.98. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 8.88, the price-to-book (PB) ratio at 1.60, and the price-to-cash flow ratio at 43.77.

The company has a payout ratio of 133.30%. The company’s most recent quarterly dividend payment was $0.1217 a share, without any change from last year. Its latest decrease dividend $0.0003 reported on Thursday July 14 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.72 and a total debt to equity ratio of 0.72 for the quarter ending June 29. Its gross profit as reported stood at $163.97 million compared to revenue of $562.16 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 3.80%.

Earnings Surprise

For the three-month period that ended June 29, STAG Industrial Inc. had $1.02 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 $32.32 million in the quarter, while revenues of $52.76 million were shrunk -0.8%. The analyst consensus anticipated STAG Industrial Inc.’s latest quarter earnings to come in at $0.16 per share, but it turned out to be $0.18, a 12.50% surprise. For the quarter, EBITDA amounted to $119.83 million. At the end of the quarter ending June 29, STAG Industrial Inc.’s stock balance sheet showed total debt was $2.47 billion. Shareholders own equity worth $179.22 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 21 September was 33.68%, suggesting the stock is Neutral, with historical volatility in this time frame at 31.20%.

As of today, STAG’s price is $30.77 -1.89% or -$0.58 from its 5-day moving average. STAG is currently trading -6.77% lower than its 20-day SMA and -25.38% lower than its 100-day SMA. However, the stock’s current price level is +0.94% above the SMA50 and -30.56% below the SMA200.

The stochastic %K and %D were 20.11% and 28.75%, respectively, and the average true range (ATR) was 0.82. With the 14-day stochastic at 1.65% and the average true range at 0.78, the RSI (14) stands at 37.24%. The stock has reached -0.50 on the 9-day MACD Oscillator while the 14-day reading was at -0.39.

Analyst Ratings

Robert W. Baird upgraded STAG Industrial Inc. (NYSE: STAG) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Neutral.

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