Getty Realty Corp. (GTY) Is A Stock You Should Watch

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As of Wednesday close, Getty Realty Corp.’s (NYSE:GTY) stock was down -$0.03, moving down -0.09 percent to $33.06. The average number of shares traded per day over the past five days has been 307,480 shares. 4 times new highs have been achieved over the past 5 days, with a $1.40 gain in that time frame. In the last twenty days, the average volume was 404,970, while in the previous 50 days, it was 310,678.

Since last month, GTY stock rose 10.46%. Shares of the company fell to $28.76 on 10/24/22, the lowest level in the past month. A 52-week high of $33.31 was reached on 11/11/22 after having rallying from a 52-week low of $24.66. Since the beginning of this year, GTY’s stock price has risen by 3.02% or $0.97, and marked a new high 5 times. However, the stock has declined by -0.75% since its 52-week high.


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Valuation Metrics

Right now, Getty Realty Corp. (GTY) has a P/E ratio of about 19.50. The stock’s beta is 0.91. Besides these, the trailing price-to-sales (P/S) ratio of 9.46, the price-to-book (PB) ratio of 2.05, and the price-to-cash flow ratio of 145.75 may also be considered.

The latest dividend of $0.43 per share was paid out, which is 4.88% more than last year’s $0.41. On Tuesday October 25 2022, a $0.02 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.83, and the total debt-to-equity ratio was 0.83. On the profitability front, the trailing twelve-month gross margin is 86.10% percent. In the year ended September 29, operating margins totaled 58.20%. Based on annual data, GTY earned $86.46 million in gross profit and brought in $155.41 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.20%. Return on equity (ROE) for the past 12 months was 10.60%.

In Getty Realty Corp.’s quarter-end financial report for September 29, it reported total debt of $623.44 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. GTY’s revenue rose 4.46% to $41.18 million during the quarter, while net income inched up to $41.97 million. While analysts expected Getty Realty Corp. to report $0.27 quarterly earnings, the actual figure was $0.27 per share. During the quarter, the company generated $31.75 million in EBITDA. The value of shareholders’ equity is $46.73 million.

Technical Picture

This quick technical analysis looks at Getty Realty Corp.’s (GTY) price momentum. With a historical volatility rate of 18.19%, the RSI 9-day stood at 71.18% on 23 November.

With respect to its five-day moving average, the current Getty Realty Corp. price is up by +4.42% percent or $1.40. At present, GTY shares trade +9.29% above its 20-day simple moving average and +21.77% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.60% above its SMA50 and +15.68% above its SMA200.

Stochastic coefficient K was 87.66% and Stochastic coefficient D was 75.80%, while ATR was 0.63. Given the Stochastic reading of 88.43% for the 14-day period, the RSI (14) reading has been calculated as 68.96%. As of today, the MACD Oscillator reading stands at 0.62, while the 14-day reading stands at 0.73.

Analyst Ratings

Redburn launched its rating on Getty Realty Corp. (NYSE: GTY) to a Neutral in a note to investors on August 25, 2022. Getty Realty Corp. (GTY) has been rated Overweight by analysts. According to 0 brokerage firms, GTY is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Getty Realty Corp. stock as buy, with 3 recommending it as overweight.

With a median target price of $33.00, the current consensus forecast for the stock is $30.00 – $34.00. Based on these forecasts, analysts predict Getty Realty Corp. (GTY) will achieve an average price target of $32.29.

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