As of Friday close, Essential Properties Realty Trust Inc.’s (NYSE:EPRT) stock was up $0.13, moving up 0.56 percent to $23.49. The average number of shares traded per day over the past five days has been 870,160 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.55 fall in that time frame. In the last twenty days, the average volume was 949,955, while in the previous 50 days, it was 1,034,984.
Since last month, EPRT stock retreated -8.21%. Shares of the company fell to $23.15 on 08/18/23, the lowest level in the past month. A 52-week high of $26.43 was reached on 02/28/23 after having rallying from a 52-week low of $18.88. Since the beginning of this year, EPRT’s stock price has risen by 0.09% or $0.02, and marked a new high 12 times. However, the stock has declined by -11.12% since its 52-week high.
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Valuation Metrics
Right now, Essential Properties Realty Trust Inc. (EPRT) has a P/E ratio of about 20.41. The stock’s beta is 1.26. Besides these, the trailing price-to-sales (P/S) ratio of 11.63, the price-to-book (PB) ratio of 1.26.
The latest dividend of $0.28 per share was paid out, which is 1.82% more than last year’s $0.2750. On Monday June 12 2023, a $0.0050 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.51, and the total debt-to-equity ratio was 0.51. On the profitability front, the trailing twelve-month gross margin is 98.90% percent. In the year ended June 29, operating margins totaled 67.10%. Based on annual data, EPRT earned $175.42 million in gross profit and brought in $286.51 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 4.40%. Return on equity (ROE) for the past 12 months was 6.40%.
In Essential Properties Realty Trust Inc.’s quarter-end financial report for June 29, it reported total debt of $1.03 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. EPRT’s revenue rose 17.42% to $83.69 million during the quarter, while net income inched up to $86.52 million. While analysts expected Essential Properties Realty Trust Inc. to report $0.25 quarterly earnings, the actual figure was $0.35 per share. During the quarter, the company generated $91.11 million in EBITDA. The value of shareholders’ equity is $156.01 million.
Technical Picture
This quick technical analysis looks at Essential Properties Realty Trust Inc.’s (EPRT) price momentum. With a historical volatility rate of 8.24%, the RSI 9-day stood at 34.94% on 18 August.
With respect to its five-day moving average, the current Essential Properties Realty Trust Inc. price is down by -2.29% percent or -$0.55. At present, EPRT shares trade -8.42% below its 20-day simple moving average and -1.34% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.74% below its SMA50 and +9.15% above its SMA200.
Stochastic coefficient K was 8.81% and Stochastic coefficient D was 6.84%, while ATR was 0.43. Given the Stochastic reading of 22.97% for the 14-day period, the RSI (14) reading has been calculated as 39.07%. As of today, the MACD Oscillator reading stands at -0.36, while the 14-day reading stands at -0.44.
Analyst Ratings
Exane BNP Paribas launched its rating on Essential Properties Realty Trust Inc. (NYSE: EPRT) to an Outperform in a note to investors on June 14, 2023. Essential Properties Realty Trust Inc. (EPRT) has been rated Overweight by analysts. According to 0 brokerage firms, EPRT is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Essential Properties Realty Trust Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $28.00, the current consensus forecast for the stock is $25.00 – $36.00. Based on these forecasts, analysts predict Essential Properties Realty Trust Inc. (EPRT) will achieve an average price target of $28.30.
