At the last check on Thursday, RPT Realty’s (NYSE:RPT) stock was down -$0.02, moving down -0.18 percent to $11.34. The average number of shares traded per day over the past five days has been 5,780,653 shares. 2 times new highs have been achieved over the past 5 days, with a $1.76 gain in that time frame. In the last twenty days, the average volume was 2,037,723, while in the previous 50 days, it was 1,120,815.
Since last month, RPT stock rose 5.78%. Shares of the company fell to $9.22 on 08/22/23, the lowest level in the past month. A 52-week high of $11.54 was reached on 08/28/23 after having rallying from a 52-week low of $7.28. Since the beginning of this year, RPT’s stock price has risen by 12.95% or $1.32, and marked a new high 11 times. However, the stock has declined by -1.73% since its 52-week high.
Valuation Metrics
Right now, RPT Realty (RPT) has a P/E ratio of about 15.12. The stock’s beta is 1.65. Besides these, the trailing price-to-sales (P/S) ratio of 4.71, the price-to-book (PB) ratio of 1.15, and the price-to-cash flow ratio of 13.47 may also be considered.
The latest dividend of $0.14 per share was paid out, remained unchanged from last year’s $0.14.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.01, and the total debt-to-equity ratio was 1.01. On the profitability front, the trailing twelve-month gross margin is 68.70% percent. In the year ended June 29, operating margins totaled 14.30%. Based on annual data, RPT earned $118.8 million in gross profit and brought in $217.66 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 1.70%. Return on equity (ROE) for the past 12 months was 7.70%.
In RPT Realty’s quarter-end financial report for June 29, it reported total debt of $848.69 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. RPT’s revenue fell -8.31% to $52.25 million during the quarter, while net income inched up to $51.05 million. While analysts expected RPT Realty to report -$0.02 quarterly earnings, the actual figure was -$0.02 per share. During the quarter, the company generated $25.67 million in EBITDA. The value of shareholders’ equity is $86.77 million.
Technical Picture
This quick technical analysis looks at RPT Realty’s (RPT) price momentum. With a historical volatility rate of 82.13%, the RSI 9-day stood at 75.77% on 30 August.
With respect to its five-day moving average, the current RPT Realty price is up by +18.33% percent or $1.76. At present, RPT shares trade +7.37% above its 20-day simple moving average and +22.28% percent above its 100-day simple moving average. However, the stock is currently trading approximately +16.04% above its SMA50 and +4.80% above its SMA200.
Stochastic coefficient K was 91.24% and Stochastic coefficient D was 82.40%, while ATR was 0.35. Given the Stochastic reading of 92.24% for the 14-day period, the RSI (14) reading has been calculated as 68.62%. As of today, the MACD Oscillator reading stands at 1.05, while the 14-day reading stands at 1.20.
Analyst Ratings
RPT Realty downgraded its rating on RPT Realty (NYSE: RPT) to a Hold in a note to investors on January 04, 2023. The analysts firm previously had a Buy rating on the stock.RPT Realty (RPT) has been rated Hold by analysts. According to 0 brokerage firms, RPT is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate RPT Realty stock as buy, with 0 recommending it as overweight.
With a median target price of $11.00, the current consensus forecast for the stock is $10.00 – $11.50. Based on these forecasts, analysts predict RPT Realty (RPT) will achieve an average price target of $10.88.
