At the last check on Friday, STAG Industrial Inc.’s (NYSE:STAG) stock was up $0.24, moving up 0.66 percent to $36.77. The average number of shares traded per day over the past five days has been 769,860 shares. 1 time new highs have been achieved over the past 5 days, with a $0.27 gain in that time frame. In the last twenty days, the average volume was 939,195, while in the previous 50 days, it was 1,566,068.
Since last month, STAG stock rose 3.26%. Shares of the company fell to $34.56 on 08/21/23, the lowest level in the past month. A 52-week high of $38.83 was reached on 07/27/23 after having rallying from a 52-week low of $26.56. Since the beginning of this year, STAG’s stock price has risen by 13.80% or $4.34, and marked a new high 17 times. However, the stock has declined by -5.31% since its 52-week high.
STAG stock investors should be aware that STAG Industrial Inc. (STAG) stock had its last reported insider trading activity 32 days ago on Jul 31. Butcher Benjamin S, the Director of the company, disposed of 30,000 shares for $36.47 on Jul 31. It resulted in a $1,094,040 divestment by the insider. Butcher Benjamin S sold 31,780 shares at an average price of $34.90 on May 03. The insider now owns 7,088 shares following the transaction. On May 02, EXECUTIVE CHAIR Butcher Benjamin S sold 3,220 shares at $35.02 apiece. The transaction was valued at $112,755.
Valuation Metrics
Right now, STAG Industrial Inc. (STAG) has a P/E ratio of about 34.01. The stock’s beta is 1.00. Besides these, the trailing price-to-sales (P/S) ratio of 9.59, the price-to-book (PB) ratio of 1.96, and the price-to-cash flow ratio of 76.41 may also be considered.
The latest dividend of $0.1225 per share was paid out, remained unchanged from last year’s $0.1225.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.72, and the total debt-to-equity ratio was 0.72. On the profitability front, the trailing twelve-month gross margin is 80.80% percent. In the year ended June 29, operating margins totaled 31.70%. Based on annual data, STAG earned $203.5 million in gross profit and brought in $657.35 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 3.40%. Return on equity (ROE) for the past 12 months was 5.70%.
In STAG Industrial 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 lower net income in the recent quarter than it did in the previous quarter. STAG’s revenue rose 5.94% to $173.55 million during the quarter, while net income inched up to $171.69 million. While analysts expected STAG Industrial Inc. to report $0.17 quarterly earnings, the actual figure was $0.29 per share, beating the consensus estimate by 70.60%. During the quarter, the company generated $126.54 million in EBITDA. The value of shareholders’ equity is $179.66 million.
Technical Picture
This quick technical analysis looks at STAG Industrial Inc.’s (STAG) price momentum. With a historical volatility rate of 14.90%, the RSI 9-day stood at 58.72% on 31 August.
With respect to its five-day moving average, the current STAG Industrial Inc. price is up by +0.74% percent or $0.27. At present, STAG shares trade +2.00% above its 20-day simple moving average and +12.70% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.71% above its SMA50 and +12.77% above its SMA200.
Stochastic coefficient K was 82.09% and Stochastic coefficient D was 85.01%, while ATR was 0.57. Given the Stochastic reading of 81.96% for the 14-day period, the RSI (14) reading has been calculated as 55.32%. As of today, the MACD Oscillator reading stands at 0.24, while the 14-day reading stands at 0.70.
Analyst Ratings
BMO Capital Markets launched its rating on STAG Industrial Inc. (NYSE: STAG) to an Outperform in a note to investors on February 06, 2023. STAG Industrial Inc. (STAG) has been rated Overweight by analysts. According to 0 brokerage firms, STAG is a sell, and 3 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate STAG Industrial Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $39.50, the current consensus forecast for the stock is $36.00 – $42.00. Based on these forecasts, analysts predict STAG Industrial Inc. (STAG) will achieve an average price target of $39.30.
