As of Thursday close, Essential Properties Realty Trust Inc.’s (NYSE:EPRT) stock was down -$0.85, moving down -3.62 percent to $22.63. The average number of shares traded per day over the past five days has been 1,807,480 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.09 fall in that time frame. In the last twenty days, the average volume was 1,181,180, while in the previous 50 days, it was 1,031,830.
Since last month, EPRT stock retreated -3.87%. Shares of the company fell to $22.61 on 09/21/23, 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 dropped by -3.58% or -$0.84, and marked a new high 12 times. However, the stock has declined by -14.38% 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 19.66. The stock’s beta is 1.26. Besides these, the trailing price-to-sales (P/S) ratio of 11.36, the price-to-book (PB) ratio of 1.22.
The latest dividend of $0.28 per share was paid out, remained unchanged from last year’s $0.28.
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 21.76%, the RSI 9-day stood at 27.85% on 21 September.
With respect to its five-day moving average, the current Essential Properties Realty Trust Inc. price is down by -4.60% percent or -$1.09. At present, EPRT shares trade -4.51% below its 20-day simple moving average and -8.57% percent below its 100-day simple moving average. However, the stock is currently trading approximately -6.26% below its SMA50 and -3.91% below its SMA200.
Stochastic coefficient K was 16.60% and Stochastic coefficient D was 16.02%, while ATR was 0.43. Given the Stochastic reading of 1.23% for the 14-day period, the RSI (14) reading has been calculated as 32.76%. As of today, the MACD Oscillator reading stands at -0.25, while the 14-day reading stands at -0.38.
Analyst Ratings
Wells Fargo launched its rating on Essential Properties Realty Trust Inc. (NYSE: EPRT) to an Overweight in a note to investors on Sep-22-23. Essential Properties Realty Trust Inc. (EPRT) has been rated Buy 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 0 analysts rate Essential Properties Realty Trust Inc. stock as buy, with 8 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.
