As of Friday close, Digital Realty Trust Inc.’s (NYSE:DLR) stock was down -$0.7, moving down -0.56 percent to $123.24. The average number of shares traded per day over the past five days has been 1,901,780 shares. 2 times new highs have been achieved over the past 5 days, with a -$5.51 fall in that time frame. In the last twenty days, the average volume was 2,026,825, while in the previous 50 days, it was 2,319,764.
Since last month, DLR stock retreated -2.01%. Shares of the company fell to $122.89 on 09/22/23, the lowest level in the past month. A 52-week high of $133.39 was reached on 09/01/23 after having rallying from a 52-week low of $85.76. Since the beginning of this year, DLR’s stock price has risen by 22.91% or $22.97, and marked a new high 17 times. However, the stock has declined by -7.61% since its 52-week high.
DLR stock investors should be aware that Digital Realty Trust Inc. (DLR) stock had its last reported insider trading activity 57 days ago on Jul 28. Fiedelman Cindy, the CHIEF HUMAN RESOURCES OFFICER of the company, disposed of 2,770 shares for $125.00 on Jul 28. It resulted in a $346,250 divestment by the insider. Olson Peter C. sold 700 shares at an average price of $105.67 on Jun 12. The insider now owns 7,134 shares following the transaction. On May 15, Director MANDEVILLE JEAN F H P sold 1,500 shares at $97.47 apiece. The transaction was valued at $146,205.
Valuation Metrics
Right now, Digital Realty Trust Inc. (DLR) has a P/E ratio of about 94.00. The stock’s beta is 0.56. Besides these, the trailing price-to-sales (P/S) ratio of 7.26, the price-to-book (PB) ratio of 2.16.
The latest dividend of $1.22 per share was paid out, remained unchanged from last year’s $1.22. On Thursday March 3 2022, a $0.06 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.05, and the total debt-to-equity ratio was 1.05. On the profitability front, the trailing twelve-month gross margin is 57.50% percent. In the year ended June 29, operating margins totaled 11.90%. Based on annual data, DLR earned $589.97 million in gross profit and brought in $4.69 billion 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 1.50%. Return on equity (ROE) for the past 12 months was 2.40%.
In Digital Realty Trust Inc.’s quarter-end financial report for June 29, it reported total debt of $554.59 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DLR’s revenue rose 16.61% to $1.34 billion during the quarter, while net income inched up to $1.37 billion. While analysts expected Digital Realty Trust Inc. to report $0.27 quarterly earnings, the actual figure was $0.37 per share, beating the consensus estimate by 37.00%. During the quarter, the company generated $626.33 million in EBITDA. The value of shareholders’ equity is $302.71 million.
Technical Picture
This quick technical analysis looks at Digital Realty Trust Inc.’s (DLR) price momentum. With a historical volatility rate of 18.25%, the RSI 9-day stood at 31.06% on 22 September.
With respect to its five-day moving average, the current Digital Realty Trust Inc. price is down by -4.28% percent or -$5.51. At present, DLR shares trade -3.31% below its 20-day simple moving average and +27.14% percent above its 100-day simple moving average. However, the stock is currently trading approximately +4.18% above its SMA50 and +12.90% above its SMA200.
Stochastic coefficient K was 8.77% and Stochastic coefficient D was 11.62%, while ATR was 2.72. Given the Stochastic reading of 3.77% for the 14-day period, the RSI (14) reading has been calculated as 40.41%. As of today, the MACD Oscillator reading stands at -2.32, while the 14-day reading stands at -3.50.
Analyst Ratings
Digital Realty Trust Inc. downgraded its rating on Digital Realty Trust Inc. (NYSE: DLR) to a Hold in a note to investors on August 25, 2023. The analysts firm previously had a Buy rating on the stock.Digital Realty Trust Inc. (DLR) has been rated Overweight by analysts. According to 1 brokerage firm, DLR is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Digital Realty Trust Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $131.50, the current consensus forecast for the stock is $94.00 – $144.00. Based on these forecasts, analysts predict Digital Realty Trust Inc. (DLR) will achieve an average price target of $125.17.
