Four Corners Property Trust Inc [FCPT] stock is trading at $24.67, up 2.03%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FCPT shares have gain 4.36% over the last week, with a monthly amount glided 5.38%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 14, February 2024, FCPT Announces Fourth Quarter 2023 Financial and Operating Results. In a post published today on Yahoo Finance, Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three months and twelve months ended December 31, 2023.
From an analyst’s perspective:
Four Corners Property Trust Inc [NYSE: FCPT] stock has seen the most recent analyst activity on September 21, 2023, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $28. Previously, Evercore ISI downgraded its rating to In-line on November 21, 2022, and kept the price target unchanged to $28. Berenberg downgraded its rating to a Hold and decreased its price target to $30 on August 02, 2022. Janney downgraded its rating to a Neutral but $30 remained the price target by the analyst firm on August 01, 2022. Credit Suisse started tracking with a Neutral rating for this stock on June 23, 2022, and assigned it a price target of $26. In a note dated August 18, 2021, Raymond James downgraded an Outperform rating on this stock and revised its target price from $34 to $30.
Four Corners Property Trust Inc [FCPT] stock has fluctuated between $20.51 and $27.99 over the past year. Four Corners Property Trust Inc [NYSE: FCPT] shares were valued at $24.67 at the most recent close of the market.
Analyzing the FCPT fundamentals
Four Corners Property Trust Inc [NYSE:FCPT] reported sales of 250.62M for the trailing twelve months, which represents a growth of 13.56%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.52%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.38%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.10 points at the first support level, and at 23.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.96, and for the 2nd resistance point, it is at 25.25.
Four Corners Property Trust Inc [FCPT] reported earnings per share of $0.27 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.27/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.27 per share as compared to estimates of $0.27 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 9.06, the price to book ratio is 1.80 and price to earnings (TTM) ratio is 22.96.
Transactions by insiders
Recent insider trading involved HANSEN DOUGLAS B, Director, that happened on Nov 07 when 4950.0 shares were purchased. President and CEO, Lenehan William H completed a deal on Nov 06 to buy 9000.0 shares. Meanwhile, Director MOODY JOHN S sold 7200.0 shares on Jun 15.
