Stock of W. P. Carey Inc (WPC) performance and profitability takes another direction

At the time of writing, W. P. Carey Inc [WPC] stock is trading at $57.76, up 3.14%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WPC shares have gain 4.73% over the last week, with a monthly amount glided 0.33%, and seem to be holding up well over a long-time horizon.

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On 4, April 2024, W. P. Carey Selected as 2024 Green Lease Leader. In a post published today on Yahoo Finance, Third Consecutive Year Achieving Gold Recognition .

From an analyst’s perspective:

W. P. Carey Inc [NYSE: WPC] stock has seen the most recent analyst activity on March 27, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $40. Previously, Raymond James downgraded its rating to Mkt Perform on February 12, 2024. On November 13, 2023, downgrade downgraded it’s rating to Mkt Perform. BMO Capital Markets downgraded its rating to a Market Perform and decreased its price target to $60 on September 26, 2023. Wells Fargo initiated its recommendation with a Equal Weight and recommended $66 as its price target on September 21, 2023. BofA Securities downgraded its rating to Underperform for this stock on August 14, 2023, and downed its price target to $67. In a note dated June 14, 2023, Exane BNP Paribas initiated an Underperform rating and provided a target price of $74 on this stock.

For the past year, the stock price of W. P. Carey Inc fluctuated between $50.28 and $72.47. W. P. Carey Inc [NYSE: WPC] shares were valued at $57.76 at the most recent close of the market.

Analyzing the WPC fundamentals

According to W. P. Carey Inc [NYSE:WPC], the company’s sales were 1.74B for trailing twelve months, which represents an 2.44% jump. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.45%, and Net Profit Margin reading is 0.42%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.07.

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 56.59 points at the first support level, and at 55.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.35, and for the 2nd resistance point, it is at 58.94.

W. P. Carey Inc [WPC] reported earnings per share of $0.66 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 $0.53/share, meaning a difference of $0.13 and a surprise factor of 24.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.58 per share as compared to estimates of $0.63 per share, a difference of -$0.05 representing a surprise of -7.90%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 7.25, the price to book ratio is 1.45 and price to earnings (TTM) ratio is 17.52.

Transactions by insiders

Recent insider trading involved Zander Brian H, Chief Accounting Officer, that happened on Dec 14 ’23 when 200.0 shares were sold. Director, ALEXANDER MARK A completed a deal on May 02 ’23 to buy 1000.0 shares.

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