Acadia Realty Trust (AKR) Shares Gain 3.45% Over Last Week

Acadia Realty Trust [AKR] stock prices are up 0.59% to $17.10 at the moment. 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 AKR shares have gain 3.45% over the last week, with a monthly amount glided 3.57%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Acadia Realty Trust [NYSE: AKR] stock has seen the most recent analyst activity on April 05, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $20 from $18. Previously, Truist downgraded its rating to Hold on January 16, 2024, and kept the price target unchanged to $18. On January 02, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $20 on the stock. Compass Point downgraded its rating to a Neutral but stick to its price target of $16 on November 30, 2023. KeyBanc Capital Markets downgraded its rating to a Sector Weight and reduced its price target to $16 on December 14, 2022. Citigroup upgraded its rating to Buy for this stock on September 19, 2022, but kept the price target unchanged to $17. In a note dated June 30, 2022, Jefferies downgraded an Hold rating on this stock and revised its target price from $25 to $15.

The stock price of Acadia Realty Trust [AKR] has been fluctuating between $12.36 and $17.73 over the past year. Currently, Wall Street analysts expect the stock to reach $19.5 within the next 12 months. Acadia Realty Trust [NYSE: AKR] shares were valued at $17.10 at the most recent close of the market. An investor can expect a potential return of 14.04% based on the average AKR price forecast.

Analyzing the AKR fundamentals

The Acadia Realty Trust [NYSE:AKR] reported sales of 353.70M for trailing twelve months, representing a surge of 24.75%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.14.

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 16.97 points at the first support level, and at 16.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.18, and for the 2nd resistance point, it is at 17.26.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 4.96, the price to book ratio is 1.00 and price to earnings (TTM) ratio is 86.15.

Transactions by insiders

Recent insider trading involved ZOBA C DAVID, Director, that happened on Mar 15 ’24 when 1000.0 shares were purchased. Sr. VP, NAPOLITANO JOSEPH completed a deal on Mar 04 ’24 to sell 49525.0 shares. Meanwhile, Director CROCKER DOUGLAS II sold 28250.0 shares on Dec 05 ’23.

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