NNN REIT Inc [NNN] stock prices are up 0.76% to $39.67 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NNN shares have lost -2.34% over the last week, with a monthly amount drifted -4.09%, and not 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
From an analyst’s perspective:
NNN REIT Inc [NYSE: NNN] stock has seen the most recent analyst activity on September 21, 2023, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $40. Previously, Janney upgraded its rating to Buy on June 28, 2023, and kept the price target unchanged to $48. On June 14, 2023, Exane BNP Paribas initiated with a Underperform rating and assigned a price target of $42 on the stock. Raymond James downgraded its rating to a Outperform and increased its price target to $50 on January 09, 2023. Jefferies upgraded its rating to a Buy and raised its price target to $52 on January 03, 2023. Oppenheimer started tracking with a Outperform rating for this stock on October 20, 2022, and assigned it a price target of $48. In a note dated July 12, 2022, Morgan Stanley downgraded an Equal-Weight rating on this stock but restated the target price of $45.
The stock price of NNN REIT Inc [NNN] has been fluctuating between $34.38 and $44.96 over the past year. Currently, Wall Street analysts expect the stock to reach $49 within the next 12 months. NNN REIT Inc [NYSE: NNN] shares were valued at $39.67 at the most recent close of the market. An investor can expect a potential return of 23.52% based on the average NNN price forecast.
Analyzing the NNN fundamentals
The NNN REIT Inc [NYSE:NNN] reported sales of 828.11M for trailing twelve months, representing a surge of 8.92%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at 0.67%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.47%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.05.
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 39.42 points at the first support level, and at 39.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.90, and for the 2nd resistance point, it is at 40.14.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 8.74, the price to book ratio is 1.74 and price to earnings (TTM) ratio is 18.39.
Transactions by insiders
Recent insider trading involved Tessitore Christopher Paul, EVP, that happened on Dec 13 ’23 when 38056.0 shares were sold. EVP, Portfolio Operations, Adamo Jonathan completed a deal on Nov 27 ’23 to sell 4000.0 shares. Meanwhile, EVP, Chief Accounting Officer Miller Michelle Lynn sold 1250.0 shares on Nov 07 ’23.
