Understanding SITE Centers Corp (SITC)’s Gross Margin and Net Margin Figures

At the time of writing, SITE Centers Corp [SITC] stock is trading at $14.38, down -0.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SITC shares have gain 0.14% over the last week, with a monthly amount drifted -1.98%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

SITE Centers Corp [NYSE: SITC] stock has seen the most recent analyst activity on January 05, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Wells Fargo upgraded its rating to Overweight on September 20, 2023, and kept the price target unchanged to $15. On May 24, 2023, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $12.50 on the stock. Mizuho downgraded its rating to a Neutral and decreased its price target to $13 on January 10, 2023. Mizuho upgraded its rating to a Buy and raised its price target to $17 on August 16, 2022. Wolfe Research started tracking with a Outperform rating for this stock on September 23, 2021, and assigned it a price target of $19. In a note dated March 04, 2021, KeyBanc Capital Markets upgraded an Overweight rating on this stock but restated the target price of $15.

For the past year, the stock price of SITE Centers Corp fluctuated between $10.75 and $14.88. Currently, Wall Street analysts expect the stock to reach $15.1 within the next 12 months. SITE Centers Corp [NYSE: SITC] shares were valued at $14.38 at the most recent close of the market. An investor can expect a potential return of 5.01% based on the average SITC price forecast.

Analyzing the SITC fundamentals

According to SITE Centers Corp [NYSE:SITC], the company’s sales were 496.12M for trailing twelve months, which represents an -12.08% plunge. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.

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 14.30 points at the first support level, and at 14.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.45, and for the 2nd resistance point, it is at 14.52.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 6.07, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 14.00.

Transactions by insiders

Recent insider trading involved Otto Alexander, Director, that happened on Jun 28 ’24 when 0.36 million shares were sold. Director, Otto Alexander completed a deal on Jun 27 ’24 to sell 0.33 million shares. Meanwhile, Director Otto Alexander sold 0.23 million shares on Jun 26 ’24.

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