Essential Properties Realty Trust Inc (EPRT) stock forecast: Can it reach its 52-week high of $29.94

A share price of Essential Properties Realty Trust Inc [EPRT] is currently trading at $30.50, up 2.04%. An important factor to consider is whether the stock is rising or falling in short-term value. The EPRT shares have gain 9.55% over the last week, with a monthly amount glided 10.31%, 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

From an analyst’s perspective:

Essential Properties Realty Trust Inc [NYSE: EPRT] stock has seen the most recent analyst activity on June 28, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $33. Previously, UBS started tracking the stock with Buy rating on May 31, 2024, and set its price target to $30. On March 22, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $28.50 on the stock. BMO Capital Markets started tracking the stock assigning a Outperform rating and suggested a price target of $29 on February 13, 2024. B. Riley Securities initiated its recommendation with a Buy and recommended $27.50 as its price target on November 30, 2023. Wells Fargo started tracking with a Overweight rating for this stock on September 21, 2023, and assigned it a price target of $27. In a note dated June 14, 2023, Exane BNP Paribas initiated an Outperform rating and provided a target price of $29 on this stock.

Essential Properties Realty Trust Inc experienced fluctuations in its stock price throughout the past year between $20.49 and $29.94. Currently, Wall Street analysts expect the stock to reach $29.6 within the next 12 months. Essential Properties Realty Trust Inc [NYSE: EPRT] shares were valued at $30.50 at the most recent close of the market. An investor can expect a potential drop of -2.95% based on the average EPRT price forecast.

Analyzing the EPRT fundamentals

Trailing Twelve Months sales for Essential Properties Realty Trust Inc [NYSE:EPRT] were 379.97M which represents 23.99% growth. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.66%, Pretax Profit Margin comes in at 0.52%, and Net Profit Margin reading is 0.51%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.

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 30.17 points at the first support level, and at 29.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.69, and for the 2nd resistance point, it is at 30.88.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 14.07, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 24.82.

Transactions by insiders

Recent insider trading involved Mavoides Peter M., President and CEO, that happened on Jul 05 ’24 when 12712.0 shares were sold. President and CEO, Mavoides Peter M. completed a deal on Jul 03 ’24 to sell 1200.0 shares. Meanwhile, President and CEO Mavoides Peter M. sold 20863.0 shares on Jul 01 ’24.

Related Posts