Broadstone Net Lease Inc [BNL] stock prices are up 1.59% to $17.27 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BNL shares have gain 8.48% over the last week, with a monthly amount glided 11.78%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Wolfe Research downgraded its rating to Peer Perform on April 09, 2024. On March 07, 2024, Goldman initiated with a Sell rating and assigned a price target of $14 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $19 on December 18, 2023. Wolfe Research upgraded its rating to a Outperform but $17 remained the price target by the analyst firm on October 18, 2023. In a note dated August 24, 2021, Truist downgraded an Hold rating on this stock and boosted its target price from $25 to $27.
The stock price of Broadstone Net Lease Inc [BNL] has been fluctuating between $13.68 and $17.59 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Broadstone Net Lease Inc [NYSE: BNL] shares were valued at $17.27 at the most recent close of the market. An investor can expect a potential drop of -7.35% based on the average BNL price forecast.
Analyzing the BNL fundamentals
The Broadstone Net Lease Inc [NYSE:BNL] reported sales of 438.22M for trailing twelve months, representing a drop of -8.29%. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at 0.84%, Pretax Profit Margin comes in at 0.44%, and Net Profit Margin reading is 0.42%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.62.
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 17.11 points at the first support level, and at 16.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.36, and for the 2nd resistance point, it is at 17.46.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.43, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 17.94.
Transactions by insiders
Recent insider trading involved Wiegel Molly, SVP – Human Resources & Admin, that happened on May 14 ’24 when 6320.0 shares were sold. Director, NARASIMHAN SHEKAR completed a deal on Feb 27 ’24 to buy 5000.0 shares. Meanwhile, Chief Executive Officer Moragne John David bought 10000.0 shares on Feb 26 ’24.
