A share price of Retail Opportunity Investments Corp [ROIC] is currently trading at $12.88, down -4.45%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ROIC shares have lost -4.38% over the last week, with a monthly amount glided 3.62%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Retail Opportunity Investments Corp [NASDAQ: ROIC] stock has seen the most recent analyst activity on April 05, 2024, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $12 from $14.50. Previously, KeyBanc Capital Markets upgraded its rating to Overweight on January 05, 2024, and kept the price target unchanged to $16. On November 06, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $13 on the stock. Wells Fargo downgraded its rating to a Equal Weight and increased its price target to $15 on September 20, 2023. Raymond James upgraded its rating to a Outperform but $16 remained the price target by the analyst firm on September 05, 2023. Wells Fargo started tracking with a Overweight rating for this stock on May 24, 2023, and assigned it a price target of $14. In a note dated January 11, 2023, BTIG Research downgraded an Neutral rating on this stock.
Retail Opportunity Investments Corp experienced fluctuations in its stock price throughout the past year between $10.98 and $15.16. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Retail Opportunity Investments Corp [NASDAQ: ROIC] shares were valued at $12.88 at the most recent close of the market. An investor can expect a potential return of 16.46% based on the average ROIC price forecast.
Analyzing the ROIC fundamentals
Trailing Twelve Months sales for Retail Opportunity Investments Corp [NASDAQ:ROIC] were 335.05M which represents 1.56% growth. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.11%, 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 0.03 and Total Capital is 0.04. 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 12.70 points at the first support level, and at 12.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.24, and for the 2nd resistance point, it is at 13.60.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 4.90, the price to book ratio is 1.29 and price to earnings (TTM) ratio is 46.79.
Transactions by insiders
Recent insider trading involved Indiveri Michael J., Director, that happened on Oct 30 ’23 when 1500.0 shares were purchased. Director, POMERANTZ LAURA H completed a deal on Aug 31 ’23 to sell 4000.0 shares.
