At the time of writing, Phillips Edison & Company Inc [PECO] stock is trading at $33.85, down -0.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PECO shares have lost -3.94% over the last week, with a monthly amount glided 4.99%, 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:
Phillips Edison & Company Inc [NASDAQ: PECO] stock has seen the most recent analyst activity on February 23, 2024, when Mizuho upgraded its rating to a Buy and also boosted its price target to $37 from $35. Previously, Deutsche Bank started tracking the stock with Buy rating on January 30, 2024, and set its price target to $41. On September 20, 2023, downgrade downgraded it’s rating to Underweight but maintained its price target of $35 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Wells Fargo initiated its recommendation with a Equal Weight and recommended $31 as its price target on May 24, 2023. In a note dated January 09, 2023, Credit Suisse upgraded an Outperform rating on this stock.
For the past year, the stock price of Phillips Edison & Company Inc fluctuated between $30.62 and $37.92. Currently, Wall Street analysts expect the stock to reach $35.33 within the next 12 months. Phillips Edison & Company Inc [NASDAQ: PECO] shares were valued at $33.85 at the most recent close of the market. An investor can expect a potential return of 4.37% based on the average PECO price forecast.
Analyzing the PECO fundamentals
According to Phillips Edison & Company Inc [NASDAQ:PECO], the company’s sales were 624.90M for trailing twelve months, which represents an 7.32% jump. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. 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 of0.98.
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 33.56 points at the first support level, and at 33.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.40, and for the 2nd resistance point, it is at 34.96.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.63, the price to book ratio is 1.80 and price to earnings (TTM) ratio is 71.93.
