Four Corners Property Trust Inc (FCPT) Shares on the Rise: Short-term Analysis

A share price of Four Corners Property Trust Inc [FCPT] is currently trading at $27.26, up 0.44%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FCPT shares have gain 0.93% over the last week, with a monthly amount glided 10.54%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Wells Fargo started tracking the stock with Overweight rating on September 21, 2023, and set its price target to $28. On November 21, 2022, downgrade downgraded it’s rating to In-line but maintained its price target of $28 on the stock. Berenberg downgraded its rating to a Hold and reduced its price target to $30 on August 02, 2022. Janney downgraded its rating to Neutral for this stock on August 01, 2022, but kept the price target unchanged to $30. In a note dated June 23, 2022, Credit Suisse initiated an Neutral rating and provided a target price of $26 on this stock.

Four Corners Property Trust Inc experienced fluctuations in its stock price throughout the past year between $20.51 and $27.64. Four Corners Property Trust Inc [NYSE: FCPT] shares were valued at $27.26 at the most recent close of the market.

Analyzing the FCPT fundamentals

Trailing Twelve Months sales for Four Corners Property Trust Inc [NYSE:FCPT] were 257.14M which represents 10.87% growth. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.53%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.06.

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 26.56 points at the first support level, and at 25.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.84, and for the 2nd resistance point, it is at 28.41.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 9.75, the price to book ratio is 1.99 and price to earnings (TTM) ratio is 25.54.

Transactions by insiders

Recent insider trading involved MOODY JOHN S, Director, that happened on Jun 12 ’24 when 7230.0 shares were sold. President and CEO, Lenehan William H completed a deal on Jun 10 ’24 to buy 6230.0 shares. Meanwhile, Director HANSEN DOUGLAS B bought 4950.0 shares on Nov 07 ’23.

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