Agree Realty Corp. [ADC] stock prices are down -0.43% to $72.44 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ADC shares have gain 1.10% over the last week, with a monthly amount glided 6.76%, 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:
Agree Realty Corp. [NYSE: ADC] stock has seen the most recent analyst activity on May 31, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $60. Previously, BMO Capital Markets started tracking the stock with Outperform rating on February 13, 2024, and set its price target to $69. On January 22, 2024, upgrade upgraded it’s rating to Mkt Outperform but maintained its price target of $71 on the stock. Exane BNP Paribas downgraded its rating to a Neutral but stick to its price target of $64 on December 13, 2023. Mizuho downgraded its rating to a Neutral and reduced its price target to $61 on December 11, 2023. Wells Fargo started tracking with a Overweight rating for this stock on September 21, 2023, and assigned it a price target of $70. In a note dated June 22, 2023, Mizuho upgraded an Buy rating on this stock but restated the target price of $70.
The stock price of Agree Realty Corp. [ADC] has been fluctuating between $52.69 and $73.20 over the past year. Currently, Wall Street analysts expect the stock to reach $69.95 within the next 12 months. Agree Realty Corp. [NYSE: ADC] shares were valued at $72.44 at the most recent close of the market. An investor can expect a potential drop of -3.44% based on the average ADC price forecast.
Analyzing the ADC fundamentals
The Agree Realty Corp. [NYSE:ADC] reported sales of 583.00M for trailing twelve months, representing a surge of 17.46%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.48%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.04. 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 72.12 points at the first support level, and at 71.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.79, and for the 2nd resistance point, it is at 73.13.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 12.50, the price to book ratio is 1.46 and price to earnings (TTM) ratio is 40.32.
Transactions by insiders
Recent insider trading involved RAKOLTA JOHN JR, Director, that happened on May 23 ’24 when 20000.0 shares were purchased. Director, Lehmkuhl Greg completed a deal on May 23 ’24 to buy 1000.0 shares. Meanwhile, CHIEF ACCOUNTING OFFICER Breslin Stephen bought 450.0 shares on Mar 14 ’24.
