A share price of Avalonbay Communities Inc. [AVB] is currently trading at $223.07, up 0.75%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AVB shares have gain 2.78% over the last week, with a monthly amount glided 8.21%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Avalonbay Communities Inc. [NYSE: AVB] stock has seen the most recent analyst activity on May 13, 2024, when Evercore ISI downgraded its rating to a In-line but kept the price target unchanged to $202 for it. Previously, Morgan Stanley upgraded its rating to Overweight on February 26, 2024, and elevated its price target to $191.50. Barclays upgraded its rating to a Overweight and increased its price target to $204 on February 20, 2024. Deutsche Bank initiated its recommendation with a Buy and recommended $206 as its price target on January 30, 2024. Truist downgraded its rating to Hold for this stock on January 16, 2024, and upped its price target to $203. In a note dated January 05, 2024, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock.
Avalonbay Communities Inc. experienced fluctuations in its stock price throughout the past year between $160.45 and $222.97. Currently, Wall Street analysts expect the stock to reach $234.18 within the next 12 months. Avalonbay Communities Inc. [NYSE: AVB] shares were valued at $223.07 at the most recent close of the market. An investor can expect a potential return of 4.98% based on the average AVB price forecast.
Analyzing the AVB fundamentals
Trailing Twelve Months sales for Avalonbay Communities Inc. [NYSE:AVB] were 2.84B which represents 1.42% growth. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.71.
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 221.79 points at the first support level, and at 220.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 224.29, and for the 2nd resistance point, it is at 225.51.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 11.15, the price to book ratio is 2.70 and price to earnings (TTM) ratio is 37.75.
Transactions by insiders
Recent insider trading involved Breslin Sean J., Chief Operating Officer, that happened on Aug 15 ’24 when 4000.0 shares were sold. Officer, Breslin Sean J. completed a deal on Aug 15 ’24 to buy 4000.0 shares. Meanwhile, SVP-Finance and Treasurer Shea Keri A sold 2000.0 shares on Aug 06 ’24.
