This is why Terreno Realty Corp (TRNO) Stock is one of the options for the Longer run

Terreno Realty Corp [TRNO] stock is trading at $68.46, down -0.52%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TRNO shares have lost -0.17% over the last week, with a monthly amount glided 3.66%, 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:

Terreno Realty Corp [NYSE: TRNO] stock has seen the most recent analyst activity on September 05, 2024, when Mizuho downgraded its rating to a Underperform but kept the price target unchanged to $62 for it. Previously, Wells Fargo downgraded its rating to Equal Weight on August 28, 2024, and elevated its price target to $75. On June 04, 2024, Exane BNP Paribas initiated with a Outperform rating and assigned a price target of $68 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $71 on March 27, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $71 as its price target on December 07, 2023. Wedbush started tracking with a Neutral rating for this stock on October 03, 2023, and assigned it a price target of $60. In a note dated July 19, 2023, Citigroup initiated an Neutral rating and provided a target price of $63 on this stock.

Terreno Realty Corp [TRNO] stock has fluctuated between $50.42 and $71.63 over the past year. Currently, Wall Street analysts expect the stock to reach $66.4 within the next 12 months. Terreno Realty Corp [NYSE: TRNO] shares were valued at $68.46 at the most recent close of the market. An investor can expect a potential drop of -3.01% based on the average TRNO price forecast.

Analyzing the TRNO fundamentals

Terreno Realty Corp [NYSE:TRNO] reported sales of 348.68M for the trailing twelve months, which represents a growth of 18.50%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.43%, Pretax Profit Margin comes in at 0.46%, and Net Profit Margin reading is 0.46%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.05 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.22.

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 68.20 points at the first support level, and at 67.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.96, and for the 2nd resistance point, it is at 69.46.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 19.03, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 38.40.

Transactions by insiders

Recent insider trading involved COKE MICHAEL A, PRESIDENT, that happened on Aug 09 ’24 when 7500.0 shares were sold. EVP, Meyer John Tull completed a deal on Aug 09 ’24 to sell 6145.0 shares. Meanwhile, CFO Cannon Jaime Jackson sold 4998.0 shares on Aug 09 ’24.

Related Posts