Acadia Realty Trust [AKR] stock prices are down -0.44% to $22.71 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 AKR shares have lost -1.17% over the last week, with a monthly amount drifted -0.13%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Acadia Realty Trust [NYSE: AKR] stock has seen the most recent analyst activity on June 26, 2024, when JP Morgan upgraded its rating to a Neutral but kept the price target unchanged to $18 for it. Previously, BofA Securities upgraded its rating to Buy on April 05, 2024, and elevated its price target to $20. On January 16, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $18 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $20 on January 02, 2024. Compass Point downgraded its rating to a Neutral but $16 remained the price target by the analyst firm on November 30, 2023. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on December 14, 2022, and downed its price target to $16. In a note dated September 19, 2022, Citigroup upgraded an Buy rating on this stock but restated the target price of $17.
The stock price of Acadia Realty Trust [AKR] has been fluctuating between $13.24 and $23.56 over the past year. Currently, Wall Street analysts expect the stock to reach $19.5 within the next 12 months. Acadia Realty Trust [NYSE: AKR] shares were valued at $22.71 at the most recent close of the market. An investor can expect a potential drop of -14.13% based on the average AKR price forecast.
Analyzing the AKR fundamentals
The Acadia Realty Trust [NYSE:AKR] reported sales of 360.52M for trailing twelve months, representing a drop of -3.00%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.95.
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 22.55 points at the first support level, and at 22.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.84, and for the 2nd resistance point, it is at 22.96.
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 1.34 and price to earnings (TTM) ratio is 3662.90.
Transactions by insiders
Recent insider trading involved Gottfried John J., Executive VP and CFO, that happened on May 03 ’24 when 12500.0 shares were sold. Sr. VP, Hartmann Richard completed a deal on May 03 ’24 to sell 25000.0 shares. Meanwhile, Director ZOBA C DAVID bought 1000.0 shares on Mar 15 ’24.
