The Short-term Rise and Fall of Digital Realty Trust Inc (DLR) Stock

Digital Realty Trust Inc [DLR] stock prices are up 0.96% to $163.69 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DLR shares have gain 3.05% over the last week, with a monthly amount glided 3.44%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Digital Realty Trust Inc [NYSE: DLR] stock has seen the most recent analyst activity on October 04, 2024, when HSBC Securities upgraded its rating to a Hold and also boosted its price target to $160 from $124. Previously, Argus downgraded its rating to Hold on August 01, 2024. On July 11, 2024, Mizuho initiated with a Outperform rating and assigned a price target of $170 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $175 on July 01, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $175 on June 28, 2024. BMO Capital Markets upgraded its rating to Outperform for this stock on June 26, 2024, and upped its price target to $170. In a note dated April 09, 2024, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $135 to $155.

The stock price of Digital Realty Trust Inc [DLR] has been fluctuating between $113.94 and $165.17 over the past year. Currently, Wall Street analysts expect the stock to reach $155.26 within the next 12 months. Digital Realty Trust Inc [NYSE: DLR] shares were valued at $163.69 at the most recent close of the market. An investor can expect a potential drop of -5.15% based on the average DLR price forecast.

Analyzing the DLR fundamentals

The Digital Realty Trust Inc [NYSE:DLR] reported sales of 5.46B for trailing twelve months, representing a drop of -0.70%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 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 0.8.

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 161.57 points at the first support level, and at 159.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 165.03, and for the 2nd resistance point, it is at 166.37.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 9.82, the price to book ratio is 2.69 and price to earnings (TTM) ratio is 47.96.

Transactions by insiders

Recent insider trading involved MANDEVILLE JEAN F H P, Director, that happened on Aug 01 ’24 when 600.0 shares were sold. Director, Jean F.H.P. Mandeville completed a deal on Aug 01 ’24 to buy 600.0 shares. Meanwhile, Director MANDEVILLE JEAN F H P sold 3400.0 shares on Mar 12 ’24.

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