First Industrial Realty Trust, Inc. [FR] stock prices are down -1.21% to $54.55 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FR shares have lost -0.26% over the last week, with a monthly amount drifted -2.52%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
First Industrial Realty Trust, Inc. [NYSE: FR] stock has seen the most recent analyst activity on August 13, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $64 for it. Previously, Exane BNP Paribas started tracking the stock with Outperform rating on June 04, 2024, and set its price target to $57. On April 25, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $49 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $53 on March 27, 2024. Wells Fargo initiated its recommendation with a Equal Weight. Mizuho upgraded its rating to Buy for this stock on December 05, 2023, but kept the price target unchanged to $55. In a note dated October 12, 2023, KeyBanc Capital Markets downgraded an Underweight rating on this stock but restated the target price of $42.
The stock price of First Industrial Realty Trust, Inc. [FR] has been fluctuating between $40.41 and $57.35 over the past year. Currently, Wall Street analysts expect the stock to reach $58.45 within the next 12 months. First Industrial Realty Trust, Inc. [NYSE: FR] shares were valued at $54.55 at the most recent close of the market. An investor can expect a potential return of 7.15% based on the average FR price forecast.
Analyzing the FR fundamentals
The First Industrial Realty Trust, Inc. [NYSE:FR] reported sales of 651.33M for trailing twelve months, representing a surge of 8.08%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.49%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.8.
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 54.12 points at the first support level, and at 53.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.14, and for the 2nd resistance point, it is at 55.74.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 11.08, the price to book ratio is 2.74 and price to earnings (TTM) ratio is 23.44.
