Is Equity Residential Properties Trust (EQR) Holding Up Well Over a Long-Time Horizon?

Equity Residential Properties Trust [EQR] stock prices are up 1.13% to $74.42 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The EQR shares have gain 1.25% over the last week, with a monthly amount drifted -1.60%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Equity Residential Properties Trust [NYSE: EQR] stock has seen the most recent analyst activity on November 13, 2024, when Stifel upgraded its rating to a Buy and also boosted its price target to $81.50 from $77.75. Previously, BofA Securities downgraded its rating to Neutral on September 24, 2024, and elevated its price target to $82. On September 11, 2024, Exane BNP Paribas initiated with a Outperform rating and assigned a price target of $83 on the stock. Deutsche Bank upgraded its rating to a Buy and increased its price target to $83 on September 10, 2024. Goldman initiated its recommendation with a Neutral and recommended $81 as its price target on September 04, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on August 26, 2024, and upped its price target to $77. In a note dated June 28, 2024, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $70 to $80.

The stock price of Equity Residential Properties Trust [EQR] has been fluctuating between $54.53 and $78.83 over the past year. Currently, Wall Street analysts expect the stock to reach $82.03 within the next 12 months. Equity Residential Properties Trust [NYSE: EQR] shares were valued at $74.42 at the most recent close of the market. An investor can expect a potential return of 10.23% based on the average EQR price forecast.

Analyzing the EQR fundamentals

The Equity Residential Properties Trust [NYSE:EQR] reported sales of 2.92B for trailing twelve months, representing a surge of 3.55%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.33%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 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 0.77.

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 73.53 points at the first support level, and at 72.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.92, and for the 2nd resistance point, it is at 75.43.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 10.02, the price to book ratio is 2.61 and price to earnings (TTM) ratio is 31.16.

Transactions by insiders

Recent insider trading involved Manelis Michael L, Executive Vice President & COO, that happened on Nov 07 ’24 when 2000.0 shares were sold. Officer, Manelis Michael L completed a deal on Nov 07 ’24 to buy 2000.0 shares. Meanwhile, EVP & CHRO Carraway Catherine sold 1000.0 shares on Aug 28 ’24.

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