Alexandria Real Estate Equities Inc [ARE] stock prices are down -0.26% to $111.75 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 ARE shares have gain 6.95% over the last week, with a monthly amount drifted -0.86%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alexandria Real Estate Equities Inc [NYSE: ARE] stock has seen the most recent analyst activity on November 15, 2024, when Deutsche Bank downgraded its rating to a Hold and also revised its price target to $112 from $135. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on October 25, 2024, and dropped its price target to $125. On September 13, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $125 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $127 on August 02, 2024. BofA Securities downgraded its rating to a Neutral and reduced its price target to $126 on July 29, 2024. Evercore ISI downgraded its rating to In-line for this stock on July 25, 2024, and downed its price target to $126. In a note dated July 24, 2024, Wedbush downgraded an Neutral rating on this stock and revised its target price from $140 to $130.
The stock price of Alexandria Real Estate Equities Inc [ARE] has been fluctuating between $102.89 and $135.45 over the past year. Currently, Wall Street analysts expect the stock to reach $136.5 within the next 12 months. Alexandria Real Estate Equities Inc [NYSE: ARE] shares were valued at $111.75 at the most recent close of the market. An investor can expect a potential return of 22.15% based on the average ARE price forecast.
Analyzing the ARE fundamentals
The Alexandria Real Estate Equities Inc [NYSE:ARE] reported sales of 3.08B for trailing twelve months, representing a surge of 10.90%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.25%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
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 111.02 points at the first support level, and at 110.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 112.33, and for the 2nd resistance point, it is at 112.92.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.33, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 68.14.
Transactions by insiders
Recent insider trading involved Cain James P, Director, that happened on Sep 16 ’24 when 340.0 shares were sold. Chief Development Officer, CIRUZZI VINCENT completed a deal on Sep 13 ’24 to sell 6941.0 shares. Meanwhile, Officer CIRUZZI VINCENT bought 6941.0 shares on Sep 13 ’24.
