Global Net Lease Inc [GNL] stock is trading at $7.12, up 0.14%. An important factor to consider is whether the stock is rising or falling in short-term value. The GNL shares have lost -0.70% over the last week, with a monthly amount drifted -4.43%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Global Net Lease Inc [NYSE: GNL] stock has seen the most recent analyst activity on March 28, 2024, when Truist initiated its Hold rating and assigned the stock a price target of $7. Previously, BTIG Research downgraded its rating to Neutral on March 08, 2024. On February 13, 2024, BMO Capital Markets initiated with a Outperform rating and assigned a price target of $11 on the stock. Exane BNP Paribas started tracking the stock assigning a Underperform rating and suggested a price target of $13 on March 16, 2023. JMP Securities initiated its recommendation with a Mkt Perform. In a note dated June 17, 2021, Colliers Securities initiated an Neutral rating and provided a target price of $21 on this stock.
Global Net Lease Inc [GNL] stock has fluctuated between $6.52 and $10.19 over the past year. Currently, Wall Street analysts expect the stock to reach $9.5 within the next 12 months. Global Net Lease Inc [NYSE: GNL] shares were valued at $7.12 at the most recent close of the market. An investor can expect a potential return of 33.43% based on the average GNL price forecast.
Analyzing the GNL fundamentals
Global Net Lease Inc [NYSE:GNL] reported sales of 812.62M for the trailing twelve months, which represents a growth of 66.34%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.07 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.09.
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 7.06 points at the first support level, and at 7.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.20, and for the 2nd resistance point, it is at 7.29.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.02, the price to book ratio is 0.72.
Transactions by insiders
Recent insider trading involved SCHORSCH NICHOLAS S, 10% Owner, that happened on Nov 11 ’24 when 100000.0 shares were purchased. 10% Owner, SCHORSCH NICHOLAS S completed a deal on Oct 02 ’24 to buy 100000.0 shares. Meanwhile, 10% Owner SCHORSCH NICHOLAS S sold 0.2 million shares on Jun 27 ’24.
