First Industrial Realty Trust, Inc [FR] stock prices are up 0.10% to $52.10 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The FR shares have gain 0.13% over the last week, with a monthly amount drifted -1.42%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 $45.10 and $57.35 over the past year. Currently, Wall Street analysts expect the stock to reach $59 within the next 12 months. First Industrial Realty Trust, Inc [NYSE: FR] shares were valued at $52.10 at the most recent close of the market. An investor can expect a potential return of 13.24% 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 0.6% with Operating Profit Margin at 0.52%, Pretax Profit Margin comes in at 0.49%, and Net Profit Margin reading is 0.47%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
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 51.85 points at the first support level, and at 51.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.46, and for the 2nd resistance point, it is at 52.81.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 10.88, the price to book ratio is 2.62 and price to earnings (TTM) ratio is 22.39.
