At the time of writing, Phillips Edison & Company Inc [PECO] stock is trading at $39.20, up 0.51%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PECO shares have lost -0.33% over the last week, with a monthly amount glided 0.44%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Phillips Edison & Company Inc [NASDAQ: PECO] stock has seen the most recent analyst activity on November 13, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $44 for it. Previously, Wells Fargo upgraded its rating to Equal Weight on August 28, 2024, and elevated its price target to $37. On February 23, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $37 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $41 on January 30, 2024. Wells Fargo downgraded its rating to a Underweight but $35 remained the price target by the analyst firm on September 20, 2023. Wolfe Research downgraded its rating to Peer Perform for this stock on July 06, 2023. In a note dated May 24, 2023, Wells Fargo initiated an Equal Weight rating and provided a target price of $31 on this stock.
For the past year, the stock price of Phillips Edison & Company Inc fluctuated between $30.62 and $40.12. Currently, Wall Street analysts expect the stock to reach $37 within the next 12 months. Phillips Edison & Company Inc [NASDAQ: PECO] shares were valued at $39.20 at the most recent close of the market. An investor can expect a potential drop of -5.61% based on the average PECO price forecast.
Analyzing the PECO fundamentals
According to Phillips Edison & Company Inc [NASDAQ:PECO], the company’s sales were 648.28M for trailing twelve months, which represents an 9.01% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
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 38.90 points at the first support level, and at 38.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.59, and for the 2nd resistance point, it is at 39.98.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 8.24, the price to book ratio is 2.14 and price to earnings (TTM) ratio is 84.61.
