Paramount Group Inc [PGRE] stock is trading at $4.95, up 0.41%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PGRE shares have gain 1.64% over the last week, with a monthly amount glided 2.70%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Paramount Group Inc [NYSE: PGRE] stock has seen the most recent analyst activity on March 18, 2024, when Evercore ISI upgraded its rating to a In-line but kept the price target unchanged to $5 for it. Previously, BofA Securities downgraded its rating to Underperform on November 13, 2023, and dropped its price target to $4. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $6.50 on November 23, 2022. Evercore ISI downgraded its rating to a Underperform and reduced its price target to $6.50 on November 21, 2022. BTIG Research downgraded its rating to Neutral for this stock on October 19, 2022. In a note dated January 20, 2022, Mizuho upgraded an Buy rating on this stock and revised its target price from $11 to $10.50.
Paramount Group Inc [PGRE] stock has fluctuated between $4.21 and $5.60 over the past year. Currently, Wall Street analysts expect the stock to reach $6.9 within the next 12 months. Paramount Group Inc [NYSE: PGRE] shares were valued at $4.95 at the most recent close of the market. An investor can expect a potential return of 39.39% based on the average PGRE price forecast.
Analyzing the PGRE fundamentals
Paramount Group Inc [NYSE:PGRE] reported sales of 763.65M for the trailing twelve months, which represents a growth of 3.02%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at -0.34%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.16.
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 4.89 points at the first support level, and at 4.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.99, and for the 2nd resistance point, it is at 5.04.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 0.34.