A share price of Broadstone Net Lease Inc [BNL] is currently trading at $15.87, up 1.47%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BNL shares have gain 1.99% over the last week, with a monthly amount drifted -6.09%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Broadstone Net Lease Inc [NYSE: BNL] stock has seen the most recent analyst activity on December 17, 2024, when JMP Securities upgraded its rating to a Mkt Outperform but kept the price target unchanged to $21 for it. Previously, UBS started tracking the stock with Neutral rating on November 14, 2024, and set its price target to $18. On August 19, 2024, Wedbush initiated with a Outperform rating. KeyBanc Capital Markets started tracking the stock assigning a Sector Weight rating. Wolfe Research downgraded its rating to a Peer Perform. Goldman started tracking with a Sell rating for this stock on March 07, 2024, and assigned it a price target of $14. In a note dated December 18, 2023, JP Morgan upgraded an Overweight rating on this stock but restated the target price of $19.
Broadstone Net Lease Inc experienced fluctuations in its stock price throughout the past year between $14.20 and $19.15. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Broadstone Net Lease Inc [NYSE: BNL] shares were valued at $15.87 at the most recent close of the market. An investor can expect a potential return of 13.42% based on the average BNL price forecast.
Analyzing the BNL fundamentals
Trailing Twelve Months sales for Broadstone Net Lease Inc [NYSE:BNL] were 435.76M which represents 0.17% growth. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.84%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.67.
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 15.70 points at the first support level, and at 15.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.97, and for the 2nd resistance point, it is at 16.06.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.87, the price to book ratio is 1.00 and price to earnings (TTM) ratio is 21.11.
Transactions by insiders
Recent insider trading involved Wiegel Molly, SVP – Human Resources & Admin, that happened on May 14 ’24 when 6320.0 shares were sold. Director, NARASIMHAN SHEKAR completed a deal on Feb 27 ’24 to buy 5000.0 shares. Meanwhile, Director COKE MICHAEL A bought 10000.0 shares on Feb 26 ’24.
