At the time of writing, Netstreit Corp [NTST] stock is trading at $14.47, up 3.51%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NTST shares have gain 5.47% over the last week, with a monthly amount drifted -3.53%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Netstreit Corp [NYSE: NTST] stock has seen the most recent analyst activity on November 11, 2024, when Scotiabank upgraded its rating to a Sector Outperform and also boosted its price target to $18 from $16. Previously, UBS started tracking the stock with Buy rating on October 14, 2024, and set its price target to $19. On August 21, 2024, upgrade upgraded it’s rating to Strong Buy and revised its price target to $19 on the stock. Wedbush started tracking the stock assigning a Neutral rating. KeyBanc Capital Markets upgraded its rating to a Sector Weight. Wolfe Research upgraded its rating to Outperform for this stock on January 02, 2024, but kept the price target unchanged to $22. In a note dated December 13, 2023, Exane BNP Paribas downgraded an Neutral rating on this stock but restated the target price of $17.
For the past year, the stock price of Netstreit Corp fluctuated between $13.42 and $18.97. Currently, Wall Street analysts expect the stock to reach $25.5 within the next 12 months. Netstreit Corp [NYSE: NTST] shares were valued at $14.47 at the most recent close of the market. An investor can expect a potential return of 76.23% based on the average NTST price forecast.
Analyzing the NTST fundamentals
According to Netstreit Corp [NYSE:NTST], the company’s sales were 156.31M for trailing twelve months, which represents an 21.87% jump. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
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 14.15 points at the first support level, and at 13.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.65, and for the 2nd resistance point, it is at 14.83.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.59, the price to book ratio is 0.88.
Transactions by insiders
Recent insider trading involved Donlan Daniel P, CFO and Treasurer, that happened on Aug 19 ’24 when 1200.0 shares were purchased. Director, Minnis Todd completed a deal on May 16 ’24 to sell 6250.0 shares.
