Urban Edge Properties [UE] stock prices are down -1.31% to $20.34 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The UE shares have gain 2.57% over the last week, with a monthly amount drifted -5.83%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Urban Edge Properties [NYSE: UE] stock has seen the most recent analyst activity on December 21, 2023, when Morgan Stanley upgraded its rating to a Equal-Weight and also boosted its price target to $18 from $14. Previously, Evercore ISI downgraded its rating to In-line on November 27, 2023, and kept the price target unchanged to $18. On September 23, 2021, Wolfe Research initiated with a Outperform rating and assigned a price target of $24 on the stock. Evercore ISI upgraded its rating to a Outperform but stick to its price target of $21 on September 20, 2021. Evercore ISI downgraded its rating to a In-line. CapitalOne upgraded its rating to Overweight for this stock on February 18, 2021, but kept the price target unchanged to $15. In a note dated June 23, 2020, Evercore ISI upgraded an Outperform rating on this stock but restated the target price of $13.
The stock price of Urban Edge Properties [UE] has been fluctuating between $15.81 and $23.85 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Urban Edge Properties [NYSE: UE] shares were valued at $20.34 at the most recent close of the market. An investor can expect a potential return of 22.91% based on the average UE price forecast.
Analyzing the UE fundamentals
The Urban Edge Properties [NYSE:UE] reported sales of 445.18M for trailing twelve months, representing a surge of 10.40%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.62%, and Net Profit Margin reading is 0.59%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.22 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.25.
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 20.15 points at the first support level, and at 19.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.59, and for the 2nd resistance point, it is at 20.83.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.02, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 9.11.
Transactions by insiders
Recent insider trading involved Olson Jeffrey S, Chairman of the Board & CEO, that happened on Dec 11 ’24 when 0.24 million shares were sold. Chairman of the Board and CEO, Jeffrey S. Olson completed a deal on Dec 11 ’24 to buy 0.24 million shares. Meanwhile, Chairman of the Board & CEO Olson Jeffrey S sold 0.19 million shares on Dec 04 ’24.
