Ares Commercial Real Estate Corp [ACRE] stock is trading at $6.09, up 2.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ACRE shares have gain 4.10% over the last week, with a monthly amount glided 11.95%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ares Commercial Real Estate Corp [NYSE: ACRE] stock has seen the most recent analyst activity on September 20, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $7 from $7.50. On March 04, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $7 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $10.50 on December 06, 2023. JMP Securities downgraded its rating to a Mkt Perform. Wells Fargo started tracking with a Equal Weight rating for this stock on September 13, 2023, and assigned it a price target of $10. In a note dated August 18, 2023, Raymond James downgraded an Mkt Perform rating on this stock.
Ares Commercial Real Estate Corp [ACRE] stock has fluctuated between $5.33 and $8.82 over the past year. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Ares Commercial Real Estate Corp [NYSE: ACRE] shares were valued at $6.09 at the most recent close of the market. An investor can expect a potential return of 14.94% based on the average ACRE price forecast.
Analyzing the ACRE fundamentals
Ares Commercial Real Estate Corp [NYSE:ACRE] reported sales of 115.47M for the trailing twelve months, which represents a drop of -21.45%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.58%, Pretax Profit Margin comes in at -0.68%, and Net Profit Margin reading is -0.68%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.11 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.38.
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 5.96 points at the first support level, and at 5.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.16, and for the 2nd resistance point, it is at 6.22.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.88, the price to book ratio is 0.59.
Transactions by insiders
Recent insider trading involved FEINGOLD ANTON, Gen. Counsel VP and Secretary, that happened on Jan 31 ’25 when 7615.0 shares were sold. CFO and Treasurer, Gonzales Jeffrey Michael completed a deal on Jan 31 ’25 to sell 4020.0 shares. Meanwhile, Chief Executive Officer Donohoe Bryan Patrick sold 23465.0 shares on Jan 31 ’25.
