A share price of Farmland Partners Inc [FPI] is currently trading at $12.51, up 7.47%. An important factor to consider is whether the stock is rising or falling in short-term value. The FPI shares have gain 6.47% over the last week, with a monthly amount glided 6.11%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Janney upgraded its rating to Buy on January 13, 2023. On June 21, 2022, ROTH Capital initiated with a Buy rating and assigned a price target of $16 on the stock. Berenberg started tracking the stock assigning a Buy rating and suggested a price target of $14 on October 14, 2021. B. Riley FBR downgraded its rating to a Neutral but $7.50 remained the price target by the analyst firm on November 13, 2018. Janney downgraded its rating to Neutral for this stock on March 16, 2018. In a note dated September 19, 2017, Raymond James initiated an Mkt Perform rating.
Farmland Partners Inc experienced fluctuations in its stock price throughout the past year between $8.79 and $11.99. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Farmland Partners Inc [NYSE: FPI] shares were valued at $12.51 at the most recent close of the market. An investor can expect a potential return of 35.89% based on the average FPI price forecast.
Analyzing the FPI fundamentals
Trailing Twelve Months sales for Farmland Partners Inc [NYSE:FPI] were 58.23M which represents -0.55% decline. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.45%, Pretax Profit Margin comes in at 0.33%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 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 0.68.
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 11.96 points at the first support level, and at 11.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.97, and for the 2nd resistance point, it is at 13.42.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 10.61, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 11.80.
Transactions by insiders
Recent insider trading involved Good John A, Director, that happened on Dec 19 ’24 when 15000.0 shares were purchased. Director, Good John A completed a deal on Aug 07 ’24 to buy 24000.0 shares. Meanwhile, President and CEO Fabbri Luca bought 1000.0 shares on Aug 05 ’24.
