A share price of Netstreit Corp [NTST] is currently trading at $14.23, down -0.56%. 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 2.52% over the last week, with a monthly amount drifted -0.49%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Scotiabank upgraded its rating to Sector Outperform on November 11, 2024, and elevated its price target to $18. On October 14, 2024, UBS initiated with a Buy rating and assigned a price target of $19 on the stock. Raymond James upgraded its rating to a Strong Buy and decreased its price target to $19 on August 21, 2024. Wedbush initiated its recommendation with a Neutral. KeyBanc Capital Markets upgraded its rating to Sector Weight for this stock on February 01, 2024. In a note dated January 02, 2024, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $22.
Netstreit Corp experienced fluctuations in its stock price throughout the past year between $13.42 and $18.97. Currently, Wall Street analysts expect the stock to reach $27.67 within the next 12 months. Netstreit Corp [NYSE: NTST] shares were valued at $14.23 at the most recent close of the market. An investor can expect a potential return of 94.45% based on the average NTST price forecast.
Analyzing the NTST fundamentals
Trailing Twelve Months sales for Netstreit Corp [NYSE:NTST] were 156.31M which represents 21.87% growth. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.01 and Total Capital is 0.01.
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 14.10 points at the first support level, and at 13.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.43, and for the 2nd resistance point, it is at 14.63.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.47, the price to book ratio is 0.87.
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.
