Easterly Government Properties Inc (DEA) stock expected to rise by 19.39%: What’s driving the optimism?

At the time of writing, Easterly Government Properties Inc [DEA] stock is trading at $11.45, up 6.02%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DEA shares have gain 7.41% over the last week, with a monthly amount drifted -0.69%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Easterly Government Properties Inc [NYSE: DEA] stock has seen the most recent analyst activity on October 14, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $15 from $13. Previously, RBC Capital Mkts downgraded its rating to Underperform on August 16, 2023, and dropped its price target to $13. On March 28, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $17 on the stock. BMO Capital Markets downgraded its rating to a Underperform and decreased its price target to $14 on December 16, 2022. Citigroup downgraded its rating to a Neutral and reduced its price target to $15.50 on December 14, 2022. Compass Point downgraded its rating to Neutral for this stock on November 03, 2022, but kept the price target unchanged to $17. In a note dated January 10, 2022, Raymond James downgraded an Mkt Perform rating on this stock.

For the past year, the stock price of Easterly Government Properties Inc fluctuated between $10.45 and $14.37. Currently, Wall Street analysts expect the stock to reach $13.67 within the next 12 months. Easterly Government Properties Inc [NYSE: DEA] shares were valued at $11.45 at the most recent close of the market. An investor can expect a potential return of 19.39% based on the average DEA price forecast.

Analyzing the DEA fundamentals

According to Easterly Government Properties Inc [NYSE:DEA], the company’s sales were 294.81M for trailing twelve months, which represents an 3.84% jump. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.79.

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 10.84 points at the first support level, and at 10.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.93, and for the 2nd resistance point, it is at 12.41.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 4.10, the price to book ratio is 0.92 and price to earnings (TTM) ratio is 65.17.

Transactions by insiders

Recent insider trading involved Crate Darrell W, President & CEO, that happened on Dec 23 ’24 when 10000.0 shares were purchased.

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