CareTrust REIT Inc [CTRE] stock prices are up 0.04% to $25.98 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CTRE shares have gain 0.46% over the last week, with a monthly amount drifted -6.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CareTrust REIT Inc [NYSE: CTRE] stock has seen the most recent analyst activity on January 02, 2025, when Wedbush downgraded its rating to a Underperform and also revised its price target to $26 from $34. Previously, BMO Capital Markets downgraded its rating to Market Perform on December 09, 2024, and dropped its price target to $32. On October 01, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $34 on the stock. Wedbush started tracking the stock assigning a Neutral rating and suggested a price target of $26 on May 29, 2024. Deutsche Bank initiated its recommendation with a Hold and recommended $23 as its price target on January 30, 2024. Jefferies started tracking with a Buy rating for this stock on September 20, 2023, and assigned it a price target of $23. In a note dated September 12, 2023, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $19 to $23.
The stock price of CareTrust REIT Inc [CTRE] has been fluctuating between $22.27 and $33.15 over the past year. Currently, Wall Street analysts expect the stock to reach $25.5 within the next 12 months. CareTrust REIT Inc [NYSE: CTRE] shares were valued at $25.98 at the most recent close of the market. An investor can expect a potential drop of -1.85% based on the average CTRE price forecast.
Analyzing the CTRE fundamentals
The CareTrust REIT Inc [NYSE:CTRE] reported sales of 296.31M for trailing twelve months, representing a surge of 45.59%. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at 0.55%, Pretax Profit Margin comes in at 0.46%, and Net Profit Margin reading is 0.46%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.06 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
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 25.82 points at the first support level, and at 25.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.11, and for the 2nd resistance point, it is at 26.24.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 16.45, the price to book ratio is 1.67 and price to earnings (TTM) ratio is 33.19.
Transactions by insiders
Recent insider trading involved Wagner William M, CFO and Treasurer, that happened on Sep 04 ’24 when 35000.0 shares were sold. Officer, Wagner William M completed a deal on Sep 04 ’24 to buy 35000.0 shares.
