Wall Street predicts Equity Residential Properties Trust (EQR) stock to surge by 8.4%

Equity Residential Properties Trust [EQR] stock prices are up 1.15% to $75.02 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The EQR shares have gain 3.89% over the last week, with a monthly amount glided 7.57%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Equity Residential Properties Trust [NYSE: EQR] stock has seen the most recent analyst activity on December 17, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $83. Previously, Stifel upgraded its rating to Buy on November 13, 2024, and elevated its price target to $81.50. On September 24, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $82 on the stock. Exane BNP Paribas started tracking the stock assigning a Outperform rating and suggested a price target of $83 on September 11, 2024. Deutsche Bank upgraded its rating to a Buy and raised its price target to $83 on September 10, 2024. Goldman started tracking with a Neutral rating for this stock on September 04, 2024, and assigned it a price target of $81. In a note dated August 26, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and boosted its target price from $69 to $77.

The stock price of Equity Residential Properties Trust [EQR] has been fluctuating between $58.45 and $78.54 over the past year. Currently, Wall Street analysts expect the stock to reach $81.32 within the next 12 months. Equity Residential Properties Trust [NYSE: EQR] shares were valued at $75.02 at the most recent close of the market. An investor can expect a potential return of 8.4% based on the average EQR price forecast.

Analyzing the EQR fundamentals

The Equity Residential Properties Trust [NYSE:EQR] reported sales of 2.96B for trailing twelve months, representing a surge of 5.14%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.76.

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 74.00 points at the first support level, and at 72.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.83, and for the 2nd resistance point, it is at 76.64.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 9.91, the price to book ratio is 2.58 and price to earnings (TTM) ratio is 28.17.

Transactions by insiders

Recent insider trading involved Manelis Michael L, Executive Vice President & COO, that happened on Feb 06 ’25 when 9487.0 shares were sold. Chief Accounting Officer, Kaufman Ian completed a deal on Feb 06 ’25 to sell 642.0 shares. Meanwhile, EVP & Chief Financial Officer Garechana Robert sold 4294.0 shares on Feb 06 ’25.

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