At the time of writing, Plymouth Industrial Reit Inc [PLYM] stock is trading at $16.78, up 0.90%. An important factor to consider is whether the stock is rising or falling in short-term value. The PLYM shares have gain 0.18% over the last week, with a monthly amount glided 0.66%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Plymouth Industrial Reit Inc [NYSE: PLYM] stock has seen the most recent analyst activity on January 17, 2025, when Truist downgraded its rating to a Hold. Previously, Exane BNP Paribas downgraded its rating to Neutral on November 08, 2024, and kept the price target unchanged to $23. On March 27, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $22 on the stock. JMP Securities upgraded its rating to a Mkt Outperform but stick to its price target of $27 on January 22, 2024. JP Morgan downgraded its rating to a Underweight and raised its price target to $25 on December 18, 2023. Exane BNP Paribas upgraded its rating to Outperform for this stock on May 18, 2023, but kept the price target unchanged to $25. In a note dated April 13, 2023, JP Morgan initiated an Neutral rating and provided a target price of $23 on this stock.
For the past year, the stock price of Plymouth Industrial Reit Inc fluctuated between $16.06 and $24.12. Currently, Wall Street analysts expect the stock to reach $20.75 within the next 12 months. Plymouth Industrial Reit Inc [NYSE: PLYM] shares were valued at $16.78 at the most recent close of the market. An investor can expect a potential return of 23.66% based on the average PLYM price forecast.
Analyzing the PLYM fundamentals
According to Plymouth Industrial Reit Inc [NYSE:PLYM], the company’s sales were 198.35M for trailing twelve months, which represents an -6.33% plunge. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.73%, and Net Profit Margin reading is 0.7%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.28 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.11.
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 16.57 points at the first support level, and at 16.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.07, and for the 2nd resistance point, it is at 17.36.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.90, the price to book ratio is 1.31 and price to earnings (TTM) ratio is 5.49.
Transactions by insiders
Recent insider trading involved WHITE PENDLETON P. JR., Director, that happened on Nov 15 ’24 when 5000.0 shares were purchased. CEO, Witherell Jeffrey E completed a deal on Nov 15 ’24 to buy 2000.0 shares. Meanwhile, No longer a 10% owner MIRELF VI REIT Investments IV, sold 0.56 million shares on Aug 19 ’24.
