A share price of CareTrust REIT Inc [CTRE] is currently trading at $28.42, up 2.60%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CTRE shares have gain 9.94% over the last week, with a monthly amount glided 11.10%, and 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 March 13, 2025, when Deutsche Bank upgraded its rating to a Buy but kept the price target unchanged to $31 for it. Previously, Wedbush downgraded its rating to Underperform on January 02, 2025, and dropped its price target to $26. On December 09, 2024, downgrade downgraded it’s rating to Market Perform and revised its price target to $32 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $34 on October 01, 2024. Wedbush initiated its recommendation with a Neutral and recommended $26 as its price target on May 29, 2024. Deutsche Bank started tracking with a Hold rating for this stock on January 30, 2024, and assigned it a price target of $23. In a note dated September 20, 2023, Jefferies initiated an Buy rating and provided a target price of $23 on this stock.
CareTrust REIT Inc experienced fluctuations in its stock price throughout the past year between $23.13 and $33.15. 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 $28.42 at the most recent close of the market. An investor can expect a potential drop of -10.27% based on the average CTRE price forecast.
Analyzing the CTRE fundamentals
Trailing Twelve Months sales for CareTrust REIT Inc [NYSE:CTRE] were 296.31M which represents 45.59% growth. 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 27.93 points at the first support level, and at 27.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.69, and for the 2nd resistance point, it is at 28.96.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 18.00, the price to book ratio is 1.83 and price to earnings (TTM) ratio is 36.31.
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.
