Analysts predict Industrial Logistics Properties Trust (ILPT) stock to reach $10 in the next 12 months

Industrial Logistics Properties Trust [ILPT] stock is trading at $3.51, up 2.03%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ILPT shares have gain 0.57% over the last week, with a monthly amount drifted -10.69%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Industrial Logistics Properties Trust [NASDAQ: ILPT] stock has seen the most recent analyst activity on May 18, 2022, when JMP Securities downgraded its rating to a Mkt Perform. Previously, Berenberg started tracking the stock with Hold rating on October 20, 2021, and set its price target to $28. On April 26, 2021, BTIG Research initiated with a Neutral rating. RBC Capital Mkts downgraded its rating to a Sector Perform and reduced its price target to $22 on August 07, 2019. BofA/Merrill downgraded its rating to Underperform for this stock on January 03, 2019. In a note dated June 22, 2018, BofA/Merrill downgraded an Neutral rating on this stock.

Industrial Logistics Properties Trust [ILPT] stock has fluctuated between $3.15 and $5.45 over the past year. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Industrial Logistics Properties Trust [NASDAQ: ILPT] shares were valued at $3.51 at the most recent close of the market. An investor can expect a potential return of 184.9% based on the average ILPT price forecast.

Analyzing the ILPT fundamentals

Industrial Logistics Properties Trust [NASDAQ:ILPT] reported sales of 442.32M for the trailing twelve months, which represents a growth of 1.49%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at -0.32%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.16 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of7.68.

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 3.41 points at the first support level, and at 3.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.59, and for the 2nd resistance point, it is at 3.67.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 0.41.

Transactions by insiders

Recent insider trading involved PHELAN KEVIN C, Director, that happened on Aug 02 ’24 when 2000.0 shares were purchased.

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