A share price of Phillips Edison & Company Inc [PECO] is currently trading at $35.44, up 1.84%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PECO shares have gain 3.17% over the last week, with a monthly amount glided 1.40%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Phillips Edison & Company Inc [NASDAQ: PECO] stock has seen the most recent analyst activity on November 13, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $44 for it. Previously, Wells Fargo upgraded its rating to Equal Weight on August 28, 2024, and elevated its price target to $37. On February 23, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $37 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $41 on January 30, 2024. Wells Fargo downgraded its rating to a Underweight but $35 remained the price target by the analyst firm on September 20, 2023. Wolfe Research downgraded its rating to Peer Perform for this stock on July 06, 2023. In a note dated May 24, 2023, Wells Fargo initiated an Equal Weight rating and provided a target price of $31 on this stock.
Phillips Edison & Company Inc experienced fluctuations in its stock price throughout the past year between $30.62 and $40.12. Currently, Wall Street analysts expect the stock to reach $36 within the next 12 months. Phillips Edison & Company Inc [NASDAQ: PECO] shares were valued at $35.44 at the most recent close of the market. An investor can expect a potential return of 1.58% based on the average PECO price forecast.
Analyzing the PECO fundamentals
Trailing Twelve Months sales for Phillips Edison & Company Inc [NASDAQ:PECO] were 682.81M which represents 10.08% growth. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.04.
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 34.95 points at the first support level, and at 34.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.77, and for the 2nd resistance point, it is at 36.10.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.18, the price to book ratio is 1.92 and price to earnings (TTM) ratio is 63.35.
