UMH Properties Inc. (NYSE:UMH) has a beta of 1.03. The stock’s Relative Strength Index (RSI) is 50.86, with weekly volatility at 5.22% and ATR at 0.58. The UMH stock’s 52-week price range has touched low of $8.63 and a $16.64 high. Its shares traded higher over the last trading session, gaining 4.55% on 06/29/20. The shares fell to a low of $12.35 before closing at $12.86. Intraday shares traded counted 0.17 million, which was 17.4% higher than its 30-day average trading volume of 204.17K. UMH’s previous close was $12.30 while the outstanding shares total 41.17M.
Investors have identified the REIT – Residential company UMH Properties Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $543.21 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
UMH Properties Inc. (UMH) Fundamentals that are to be considered.
UMH were able to record -3.23 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 3.21 million. In cash movements, the company had a total of 17.3 million as operating cash flow.
Potential earnings growth for UMH Properties Inc. (UMH)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, UMH Properties Inc. recorded a total of 37.57 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 8.75% coming in sequential stages and their sales for the third quarter reducing by -0.46%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 31.82 million trying to sell their products during the last quarter, with the result yielding a gross income of 5.75 million. This allows shareholders to hold on to 41.17M with the revenue now reading -0.84 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.16 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.63 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on UMH sounds very interesting.
Is the stock of UMH attractive?
In related news, Director, Mitchell William Edward bought 412 shares of the company’s stock in a transaction that recorded on Jun 15. The purchase was performed at an average price of 12.13, for a total value of 5,000. As the purchase deal closes, the Director, Mitchell William Edward now bought 465 shares of the company’s stock, valued at 5,000. Also, Director, WOLGIN STEVEN B sold 500 shares of the company’s stock in a deal that was recorded on May 14. The shares were cost at an average price of 24.60 per share, with a total market value of 12,300. Following this completion of disposal, the Director, WOLGIN STEVEN B now holds 800 shares of the company’s stock, valued at 20,064. In the last 6 months, insiders have changed their ownership in shares of company stock by 8.20%.
4 out of 5 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on UMH Properties Inc.. 0 analysts has assigned a Sell rating on the UMH stock. The 12-month mean consensus price target for the company’s shares has been set at $16.00.