Easterly Government Properties Inc. (NYSE:DEA) shares traded higher over the last trading session, gaining 1.98% on 05/20/21. The shares fell to a low of $20.14 before closing at $20.59. Intraday shares traded counted 0.51 million, which was 29.74% higher than its 30-day average trading volume of 720.93K. DEA’s previous close was $20.19 while the outstanding shares total 82.12M. The firm has a beta of 0.45, a 12-month trailing P/E ratio of 98.52. The stock’s Relative Strength Index (RSI) is 43.95, with weekly volatility at 1.79% and ATR at 0.37. The DEA stock’s 52-week price range has touched low of $19.64 and a $26.15 high.
Investors have identified the REIT – Office company Easterly Government 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 $1.73 billion, 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.
Easterly Government Properties Inc. (DEA) Fundamentals that are to be considered.
DEA were able to record -46.08 million as free cash flow during the 08/10/2021 quarter of the year, this saw their quarterly net cash flow reduce by -1.53 million. In cash movements, the company had a total of 26.01 million as operating cash flow.
Potential earnings growth for Easterly Government Properties Inc. (DEA)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/10/2021 quarter of the year, Easterly Government Properties Inc. recorded a total of 65.0 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 10.44% coming in sequential stages and their sales for the 08/10/2021 quarter reducing by -0.31%.
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 48.0 million trying to sell their products during the last quarter, with the result yielding a gross income of 17.0 million. This allows shareholders to hold on to 82.12M with the recently reported earning now reading 0.08 cents per share. This is a figure that compared to analyst’s prediction for their 08/10/2021 (0.33 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.32 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 DEA sounds very interesting.
Is the stock of DEA attractive?
In related news, Chairman, Crate Darrell W sold 2,000 shares of the company’s stock in a transaction that recorded on May 10. The sale was performed at an average price of 21.25, for a total value of 42,500. As the sale deal closes, the Chairman, Crate Darrell W now sold 5,000 shares of the company’s stock, valued at 108,100. Also, President & CEO, Trimble William C. sold 9,000 shares of the company’s stock in a deal that was recorded on Apr 16. The shares were price at an average price of 21.51 per share, with a total market value of 193,590. Following this completion of acquisition, the Chairman, Crate Darrell W now holds 3,000 shares of the company’s stock, valued at 64,500. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
4 out of 7 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Easterly Government Properties Inc.. 0 analysts has assigned a Sell rating on the DEA stock. The 12-month mean consensus price target for the company’s shares has been set at $25.79.