Acadia Realty Trust (NYSE:AKR) has a beta of 1.49, a 12-month trailing P/E ratio of 406.73, and a growth ratio of 135.58. The stock’s Relative Strength Index (RSI) is 53.30, with weekly volatility at 2.39% and ATR at 0.62. The AKR stock’s 52-week price range has touched low of $9.10 and a $22.29 high. Its shares traded lower over the last trading session, losing -0.52% on 05/20/21. The shares fell to a low of $20.76 before closing at $21.15. Intraday shares traded counted 0.43 million, which was 37.44% higher than its 30-day average trading volume of 690.23K. AKR’s previous close was $21.26 while the outstanding shares total 86.32M.
Investors have identified the REIT – Retail company Acadia Realty Trust 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 $1.79 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.
Acadia Realty Trust (AKR) Fundamentals that are to be considered.
AKR were able to record 30.93 million as free cash flow during the 07/27/2021 quarter of the year, this saw their quarterly net cash flow reduce by -2.78 million. In cash movements, the company had a total of 30.93 million as operating cash flow.
Potential earnings growth for Acadia Realty Trust (AKR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/27/2021 quarter of the year, Acadia Realty Trust recorded a total of 69.39 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -2.92% coming in sequential stages and their sales for the 07/27/2021 quarter increasing by 0.55%.
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 60.71 million trying to sell their products during the last quarter, with the result yielding a gross income of 8.68 million. This allows shareholders to hold on to 86.32M with the recently reported earning now reading 0.06 cents per share. This is a figure that compared to analyst’s prediction for their 07/27/2021 (0.25 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.18 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 AKR sounds very interesting.
Is the stock of AKR attractive?
In related news, Director, LUSCOMBE WENDY W sold 1,523 shares of the company’s stock in a transaction that recorded on Apr 15. The sale was performed at an average price of 19.90, for a total value of 30,313. As the sale deal closes, the Sr. VP and General Counsel, Blacksberg Jason now sold 3,000 shares of the company’s stock, valued at 62,053. Also, Sr. VP, NAPOLITANO JOSEPH sold 5,000 shares of the company’s stock in a deal that was recorded on Mar 16. The shares were price at an average price of 20.60 per share, with a total market value of 102,995. Following this completion of acquisition, the Director, LUSCOMBE WENDY W now holds 1,000 shares of the company’s stock, valued at 20,912. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
3 out of 7 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Acadia Realty Trust. 1 analysts has assigned a Sell rating on the AKR stock. The 12-month mean consensus price target for the company’s shares has been set at $21.50.