National Retail Properties Inc. (NYSE:NNN) Relative Strength Index (RSI) is 52.48, with weekly volatility at 1.96% and ATR at 0.96. The NNN stock’s 52-week price range has touched low of $31.06 and a $49.00 high. Intraday shares traded counted 0.86 million, which was 22.45% higher than its 30-day average trading volume of 1.11M. Its shares traded higher over the last trading session, gaining 0.92% on 05/25/21. The shares fell to a low of $45.37 before closing at $46.10. NNN’s previous close was $45.68 while the outstanding shares total 174.59M. The firm has a beta of 0.81, a 12-month trailing P/E ratio of 39.60, and a growth ratio of 3.96.
Investors have identified the REIT – Retail company National Retail 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 $8.15 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.
National Retail Properties Inc. (NNN) Fundamentals that are to be considered.
NNN were able to record 54.68 million as free cash flow during the 08/03/2021 quarter of the year, this saw their quarterly net cash flow reduce by 43.99 million. In cash movements, the company had a total of 161.17 million as operating cash flow.
Potential earnings growth for National Retail Properties Inc. (NNN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/03/2021 quarter of the year, National Retail Properties Inc. recorded a total of 179.78 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 2.62% coming in sequential stages and their sales for the 08/03/2021 quarter increasing by 9.17%.
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 67.34 million trying to sell their products during the last quarter, with the result yielding a gross income of 112.44 million. This allows shareholders to hold on to 174.59M with the recently reported earning now reading 0.30 cents per share. This is a figure that compared to analyst’s prediction for their 08/03/2021 (0.76 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.84 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 NNN sounds very interesting.
Is the stock of NNN attractive?
In related news, EVP & CFO, HABICHT KEVIN B sold 22,126 shares of the company’s stock in a transaction that recorded on Mar 30. The sale was performed at an average price of 44.29, for a total value of 979,905. As the sale deal closes, the President and CEO, WHITEHURST JULIAN E now sold 34,281 shares of the company’s stock, valued at 1,521,850. Also, EVP & Chief Accounting Officer, Miller Michelle Lynn sold 6,500 shares of the company’s stock in a deal that was recorded on Mar 12. The shares were price at an average price of 43.33 per share, with a total market value of 281,652. Following this completion of acquisition, the Executive Officer, Tessitore Christopher Paul now holds 30,000 shares of the company’s stock, valued at 1,266,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.
6 out of 14 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on National Retail Properties Inc.. 0 analysts has assigned a Sell rating on the NNN stock. The 12-month mean consensus price target for the company’s shares has been set at $49.68.