Urban Edge Properties (NYSE:UE) Relative Strength Index (RSI) is 60.95, with weekly volatility at 1.76% and ATR at 0.41. The UE stock’s 52-week price range has touched low of $8.68 and a $20.33 high. Intraday shares traded counted 0.72 million, which was -9.21% lower than its 30-day average trading volume of 658.66K. Its shares traded lower over the last trading session, losing -0.25% on 06/16/21. The shares fell to a low of $19.85 before closing at $20.00. UE’s previous close was $20.05 while the outstanding shares total 116.96M. The firm has a beta of 1.81, a 12-month trailing P/E ratio of 36.23, and a growth ratio of 8.43.
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Investors have identified the REIT – Diversified company Urban Edge Properties 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 $2.32 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.
Urban Edge Properties (UE) Fundamentals that are to be considered.
UE were able to record 11.02 million as free cash flow during the 08/04/2021 quarter of the year, this saw their quarterly net cash flow reduce by -42.33 million. In cash movements, the company had a total of 18.82 million as operating cash flow.
Potential earnings growth for Urban Edge Properties (UE)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/04/2021 quarter of the year, Urban Edge Properties recorded a total of 95.66 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 2.41% coming in sequential stages and their sales for the 08/04/2021 quarter increasing by 8.76%.
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 71.74 million trying to sell their products during the last quarter, with the result yielding a gross income of 23.92 million. This allows shareholders to hold on to 116.96M with the recently reported earning now reading 0.17 cents per share. This is a figure that compared to analyst’s prediction for their 08/04/2021 (0.26 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.16 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 UE sounds very interesting.
Is the stock of UE attractive?
In related news, General Counsel and Secretary, Milton Robert C. III sold 6,766 shares of the company’s stock in a transaction that recorded on Mar 12. The sale was performed at an average price of 17.55, for a total value of 118,743. As the sale deal closes, the Chief Investment Officer, Eilberg Herbert now sold 8,000 shares of the company’s stock, valued at 142,800. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
1 out of 4 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Urban Edge Properties. 1 analysts has assigned a Sell rating on the UE stock. The 12-month mean consensus price target for the company’s shares has been set at $19.56.
