Equity LifeStyle Properties Inc. (NYSE:ELS) has a beta of 0.51, a 12-month trailing P/E ratio of 64.39, and a growth ratio of 9.20. The stock’s Relative Strength Index (RSI) is 68.93, with weekly volatility at 1.37% and ATR at 1.09. The ELS stock’s 52-week price range has touched low of $57.93 and a $76.79 high. Its shares traded higher over the last trading session, gaining 0.74% on 06/17/21. The shares fell to a low of $75.048 before closing at $75.79. Intraday shares traded counted 0.74 million, which was 12.76% higher than its 30-day average trading volume of 843.52K. ELS’s previous close was $75.23 while the outstanding shares total 181.94M.
Investors have identified the REIT – Residential company Equity LifeStyle 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 $13.90 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.
Equity LifeStyle Properties Inc. (ELS) Fundamentals that are to be considered.
ELS were able to record -179.05 million as free cash flow during the 07/26/2021 quarter of the year, this saw their quarterly net cash flow reduce by 67.47 million. In cash movements, the company had a total of 173.33 million as operating cash flow.
Potential earnings growth for Equity LifeStyle Properties Inc. (ELS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/26/2021 quarter of the year, Equity LifeStyle Properties Inc. recorded a total of 296.04 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 5.26% coming in sequential stages and their sales for the 07/26/2021 quarter increasing by 8.16%.
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 198.86 million trying to sell their products during the last quarter, with the result yielding a gross income of 97.18 million. This allows shareholders to hold on to 181.94M with the recently reported earning now reading 0.36 cents per share. This is a figure that compared to analyst’s prediction for their 07/26/2021 (0.64 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.51 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 ELS sounds very interesting.
Is the stock of ELS attractive?
In related news, EVP & Chief Financial Officer, Seavey Paul sold 17,836 shares of the company’s stock in a transaction that recorded on Aug 05. The sale was performed at an average price of 66.53, for a total value of 1,186,577. As the sale deal closes, the EVP & Chief Financial Officer, Seavey Paul now sold 17,836 shares of the company’s stock, valued at 1,186,577. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.30%.
6 out of 10 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Equity LifeStyle Properties Inc.. 0 analysts has assigned a Sell rating on the ELS stock. The 12-month mean consensus price target for the company’s shares has been set at $74.70.