In the latest quarter, 12 analysts provided ratings for Essential Props Realty EPRT, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 4 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 1 | 3 | 2 | 0 | 0 |
| 3M Ago | 2 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $33.94, along with a high estimate of $37.00 and a low estimate of $30.00. Surpassing the previous average price target of $31.02, the current average has increased by 9.41%.
Diving into Analyst Ratings: An In-Depth Exploration
The analysis of recent analyst actions sheds light on the perception of Essential Props Realty by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Ki Bin Kim | Truist Securities | Raises | Buy | $36.00 | $33.00 |
| Connor Siversky | Wells Fargo | Raises | Overweight | $37.00 | $34.00 |
| Simon Yarmak | Stifel | Raises | Buy | $36.25 | $32.00 |
| Sheila McGrath | Evercore ISI Group | Raises | In-Line | $34.00 | $33.00 |
| Sheila McGrath | Evercore ISI Group | Raises | In-Line | $33.00 | $32.00 |
| James Feldman | Wells Fargo | Raises | Overweight | $34.00 | $31.00 |
| RJ Milligan | Raymond James | Raises | Outperform | $33.00 | $28.00 |
| Jay Kornreich | Wedbush | Announces | Outperform | $34.00 | - |
| Greg McGinniss | Scotiabank | Raises | Sector Perform | $30.00 | $28.00 |
| Ki Bin Kim | Truist Securities | Raises | Buy | $33.00 | $29.00 |
| Simon Yarmak | Stifel | Raises | Buy | $32.00 | $31.25 |
| Michael Goldsmith | UBS | Raises | Buy | $35.00 | $30.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Essential Props Realty. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Essential Props Realty compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Essential Props Realty's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Essential Props Realty's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Essential Props Realty analyst ratings.
All You Need to Know About Essential Props Realty
Essential Properties Realty Trust Inc is a real estate investment trust. It is an internally managed real estate company acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.
Breaking Down Essential Props Realty's Financial Performance
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Essential Props Realty's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 26.3%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Essential Props Realty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 47.04% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Essential Props Realty's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.59%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Essential Props Realty's ROA excels beyond industry benchmarks, reaching 1.0%. This signifies efficient management of assets and strong financial health.
Debt Management: Essential Props Realty's debt-to-equity ratio is below the industry average at 0.59, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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