Across the recent three months, 5 analysts have shared their insights on Netstreit NTST, expressing a variety of opinions spanning from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 1 | 1 | 1 | 0 |
Last 30D | 0 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 1 | 0 |
3M Ago | 2 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $18.0, a high estimate of $22.00, and a low estimate of $14.00. A 6.88% drop is evident in the current average compared to the previous average price target of $19.33.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of Netstreit among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Andrew Rosivach | Wolfe Research | Announces | Outperform | $22.00 | - |
Nate Crossett | Exane BNP Paribas | Announces | Neutral | $17.00 | - |
Todd Thomas | Keybanc | Raises | Underweight | $14.00 | $13.00 |
Ki Bin Kim | Truist Securities | Lowers | Buy | $18.00 | $22.00 |
Michael Gorman | BTIG | Lowers | Buy | $19.00 | $23.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Netstreit. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Netstreit compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Netstreit's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Netstreit's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Netstreit analyst ratings.
If you are interested in following small-cap stock news and performance you can start by tracking it here.
Discovering Netstreit: A Closer Look
Netstreit Corp is structured as an umbrella partnership real estate investment trust. The company acquires, owns and manages commercial single-tenant lease properties, with the majority being long-term triple-net leases where the tenant is generally responsible for all improvements and contractually obligated to pay all operating costs (such as real estate taxes, utilities and repairs and maintenance costs).
Understanding the Numbers: Netstreit's Finances
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Netstreit's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 30.31%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Netstreit's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 13.29%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Netstreit's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 0.35%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Netstreit's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.23%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.49, Netstreit adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.