Eye On Growth: CATHERINE RICE Adds $119K Of Urban Edge Props Stock To Portfolio

CATHERINE RICE, Director at Urban Edge Props UE, reported an insider buy on May 8, according to a new SEC filing.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that RICE purchased 7,036 shares of Urban Edge Props. The total transaction amounted to $119,998.

The latest update on Thursday morning shows Urban Edge Props shares down by 0.0%, trading at $17.05.

About Urban Edge Props

Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through the collection of rent from a large number of tenants.

Breaking Down Urban Edge Props's Financial Performance

Positive Revenue Trend: Examining Urban Edge Props's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.24% as of 31 March, 2024, showcasing a substantial increase in 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.

Evaluating Earnings Performance:

• Gross Margin: The company faces challenges with a low gross margin of 65.78%, suggesting potential difficulties in cost control and profitability compared to its peers.

• Earnings per Share (EPS): Urban Edge Props's EPS is below the industry average. The company faced challenges with a current EPS of 0.02. This suggests a potential decline in earnings.

Debt Management: Urban Edge Props's debt-to-equity ratio is below the industry average. With a ratio of 1.51, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

In-Depth Valuation Examination:

• Price to Earnings (P/E) Ratio: The P/E ratio of 7.45 is lower than the industry average, implying a discounted valuation for Urban Edge Props's stock.

• Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 4.75, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.

• EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): Urban Edge Props's EV/EBITDA ratio at 7.39 suggests potential undervaluation, falling below industry averages.

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

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Navigating the Impact of Insider Transactions on Investments

Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.

From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.

While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.

A Closer Look at Important Transaction Codes

Navigating through the landscape of transactions, investors often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of Urban Edge Props's Insider Trades.

This article was generated by Benzinga's automated content engine and reviewed by an editor.