CareTrust REIT Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 1 out of 192 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 41.45.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of CareTrust REIT Inc is 9.34, ranking 1 out of 192 in the Residential & Commercial REITs industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 132.44M, representing a year-over-year increase of 71.16%, while its net profit experienced a year-over-year increase of 124.06%.
Key Metrics
The current valuation score of CareTrust REIT Inc is 8.39, ranking 43 out of 192 in the Residential & Commercial REITs industry. Its current P/E ratio is 27.36, which is 126.37% below the recent high of 61.93 and 1033.36% above the recent low of -255.32.
The current earnings forecast score of CareTrust REIT Inc is 8.36, ranking 13 out of 192 in the Residential & Commercial REITs industry. The average price target is 39.50, with a high of 41.00 and a low of 37.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of CareTrust REIT Inc is 9.26, ranking 11 out of 192 in the Residential & Commercial REITs industry. Currently, the stock price is trading between the resistance level at 38.80 and the support level at 35.31, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of CareTrust REIT Inc is 10.00, ranking 1 out of 192 in the Residential & Commercial REITs industry. The latest institutional shareholding proportion is 93.74%, representing a quarter-over-quarter increase of 0.00%. The largest institutional shareholder is The Vanguard, holding a total of 32.98M shares, representing 14.77% of shares outstanding, with 2.65% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Residential & Commercial REITs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of CareTrust REIT Inc is 9.47, ranking 53 out of 192 in the Residential & Commercial REITs industry. The company's beta value is 0.78. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
