Alexander & Baldwin Inc. (NYSE: ALEX) is -30.73% lower on its value in year-to-date trading and has touched a low of $17.05 and a high of $26.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALEX stock was last observed hovering at around $17.56 in the last trading session, with the day’s loss setting it -0.18% off its average median price target of $22.00 for the next 12 months. It is also 50.34% off the consensus price target high of $35.00 offered by 3 analysts, but current levels are 21.0% higher than the price target low of $22.00 for the same period.
Currently trading at $17.38, the stock is -2.60% and -9.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing -1.03% at the moment leaves the stock -22.35% off its SMA200. ALEX registered -6.76% loss for a year compared to 6-month loss of -28.39%. The firm has a 50-day simple moving average (SMA 50) of $4.50 and a 200-day simple moving average (SMA200) of $15.93.
The stock witnessed a -6.00% gain in the last 1 month and extending the period to 3 months gives it a -22.76%, and is -0.74% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.22% over the week and 2.43% over the month.
Alexander & Baldwin Inc. (ALEX) has around 611 employees, a market worth around $1.24B and $396.50M in sales. Current P/E ratio is 34.35 and Fwd P/E is 22.72. Profit margin for the company is 9.00%. Distance from 52-week low is 1.94% and -34.59% from its 52-week high. The company has generated returns on investments over the last 12 months (3.00%).
Alexander & Baldwin Inc. (ALEX) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Alexander & Baldwin Inc. (ALEX) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Alexander & Baldwin Inc. is expected to release its quarterly report on 11/03/2022.The EPS is expected to grow by 473.00% this year.
Alexander & Baldwin Inc. (ALEX) Top Institutional Holders
The shares outstanding are 72.60M, and float is at 71.76M with Short Float at 1.49%.
Alexander & Baldwin Inc. (ALEX) Insider Activity
A total of 34 insider transactions have happened at Alexander & Baldwin Inc. (ALEX) in the last six months, with sales accounting for 20 and purchases happening 14 times.
Alexander & Baldwin Inc. (ALEX): Who are the competitors?
The company’s main competitors (and peers) include Genco Shipping & Trading Limited (GNK) that is trading 9.91% up over the past 12 months.