Avalonbay Communities Inc. (NYSE: AVB) is -3.35% lower on its value in year-to-date trading and has touched a low of $160.45 and a high of $198.65 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 AVB stock was last observed hovering at around $178.98 in the last trading session, with the day’s gains setting it 1.97%.
Currently trading at $180.95, the stock is -1.09% and 0.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing 1.10% at the moment leaves the stock 0.56% off its SMA200. AVB registered 3.98% gain for a year compared to 6-month gain of 1.50%.
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The stock witnessed a -0.88% loss in the last 1 month and extending the period to 3 months gives it a 1.44%, and is -2.77% 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 2.11% over the week and 1.73% over the month.
Avalonbay Communities Inc. (AVB) has around 3039 employees, a market worth around $25.70B and $2.82B in sales. Current P/E ratio is 27.68 and Fwd P/E is 34.14. Profit margin for the company is 32.83%. Distance from 52-week low is 12.78% and -8.91% from its 52-week high. The company has generated returns on investments over the last 12 months (4.73%).
The EPS is expected to shrink by -25.77% this year
The shares outstanding are 142.03M, and float is at 141.43M with Short Float at 1.04%.
Avalonbay Communities Inc. (AVB) Insider Activity
The most recent transaction is an insider sale by O’Shea Kevin P., the company’s Chief Financial Officer. SEC filings show that O’Shea Kevin P. sold 5,000 shares of the company’s common stock on Mar 08 ’24 at a price of $185.65 per share for a total of $0.93 million. Following the sale, the insider now owns 31308.0 shares.
Avalonbay Communities Inc. disclosed in a document filed with the SEC on Mar 07 ’24 that Lockridge Joanne M (Executive Vice President) sold a total of 1,750 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $185.10 per share for $0.32 million. Following the transaction, the insider now directly holds 21907.0 shares of the AVB stock.
Still, SEC filings show that on Aug 11 ’23, Lockridge Joanne M (Executive Vice President) disposed off 3,331 shares at an average price of $186.25 for $0.62 million. The insider now directly holds 21,558 shares of Avalonbay Communities Inc. (AVB).
