Netstreit Corp (NYSE: NTST) is -22.46% lower on its value in year-to-date trading and has touched a low of $14.27 and a high of $18.97 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 NTST stock was last observed hovering at around $14.28 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $13.84, the stock is -10.87% and -12.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -3.08% at the moment leaves the stock -16.51% off its SMA200. NTST registered -19.72% loss for a year compared to 6-month loss of -18.11%. The firm has a 50-day simple moving average (SMA 50) of $15.7612 and a 200-day simple moving average (SMA200) of $16.59375.
The stock witnessed a -13.17% gain in the last 1 month and extending the period to 3 months gives it a -14.88%, and is -7.61% 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 3.18% over the week and 2.06% over the month.
Netstreit Corp (NTST) has around 28 employees, a market worth around $1.14B and $156.31M in sales. Fwd P/E is 48.23. Profit margin for the company is -2.94%. Distance from 52-week low is -3.01% and -27.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.21%).
with sales reaching $43.29M over the same period.The EPS is expected to shrink by -135.70% this year, but quarterly earnings will post 22.97% year-over-year. Quarterly sales are estimated to grow 17.44% in year-over-year returns.
282.0 institutions hold shares in Netstreit Corp (NTST), with institutional investors hold 117.41% of the company’s shares. The shares outstanding are 81.58M, and float is at 81.15M with Short Float at 8.77%. Institutions hold 116.91% of the Float.
The top institutional shareholder in the company is COHEN & STEERS, INC. with over 9.23 million shares valued at $148.62 million. The investor’s holdings represent 12.5441 of the NTST Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.05 million shares valued at $129.55 million to account for 10.9347 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 7.68 million shares representing 10.4328 and valued at over $123.6 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 7.3888 of the shares totaling 5.44 million with a market value of $87.54 million.
Netstreit Corp (NTST) Insider Activity
The most recent transaction is an insider purchase by Donlan Daniel P, the company’s CFO and Treasurer. SEC filings show that Donlan Daniel P bought 1,200 shares of the company’s common stock on Aug 19 ’24 at a price of $16.20 per share for a total of $19440.0. Following the purchase, the insider now owns 10910.0 shares.
Netstreit Corp disclosed in a document filed with the SEC on May 16 ’24 that Minnis Todd (Director) sold a total of 6,250 shares of the company’s common stock. The trade occurred on May 16 ’24 and was made at $17.86 per share for $0.11 million. Following the transaction, the insider now directly holds 10359.0 shares of the NTST stock.
