Phillips Edison & Company Inc (NASDAQ: PECO) is -4.03% lower on its value in year-to-date trading and has touched a low of $30.62 and a high of $40.12 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 PECO stock was last observed hovering at around $36.15 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $35.95, the stock is -1.29% and -1.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.76 million and changing -0.55% at the moment leaves the stock -0.35% off its SMA200. PECO registered 0.45% gain for a year compared to 6-month loss of -3.05%.
The stock witnessed a -2.47% gain in the last 1 month and extending the period to 3 months gives it a -8.06%, and is -3.36% 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 1.92% over the week and 1.85% over the month.
Phillips Edison & Company Inc (PECO) has around 300 employees, a market worth around $4.97B and $666.37M in sales. Current P/E ratio is 72.66 and Fwd P/E is 53.02. Profit margin for the company is 9.41%. Distance from 52-week low is 17.41% and -10.39% from its 52-week high. The company has generated returns on investments over the last 12 months (1.39%).
with sales reaching $170.59M over the same period.The EPS is expected to grow by 15.91% this year, but quarterly earnings will post 5.64% year-over-year. Quarterly sales are estimated to grow 5.76% in year-over-year returns.
Phillips Edison & Company Inc (PECO) Top Institutional Holders
The shares outstanding are 125.12M, and float is at 124.44M with Short Float at 3.04%.
The top institutional shareholder in the company is BLACKROCK INC. with over 21.41 million shares valued at $700.46 million. The investor’s holdings represent 17.5209% of the PECO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.23 million shares valued at $629.01 million to account for 15.7337 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 7.68 million shares representing 6.2796% and valued at over $251.05 million, while STATE STREET CORP holds 5.7684 of the shares totaling 7.05 million with a market value of $231.29 million.
Phillips Edison & Company Inc (PECO) Insider Activity
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