Shares of Realty Income Corporation (NYSE:O) recorded 3.39% gain during trading session on December 6th, 2018. The script traded as low as $63.65 and last traded at $66.21. 3.95 million shares changed exchanged hands during trading, a drop of -71.77% from the 30-day average session volume of 2.30M shares. The firm had previously closed at $64.04. The company has $294.06M outstanding shares, a price-to-earnings ratio of 55.83, price-to-earnings-growth ratio of 15.02 and a beta of 0.04. The company has a RSI of 73.49, ATR of 1.14 and a volatility of 2.02% this week. O has a 52 week low price of $47.25 and a 52 week high price of $65.20.
Investors have identified the tech company Realty Income Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 19.47B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Realty Income Corporation (O) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For O, the company has in raw cash 2.61 billion on their books with 2.51 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 38.29 million total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
O were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 0. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for Realty Income Corporation (O)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Realty Income Corporation recorded a total of 338.08 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.09% coming in sequential stages and their sales for the third quarter increasing by 0.03%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 245.31 million trying to sell their products during the last quarter, with the result yielding a gross income of 92.77 million. This allows shareholders to hold on to 294.06M with the revenue now reading 340 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.81 cents a share).
Is the stock of O attractive?
Having a look at the company’s valuation, the company is expected to record 3.30 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on O sounds very interesting.
In related news, Director Chapman A. Larry sold 9,000 shares of the company’s stock in a transaction that recorded on August 24th, 2018. The sale was performed at an average price of 58.56, for a total value of 527,040. As the sale deal closes, the Director Chapman A. Larry now sold 3,100 shares of the company’s stock, valued at 179,800. Also, EVP CFO & Treasure MEURER PAUL M sold 13,285 shares of the company’s stock in a deal that was recorded on August 6th, 2018. The shares were sold at an average price of 57.62 per share, with a total market value of 37,160. Following this completion of acquisition, the President & COO now holds 18,682 shares of the company’s stock, valued at 1,074,028. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
4 out of 17 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Realty Income Corporation stock. 1 analysts has assigned a Sell rating on the O stock. The 12-month mean consensus price target for the company’s shares has been set at $61.92.