STORE Capital Corporation [NYSE: STOR] traded at a low on 06/11/20, posting a -7.48 loss after which it closed the day’ session at $22.26. The results of the trading session contributed to over 4445689 shares changing hands. Over the past one week, the price volatility of STORE Capital Corporation stands at 6.59% while the volatility over the past one month is 5.57%.
The market cap for STOR stock reached $5.42 billion, with 243.36 million shares outstanding and 242.49 million shares in the current float. Compared to the average trading volume of 6.43M shares, STOR reached a trading volume of 4445689 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about STORE Capital Corporation [STOR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for STOR shares is $25.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on STOR stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for STORE Capital Corporation shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on May 04, 2020. While these analysts kept the previous recommendation, Mizuho dropped their target price from $43 to $17. The new note on the price target was released on April 24, 2020, representing the official price target for STORE Capital Corporation stock. Previously, the target price had yet another drop from $36 to $15, while BMO Capital Markets kept a Market Perform rating on STOR stock. On January 16, 2020, analysts decreased their price target for STOR shares from 41 to 39.
The Average True Range (ATR) for STORE Capital Corporation is set at 1.57, with the Price to Sales ratio for STOR stock in the period of the last 12 months amounting to 7.89. The Price to Book ratio for the last quarter was 1.18, with the Price to Cash per share for the same quarter was set at 2.60.
How has STOR stock performed recently?
STORE Capital Corporation [STOR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.59. With this latest performance, STOR shares gained by 16.24% in over the last four-week period, additionally sinking by -43.53% over the last 6 months – not to mention a drop of -35.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for STOR stock in for the last two-week period is set at 54.07, with the RSI for the last a single of trading hit 51.06, and the three-weeks RSI is set at 53.26 for STORE Capital Corporation [STOR]. The present Moving Average for the last 50 days of trading for this stock 18.86, while it was recorded at 24.63 for the last single week of trading, and 31.82 for the last 200 days.
STORE Capital Corporation [STOR]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and STORE Capital Corporation [STOR] shares currently have an operating margin of +33.09 and a Gross Margin at +64.98. STORE Capital Corporation’s Net Margin is presently recorded at +42.61.
Return on Total Capital for STOR is now 2.94, given the latest momentum, and Return on Invested Capital for the company is 3.86. Return on Equity for this stock inclined to 6.82, with Return on Assets sitting at 3.69. When it comes to the capital structure of this company, STORE Capital Corporation [STOR] has a Total Debt to Total Equity ratio set at 80.72. Additionally, STOR Total Debt to Total Capital is recorded at 44.66, with Total Debt to Total Assets ending up at 43.64. Long-Term Debt to Equity for the company is recorded at 77.70, with the Long-Term Debt to Total Capital now at 42.99.
Reflecting on the efficiency of the workforce at the company, STORE Capital Corporation [STOR] managed to generate an average of $2,933,732 per employee. Receivables Turnover for the company is 1.35 with a Total Asset Turnover recorded at a value of 0.09.
Earnings analysis for STORE Capital Corporation [STOR]
With the latest financial reports released by the company, STORE Capital Corporation posted 0.3/share EPS, while the average EPS was predicted by analysts to be reported at 0.23/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 30.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for STOR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for STORE Capital Corporation go to 6.09%.
Insider trade positions for STORE Capital Corporation [STOR]
There are presently around $5,493 million, or 95.10% of STOR stock, in the hands of institutional investors. The top three institutional holders of STOR stocks are: VANGUARD GROUP INC with ownership of 31,319,270, which is approximately 0.615% of the company’s market cap and around 0.70% of the total institutional ownership; BERKSHIRE HATHAWAY INC, holding 18,621,674 shares of the stock with an approximate value of $448.04 million in STOR stocks shares; and PRINCIPAL FINANCIAL GROUP INC, currently with $412.42 million in STOR stock with ownership of nearly 26.648% of the company’s market capitalization.
Positions in STORE Capital Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 216 institutional holders increased their position in STORE Capital Corporation [NYSE:STOR] by around 33,000,610 shares. Additionally, 233 investors decreased positions by around 27,503,358 shares, while 41 investors held positions by with 167,804,946 shares. The mentioned changes placed institutional holdings at 228,308,914 shares, according to the latest SEC report filing. STOR stock had 53 new institutional investments in for a total of 3,277,174 shares, while 99 institutional investors sold positions of 5,555,988 shares during the same period.