Urban Edge Properties [NYSE: UE] closed the trading session at $11.13 on 06/12/20. The day’s price range saw the stock hit a low of $10.67, while the highest price level was $11.36. The stocks have a year to date performance of -41.97 percent and weekly performance of -13.92 percent. The stock has been moved at -43.73 percent over the last six months. The stock has performed 38.61 percent around the most recent 30 days and changed -20.22 percent over the most recent 3-months.
If compared to the average trading volume of 1.59M shares, UE reached to a volume of 1296562 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Urban Edge Properties [UE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UE shares is $12.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UE stock is a recommendation set at 2.60. 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.
Evercore ISI have made an estimate for Urban Edge Properties shares, keeping their opinion on the stock as In-line, with their previous recommendation back on May 04, 2020. While these analysts kept the previous recommendation, Odeon raised their target price to Buy. The new note on the price target was released on April 08, 2020, representing the official price target for Urban Edge Properties stock. Previously, the target price had yet another raise to $21, while Evercore ISI analysts kept a Outperform rating on UE stock. On December 17, 2019, analysts decreased their price target for UE shares from 19 to 18.
The Average True Range (ATR) for Urban Edge Properties is set at 0.82, with the Price to Sales ratio for UE stock in the period of the last 12 months amounting to 3.28. The Price to Book ratio for the last quarter was 1.39, with the Price to Cash per share for the same quarter was set at 3.75.
UE stock trade performance evaluation
Urban Edge Properties [UE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.92. With this latest performance, UE shares gained by 38.61% in over the last four-week period, additionally sinking by -43.73% over the last 6 months – not to mention a drop of -36.65% 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 UE stock in for the last two-week period is set at 53.89, with the RSI for the last a single of trading hit 50.88, and the three-weeks RSI is set at 52.29 for Urban Edge Properties [UE]. The present Moving Average for the last 50 days of trading for this stock 9.80, while it was recorded at 11.87 for the last single week of trading, and 16.25 for the last 200 days.
Urban Edge Properties [UE]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Urban Edge Properties [UE] shares currently have an operating margin of +13.09 and a Gross Margin at +45.70. Urban Edge Properties’s Net Margin is presently recorded at +29.56.
Return on Total Capital for UE is now 1.87, given the latest momentum, and Return on Invested Capital for the company is 4.35. Return on Equity for this stock inclined to 11.69, with Return on Assets sitting at 3.88. When it comes to the capital structure of this company, Urban Edge Properties [UE] has a Total Debt to Total Equity ratio set at 168.02. Additionally, UE Total Debt to Total Capital is recorded at 62.69, with Total Debt to Total Assets ending up at 57.13. Long-Term Debt to Equity for the company is recorded at 166.29, with the Long-Term Debt to Total Capital now at 62.04.
Reflecting on the efficiency of the workforce at the company, Urban Edge Properties [UE] managed to generate an average of $935,308 per employee. Receivables Turnover for the company is 3.54 with a Total Asset Turnover recorded at a value of 0.13.
Earnings per share (EPS) analysis for Urban Edge Properties [UE] stock
With the latest financial reports released by the company, Urban Edge Properties posted 0.22/share EPS, while the average EPS was predicted by analysts to be reported at 0.11/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 100.00%. 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 UE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Urban Edge Properties go to 4.30%.
Urban Edge Properties [UE]: Insider Ownership positions
There are presently around $1,172 million, or 90.50% of UE stock, in the hands of institutional investors. The top three institutional holders of UE stocks are: VANGUARD GROUP INC with ownership of 17,592,505, which is approximately 0.564% of the company’s market cap and around 0.80% of the total institutional ownership; BLACKROCK INC., holding 16,220,352 shares of the stock with an approximate value of $180.53 million in UE stocks shares; and STATE STREET CORP, currently with $70.44 million in UE stock with ownership of nearly 4.807% of the company’s market capitalization.
Positions in Urban Edge Properties stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 106 institutional holders increased their position in Urban Edge Properties [NYSE:UE] by around 15,972,182 shares. Additionally, 109 investors decreased positions by around 23,858,333 shares, while 38 investors held positions by with 65,460,148 shares. The mentioned changes placed institutional holdings at 105,290,663 shares, according to the latest SEC report filing. UE stock had 25 new institutional investments in for a total of 7,710,011 shares, while 41 institutional investors sold positions of 2,626,603 shares during the same period.