Digital Realty Trust Inc. [NYSE: DLR] closed the trading session at $156.36 on 10/14/20. The day’s price range saw the stock hit a low of $155.385, while the highest price level was $158.28. The company report on October 1, 2020 that Digital Realty Develops Next-Generation Hybrid IT Solutions for Enterprises for AWS Outposts.
PlatformDIGITAL® delivers hybrid IT infrastructure designed to scale digital business with AWS Outposts.
Digital Realty (NYSE: DLR), a leading global provider of carrier- and cloud-neutral data center, colocation and interconnection solutions, announced today it has launched Data Hub featuring AWS Outposts. The Data Hub solution removes data gravity barriers for enterprises by enabling them to rapidly deploy critical Amazon Web Services (AWS) infrastructure at centers of data exchange globally on PlatformDIGITAL®.
The stocks have a year to date performance of 30.58 percent and weekly performance of 2.48 percent. The stock has been moved at 10.15 percent over the last six months. The stock has performed 6.17 percent around the most recent 30 days and changed 11.32 percent over the most recent 3-months.
If compared to the average trading volume of 1.43M shares, DLR reached to a volume of 1042127 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 Digital Realty Trust Inc. [DLR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DLR shares is $163.59 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DLR stock is a recommendation set at 2.20. 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.
BMO Capital Markets have made an estimate for Digital Realty Trust Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 16, 2020. While these analysts kept the previous recommendation, Berenberg raised their target price from $133 to $174. The new note on the price target was released on August 25, 2020, representing the official price target for Digital Realty Trust Inc. stock. Previously, the target price had yet another raise to $170, while TD Securities analysts kept a Hold rating on DLR stock.
The Average True Range (ATR) for Digital Realty Trust Inc. is set at 3.56, with the Price to Sales ratio for DLR stock in the period of the last 12 months amounting to 12.22. The Price to Book ratio for the last quarter was 2.69, with the Price to Cash per share for the same quarter was set at 1.90. Price to Free Cash Flow for DLR in the course of the last twelve months was 11573.25.
DLR stock trade performance evaluation
Digital Realty Trust Inc. [DLR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.48. With this latest performance, DLR shares gained by 6.17% in over the last four-week period, additionally plugging by 10.15% over the last 6 months – not to mention a rise of 20.47% 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 DLR stock in for the last two-week period is set at 59.93, with the RSI for the last a single of trading hit 64.04, and the three-weeks RSI is set at 57.88 for Digital Realty Trust Inc. [DLR]. The present Moving Average for the last 50 days of trading for this stock 151.08, while it was recorded at 157.72 for the last single week of trading, and 140.28 for the last 200 days.
Digital Realty Trust Inc. [DLR]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Digital Realty Trust Inc. [DLR] shares currently have an operating margin of +7.74 and a Gross Margin at +26.55. Digital Realty Trust Inc.’s Net Margin is presently recorded at +18.20.
Return on Total Capital for DLR is now 1.12, given the latest momentum, and Return on Invested Capital for the company is 2.80. Return on Equity for this stock inclined to 5.87, with Return on Assets sitting at 2.48. When it comes to the capital structure of this company, Digital Realty Trust Inc. [DLR] has a Total Debt to Total Equity ratio set at 111.28. Additionally, DLR Total Debt to Total Capital is recorded at 52.67, with Total Debt to Total Assets ending up at 47.66. Long-Term Debt to Equity for the company is recorded at 129.06, with the Long-Term Debt to Total Capital now at 52.21.
Reflecting on the efficiency of the workforce at the company, Digital Realty Trust Inc. [DLR] managed to generate an average of $374,039 per employee. Receivables Turnover for the company is 10.53 with a Total Asset Turnover recorded at a value of 0.14.
Earnings per share (EPS) analysis for Digital Realty Trust Inc. [DLR] stock
With the latest financial reports released by the company, Digital Realty Trust Inc. posted 0.24/share EPS, while the average EPS was predicted by analysts to be reported at 0.29/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -17.20%. 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 DLR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Digital Realty Trust Inc. go to 16.66%.
Digital Realty Trust Inc. [DLR]: Insider Ownership positions
There are presently around $42,983 million, or 89.95% of DLR stock, in the hands of institutional investors. The top three institutional holders of DLR stocks are: VANGUARD GROUP INC with ownership of 42,288,336, which is approximately 8.376% of the company’s market cap and around 0.33% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 24,111,873 shares of the stock with an approximate value of $3.77 billion in DLR stocks shares; and BLACKROCK INC., currently with $3.72 billion in DLR stock with ownership of nearly -3.194% of the company’s market capitalization.
Positions in Digital Realty Trust Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 485 institutional holders increased their position in Digital Realty Trust Inc. [NYSE:DLR] by around 22,344,070 shares. Additionally, 367 investors decreased positions by around 24,130,185 shares, while 94 investors held positions by with 228,421,569 shares. The mentioned changes placed institutional holdings at 274,895,824 shares, according to the latest SEC report filing. DLR stock had 127 new institutional investments in for a total of 3,827,373 shares, while 87 institutional investors sold positions of 2,340,202 shares during the same period.