Saturday, November 28, 2020

why American Campus Communities Inc. [ACC] is a Good Choice for Investors After New Price Target of $38.88

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American Campus Communities Inc. [NYSE: ACC] jumped around 0.53 points on Tuesday, while shares priced at $37.58 at the close of the session, up 1.43%. The company report on October 27, 2020 that American Campus Communities, Inc. Reports Third Quarter 2020 Financial Results.

American Campus Communities, Inc. (NYSE:ACC) today announced the following financial results for the quarter ended September 30, 2020.


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Highlights .

American Campus Communities Inc. stock is now -20.09% down from its year-to-date (YTD) trading value. ACC Stock saw the intraday high of $38.02 and lowest of $37.05 per share. The company’s 52-week high price is 50.33, which means current price is +86.69% above from all time high which was touched on 02/25/20.

Compared to the average trading volume of 1.04M shares, ACC reached a trading volume of 1116781 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about American Campus Communities Inc. [ACC]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACC shares is $38.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACC 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.

KeyBanc Capital Markets have made an estimate for American Campus Communities Inc. shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on October 05, 2020. The new note on the price target was released on September 21, 2020, representing the official price target for American Campus Communities Inc. stock. Previously, the target price had yet another drop from $52 to $38, while Goldman kept a Buy rating on ACC stock. On March 25, 2020, analysts decreased their price target for ACC shares from 49 to 37.

The Average True Range (ATR) for American Campus Communities Inc. is set at 1.11, with the Price to Sales ratio for ACC stock in the period of the last 12 months amounting to 5.56. The Price to Book ratio for the last quarter was 1.60, with the Price to Cash per share for the same quarter was set at 0.23. Price to Free Cash Flow for ACC in the course of the last twelve months was 50.42.

How has ACC stock performed recently?

American Campus Communities Inc. [ACC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.33. With this latest performance, ACC shares gained by 7.25% in over the last four-week period, additionally plugging by 4.56% over the last 6 months – not to mention a drop of -24.66% 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 ACC stock in for the last two-week period is set at 58.36, with the RSI for the last a single of trading hit 59.17, and the three-weeks RSI is set at 56.37 for American Campus Communities Inc. [ACC]. The present Moving Average for the last 50 days of trading for this stock 35.44, while it was recorded at 37.33 for the last single week of trading, and 36.11 for the last 200 days.

American Campus Communities Inc. [ACC]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and American Campus Communities Inc. [ACC] shares currently have an operating margin of +8.58 and a Gross Margin at +24.11. American Campus Communities Inc.’s Net Margin is presently recorded at +8.82.

Return on Total Capital for ACC is now 1.15, given the latest momentum, and Return on Invested Capital for the company is 1.27. Return on Equity for this stock inclined to 2.45, with Return on Assets sitting at 1.14. When it comes to the capital structure of this company, American Campus Communities Inc. [ACC] has a Total Debt to Total Equity ratio set at 117.49. Additionally, ACC Total Debt to Total Capital is recorded at 54.02, with Total Debt to Total Assets ending up at 51.20. Long-Term Debt to Equity for the company is recorded at 103.59, with the Long-Term Debt to Total Capital now at 47.63.

Reflecting on the efficiency of the workforce at the company, American Campus Communities Inc. [ACC] managed to generate an average of $26,830 per employee. Receivables Turnover for the company is 24.58 with a Total Asset Turnover recorded at a value of 0.13.

Earnings analysis for American Campus Communities Inc. [ACC]

With the latest financial reports released by the company, American Campus Communities Inc. posted 0.14/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1,500.00%. 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 ACC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Campus Communities Inc. go to 17.62%.

Insider trade positions for American Campus Communities Inc. [ACC]

There are presently around $5,023 million, or 98.60% of ACC stock, in the hands of institutional investors. The top three institutional holders of ACC stocks are: VANGUARD GROUP INC with ownership of 19,751,257, which is approximately -2.471% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 16,189,135 shares of the stock with an approximate value of $608.39 million in ACC stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $334.59 million in ACC stock with ownership of nearly 0.646% of the company’s market capitalization.

Positions in American Campus Communities Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 170 institutional holders increased their position in American Campus Communities Inc. [NYSE:ACC] by around 22,444,092 shares. Additionally, 170 investors decreased positions by around 18,888,229 shares, while 35 investors held positions by with 92,318,011 shares. The mentioned changes placed institutional holdings at 133,650,332 shares, according to the latest SEC report filing. ACC stock had 63 new institutional investments in for a total of 14,959,179 shares, while 50 institutional investors sold positions of 7,468,925 shares during the same period.

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