NETSTREIT Corp. [NYSE: NTST] closed the trading session at $18.10 on 05/18/23. The day’s price range saw the stock hit a low of $17.79, while the highest price level was $18.15. The company report on April 26, 2023 at 4:05 PM that NETSTREIT Reports First Quarter 2023 Financial and Operating Results.
– Net Income of $0.03 and Adjusted Funds from Operations (“AFFO”)1 of $0.30 per diluted share2 –.
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The stocks have a year to date performance of -1.25 percent and weekly performance of 0.39 percent. The stock has been moved at -1.74 percent over the last six months. The stock has performed 2.32 percent around the most recent 30 days and changed -6.60 percent over the most recent 3-months.
If compared to the average trading volume of 689.00K shares, NTST reached to a volume of 1807223 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 NETSTREIT Corp. [NTST]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NTST shares is $22.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NTST stock is a recommendation set at 1.90. 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.
Scotiabank have made an estimate for NETSTREIT Corp. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on April 12, 2023. While these analysts kept the previous recommendation, Raymond James dropped their target price from $23 to $21. The new note on the price target was released on January 09, 2023, representing the official price target for NETSTREIT Corp. stock. On November 14, 2022, analysts decreased their price target for NTST shares from 22 to 21.
The Average True Range (ATR) for NETSTREIT Corp. is set at 0.36, with the Price to Sales ratio for NTST stock in the period of the last 12 months amounting to 10.55. The Price to Book ratio for the last quarter was 0.97, with the Price to Cash per share for the same quarter was set at 0.11. Price to Free Cash Flow for NTST in the course of the last twelve months was 99.19.
NTST stock trade performance evaluation
NETSTREIT Corp. [NTST] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.39. With this latest performance, NTST shares gained by 2.32% in over the last four-week period, additionally sinking by -1.74% over the last 6 months – not to mention a drop of -14.23% 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 NTST stock in for the last two-week period is set at 52.21, with the RSI for the last a single of trading hit 55.38, and the three-weeks RSI is set at 49.89 for NETSTREIT Corp. [NTST]. The present Moving Average for the last 50 days of trading for this stock 18.08, while it was recorded at 17.99 for the last single week of trading, and 18.99 for the last 200 days.
Earnings per share (EPS) analysis for NETSTREIT Corp. [NTST] stock
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 NTST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NETSTREIT Corp. go to 8.50%.