Netstreit Corp [NYSE: NTST] plunged by -$0.2 during the normal trading session on while it closed the day at $16.04.
Netstreit Corp stock has also loss -1.96% of its value over the past 7 days. However, NTST stock has declined by -0.43% in the 3 months of the year. Over the past six months meanwhile, it has lost -8.66% and lost -10.14% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for NTST stock reached $1.24 billion, with 77.38 million shares outstanding and 77.02 million shares in the current float. Compared to the average trading volume of 1.08M shares, NTST reached a trading volume of 3343488 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 $18.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NTST stock is a recommendation set at 1.92. 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.
Raymond James have made an estimate for Netstreit Corp shares, keeping their opinion on the stock as Strong Buy, with their previous recommendation back on August 21, 2024. While these analysts kept the previous recommendation, Wedbush raised their target price to Neutral. The new note on the price target was released on August 19, 2024, representing the official price target for Netstreit Corp stock.
The Average True Range (ATR) for Netstreit Corp is set at 0.35, with the Price to Sales ratio for NTST stock in the period of the last 12 months amounting to 8.34. The Price to Book ratio for the last quarter was 0.95, with the Price to Cash per share for the same quarter was set at 0.18.
NTST stock trade performance evaluation
Netstreit Corp [NTST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.96. With this latest performance, NTST shares dropped by -5.20% in over the last four-week period, additionally sinking by -8.66% over the last 6 months – not to mention a rise of 5.60% 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 36.71, with the RSI for the last a single of trading hit 30.25, and the three-weeks RSI is set at 40.74 for Netstreit Corp [NTST]. The present Moving Average for the last 50 days of trading for this stock 16.45, while it was recorded at 16.35 for the last single week of trading, and 17.13 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 7.40%.
Netstreit Corp [NTST]: Institutional Ownership
There are presently around $119.50%, or 120.03%% of NTST stock, in the hands of institutional investors. The top three institutional holders of NTST stocks are: COHEN & STEERS, INC. with ownership of 9.23 million shares, which is approximately 12.5441%. BLACKROCK INC., holding 8.05 million shares of the stock with an approximate value of $$129.55 million in NTST stocks shares; and BLACKROCK INC., currently with $$123.6 million in NTST stock with ownership which is approximately 10.4328%.
