SITE Centers Corp [SITC] is 54.51% higher this YTD. Is it still time to buy?

TANH

SITE Centers Corp [NYSE: SITC] price plunged by -3.97 percent to reach at -$0.68.

The one-year SITC stock forecast points to a potential upside of 0.48. The average equity rating for SITC stock is currently 2.80, trading closer to a bullish pattern in the stock market.

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

Guru’s Opinion on SITE Centers Corp [SITC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SITC shares is $16.51 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SITC stock is a recommendation set at 2.80. 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 SITE Centers Corp shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on October 07, 2024. The new note on the price target was released on October 02, 2024, representing the official price target for SITE Centers Corp stock.

The Average True Range (ATR) for SITE Centers Corp is set at 0.51, with the Price to Sales ratio for SITC stock in the period of the last 12 months amounting to 1.82. The Price to Book ratio for the last quarter was 0.40, with the Price to Cash per share for the same quarter was set at 22.63. Price to Free Cash Flow for SITC in the course of the last twelve months was 6.72.

SITC Stock Performance Analysis:

SITE Centers Corp [SITC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.78. With this latest performance, SITC shares dropped by -3.69% in over the last four-week period, additionally plugging by 53.38% over the last 6 months – not to mention a rise of 89.23% 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 SITC stock in for the last two-week period is set at 56.75, with the RSI for the last a single of trading hit 16.51, and the three-weeks RSI is set at 15.66 for SITE Centers Corp [SITC]. The present Moving Average for the last 50 days of trading for this stock 40.74, while it was recorded at 16.88 for the last single week of trading, and 53.08 for the last 200 days.

SITC Stock EPS

With the latest financial reports released by the company, SITE Centers Corp posted 0.88/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.82. 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 SITC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SITE Centers Corp go to 40.00%.

SITE Centers Corp [SITC] Institutonal Ownership Details

There are presently around $93.04%, or 102.17%% of SITC stock, in the hands of institutional investors. The top three institutional holders of SITC stocks are: BLACKROCK INC. with ownership of 34.75 million shares, which is approximately 16.6047%. VANGUARD GROUP INC, holding 29.53 million shares of the stock with an approximate value of $$428.14 million in SITC stocks shares; and VANGUARD GROUP INC, currently with $$356.03 million in SITC stock with ownership which is approximately 11.7321%.

Most Popular