Alexander’s Inc [NYSE: ALX] price surged by 0.47 percent to reach at $1.06.
A sum of 115858 shares traded at recent session while its average daily volume was at 27.79K shares. Alexander’s Inc shares reached a high of $230.06 and dropped to a low of $226.0 until finishing in the latest session at $227.94.
The one-year ALX stock forecast points to a potential downside of -38.15. The average equity rating for ALX stock is currently 5.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Alexander’s Inc [ALX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALX shares is $165.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALX stock is a recommendation set at 5.00. 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.
Piper Sandler have made an estimate for Alexander’s Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on November 01, 2021. The new note on the price target was released on August 03, 2020, representing the official price target for Alexander’s Inc stock. Previously, the target price had yet another drop from $300 to $280, while Piper Sandler kept a Underweight rating on ALX stock.
The Average True Range (ATR) for Alexander’s Inc is set at 5.23, with the Price to Sales ratio for ALX stock in the period of the last 12 months amounting to 5.29. The Price to Book ratio for the last quarter was 7.14, with the Price to Cash per share for the same quarter was set at 73.94. Price to Free Cash Flow for ALX in the course of the last twelve months was 21.97 with Quick ratio for the last quarter at 10.93.
ALX Stock Performance Analysis:
Alexander’s Inc [ALX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.48. With this latest performance, ALX shares gained by 3.17% in over the last four-week period, additionally plugging by 7.13% over the last 6 months – not to mention a rise of 6.89% in the past year of trading.
Insight into Alexander’s Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Alexander’s Inc [ALX] shares currently have an operating margin of 34.48% and a Gross Margin at 36.38%. Alexander’s Inc’s Net Margin is presently recorded at 18.03%.
Return on Equity for this stock inclined to 2.91%, with Return on Assets sitting at 2.91%.
Alexander’s Inc [ALX] Institutonal Ownership Details
There are presently around $32.79%, or 78.77%% of ALX stock, in the hands of institutional investors. The top three institutional holders of ALX stocks are: GOLDMAN SACHS GROUP INC with ownership of 0.36 million shares, which is approximately 7.0075%. VANGUARD GROUP INC, holding 0.32 million shares of the stock with an approximate value of $$71.38 million in ALX stocks shares; and VANGUARD GROUP INC, currently with $$40.1 million in ALX stock with ownership which is approximately 3.475%.
