Essential Properties Realty Trust Inc (NYSE: EPRT): Retirees Don’t Worry About Volatility

Essential Properties Realty Trust Inc (NYSE:EPRT) currently has a daily average trading volume of 1.46M but it saw 2040799 shares traded in last market. With a market cap of 5.94B USD, the company’s current market price of $33.88 came rising about 0.68 while comparing to the previous closing price of $33.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $33.95 and as low as $20.49. In the recent trading on the day, stock has struck highest price mark of $33.28 while lowest mark touched by it was $34.005.

Taking a look at 20-day trading activity of Essential Properties Realty Trust Inc (EPRT) gives us an average price of $32.24, while its current price level is -0.21% below from 52-week high level whereas it is 65.35% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $30.86 while that of 200 days or SMA-200 reads an average of $27.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.95% during that period while stretching the period over a month that decreases to 1.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 81.24 which implies that the stock is in overbought territory.

Evercore ISI downgraded its recommendation for the stock as a “In-line” from “Outperform” on July 17, 2024 while assigning a price target range of $30-$32. Goldman also issued its recommendations for the stock as it initiated the price target for the stock is $33.

Over the week, EPRT’s stock price is moving 4.60% up while it is 10.25% when we observe its performance for the past one month. Year-to-date it is 32.55% up and over the past year, the stock is showing an upside performance of 44.72%.

Currently, Essential Properties Realty Trust Inc’s total number of outstanding shares is 175.33M. Company’s return on investment (ROI) stands at 3.73% and return on equity (ROE) at 6.40%. It has a price to earnings ratio (P/E ratio) of 28.98 while having a 26.77 of forward P/E ratio. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 1.83 while price to sale or P/S ratio amounts to 14.77. Its return on asset (ROA) is 4.04% on average.