Empire State Realty Trust Inc (NYSE:ESRT) currently has a daily average trading volume of 1.20M but it saw 1347861 shares traded in last market. With a market cap of 1.77B USD, the company’s current market price of $10.60 came falling about -0.09 while comparing to the previous closing price of $10.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.62 and as low as $8.31. In the recent trading on the day, stock has struck highest price mark of $10.595 while lowest mark touched by it was $10.785.
Taking a look at 20-day trading activity of Empire State Realty Trust Inc (ESRT) gives us an average price of $10.89, while its current price level is -8.78% below from 52-week high level whereas it is 27.61% 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 $10.86 while that of 200 days or SMA-200 reads an average of $10.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.13% during that period while stretching the period over a month that increases to 2.52%. 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 41.34 which implies that the stock is in neutral territory.
Evercore ISI upgraded its recommendation for the stock as a “Outperform” from “In-line” on May 23, 2023 while assigning a price target range of $7-$8. Evercore ISI also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $8 and $7.
Over the week, ESRT’s stock price is moving -3.28% down while it is -6.03% when we observe its performance for the past one month. Year-to-date it is 9.39% up and over the past year, the stock is showing an upside performance of 25.50%.
In next quarter, company is expected to be making quarterly sales of $181.23M as analysts are expecting the sales for current fiscal year at $755.72M and seeing the company making $767.8M in sales next year. Moreover, analysts are in estimates of $192.92M for current-quarter revenue.
Currently, Empire State Realty Trust Inc’s total number of outstanding shares is 162.06M. Company’s return on investment (ROI) stands at 1.28% and return on equity (ROE) at 4.95%. It has a price to earnings ratio (P/E ratio) of 38.88. Stock’s beta reads 1.42. Stock has a price to book (P/B) ratio of 1.74 while price to sale or P/S ratio amounts to 2.32. Its return on asset (ROA) is 1.15% on average.
