Caretrust Reit Stock Analysis

CareTrust Stock Analysis Notes

About 92.0% of the company shares are held by institutions such as insurance companies. The book value of CareTrust REIT was currently reported as 10.9. The company has Price/Earnings To Growth (PEG) ratio of 1.26. CareTrust REIT last dividend was issued on the 27th of March 2024. CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. Caretrust REIT operates under REITHealthcare Facilities classification in the United States and is traded on New York Stock Exchange. It employs 16 people. For more info on CareTrust REIT please contact Gregory Stapley at 949 542 3130 or go to https://www.caretrustreit.com.

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CareTrust Stock Institutional Investors

Note, although CareTrust REIT's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

CareTrust Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CareTrust REIT's market, we take the total number of its shares issued and multiply it by CareTrust REIT's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

CareTrust Profitablity

The company has Profit Margin (PM) of 0.25 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.63 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.63.

Management Efficiency

CareTrust REIT has return on total asset (ROA) of 0.0456 % which means that it generated a profit of $0.0456 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0474 %, meaning that it created $0.0474 on every $100 dollars invested by stockholders. CareTrust REIT's management efficiency ratios could be used to measure how well CareTrust REIT manages its routine affairs as well as how well it operates its assets and liabilities. As of April 23, 2024, Return On Tangible Assets is expected to decline to 0.02. In addition to that, Return On Capital Employed is expected to decline to 0.05. At present, CareTrust REIT's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 5.5 M, whereas Non Current Assets Total are forecasted to decline to about 1.3 B.

Technical Drivers

As of the 23rd of April, CareTrust REIT shows the Mean Deviation of 0.9063, risk adjusted performance of 0.0764, and Downside Deviation of 1.16. CareTrust REIT technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for CareTrust REIT, which can be compared to its peers. Please confirm CareTrust REIT treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if CareTrust REIT is priced correctly, providing market reflects its regular price of 23.59 per share. Given that CareTrust REIT has jensen alpha of 0.0888, we suggest you to validate CareTrust REIT's prevailing market performance to make sure the company can sustain itself at a future point.

CareTrust REIT Price Movement Analysis

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CareTrust REIT Predictive Daily Indicators

CareTrust REIT Corporate Filings

CareTrust REIT Forecast Models

CareTrust REIT's time-series forecasting models are one of many CareTrust REIT's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CareTrust REIT's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how CareTrust REIT prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CareTrust shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as CareTrust REIT. By using and applying CareTrust Stock analysis, traders can create a robust methodology for identifying CareTrust entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CareTrust analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. CareTrust analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

CareTrust REIT stock analysis indicators help investors evaluate how CareTrust REIT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading CareTrust REIT shares will generate the highest return on investment. By understating and applying CareTrust REIT stock analysis, traders can identify CareTrust REIT position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

When running CareTrust REIT's price analysis, check to measure CareTrust REIT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareTrust REIT is operating at the current time. Most of CareTrust REIT's value examination focuses on studying past and present price action to predict the probability of CareTrust REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareTrust REIT's price. Additionally, you may evaluate how the addition of CareTrust REIT to your portfolios can decrease your overall portfolio volatility.

Is CareTrust REIT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareTrust REIT. If investors know CareTrust will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CareTrust REIT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of CareTrust REIT is measured differently than its book value, which is the value of CareTrust that is recorded on the company's balance sheet. Investors also form their own opinion of CareTrust REIT's value that differs from its market value or its book value, called intrinsic value, which is CareTrust REIT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CareTrust REIT's market value can be influenced by many factors that don't directly affect CareTrust REIT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CareTrust REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareTrust REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareTrust REIT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.