StockNews.com assumed protection on shares of SITE Facilities (NYSE:SITC – Free Report) in a analysis word issued to buyers on Monday morning. The agency issued a purchase score on the inventory.
A number of different equities analysts have additionally weighed in on the corporate. Morgan Stanley elevated their goal value on SITE Facilities from $56.00 to $57.00 and gave the corporate an equal weight score in a analysis word on Monday, September thirtieth. Truist Monetary elevated their goal value on SITE Facilities from $56.00 to $58.00 and gave the corporate a maintain score in a analysis word on Wednesday, August twenty eighth. Piper Sandler elevated their goal value on SITE Facilities from $256.00 to $288.00 and gave the corporate an obese score in a analysis word on Wednesday, July thirty first. Wells Fargo & Firm lowered SITE Facilities from an obese score to an equal weight score and lower their goal value for the corporate from $68.00 to $19.00 in a analysis word on Wednesday, October 2nd. Lastly, Stifel Nicolaus elevated their goal value on SITE Facilities from $65.00 to $65.25 and gave the corporate a purchase score in a analysis word on Thursday, September nineteenth. Seven analysis analysts have rated the inventory with a maintain score and three have given a purchase score to the corporate’s inventory. Primarily based on knowledge from MarketBeat, the inventory at present has a consensus score of Maintain and a median goal value of $110.54.
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SITE Facilities Buying and selling Down 0.6 %
Shares of SITC opened at $17.35 on Monday. The corporate has a fast ratio of seven.36, a present ratio of seven.36 and a debt-to-equity ratio of 0.70. SITE Facilities has a 12-month low of $16.50 and a 12-month excessive of $64.44. The agency has a market capitalization of $3.64 billion, a PE ratio of 17.22 and a beta of 1.64. The inventory’s fifty day easy shifting common is $102.60 and its 200-day easy shifting common is $184.96.
SITE Facilities (NYSE:SITC – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, July thirtieth. The corporate reported $17.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.84 by $13.92. SITE Facilities had a return on fairness of 23.05% and a internet margin of 91.77%. The enterprise had income of $113.48 million for the quarter, in comparison with analyst estimates of $113.23 million. Throughout the identical quarter within the prior 12 months, the agency posted $4.64 earnings per share. The agency’s income for the quarter was down 16.5% in comparison with the identical quarter final 12 months. As a gaggle, analysis analysts predict that SITE Facilities will submit 3.63 earnings per share for the present 12 months.
Institutional Buying and selling of SITE Facilities
Various hedge funds have not too long ago made adjustments to their positions in SITC. Frontier Capital Administration Co. LLC lifted its place in shares of SITE Facilities by 7.5% within the fourth quarter. Frontier Capital Administration Co. LLC now owns 2,800,420 shares of the corporate’s inventory valued at $38,170,000 after shopping for an extra 196,094 shares over the last quarter. Vanguard Group Inc. lifted its holdings in SITE Facilities by 2.0% through the 4th quarter. Vanguard Group Inc. now owns 30,339,767 shares of the corporate’s inventory value $413,531,000 after buying an extra 608,996 shares over the last quarter. Quadrature Capital Ltd acquired a brand new stake in SITE Facilities through the 4th quarter value roughly $526,000. Pensionfund DSM Netherlands lifted its holdings in SITE Facilities by 50.0% through the 1st quarter. Pensionfund DSM Netherlands now owns 30,000 shares of the corporate’s inventory value $440,000 after buying an extra 10,000 shares over the last quarter. Lastly, Pensionfund Sabic lifted its holdings in SITE Facilities by 100.0% through the 1st quarter. Pensionfund Sabic now owns 20,000 shares of the corporate’s inventory value $293,000 after buying an extra 10,000 shares over the last quarter. 88.70% of the inventory is owned by institutional buyers and hedge funds.
About SITE Facilities
SITE Facilities is an proprietor and supervisor of open-air buying facilities positioned in suburban, excessive family revenue communities. The Firm is a self-administered and self-managed REIT working as a completely built-in actual property firm, and is publicly traded on the New York Inventory Trade below the ticker image SITC.
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