Cowen raised the price target for the Colony Capital Inc. (NYSE:CLNY) stock to “an Outperform”. The rating was released on February 22, 2021.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of -$0.56 during the last quarter as opposed to a consensus estimate of -$0.2, which indicates the company missed its estimate by -$0.36, which implies that the company surprised the market by -180.00%. It appears that the average earnings per share estimate for the current quarter (ending in Jun 2021) is -$0.26. This is an average of 4 analysts’ earnings, where the high earnings per share estimate is -$0.1 and the low earnings per share estimate is -$0.65. According to 4 analyst estimates, an average revenue estimate of $337.35M is projected for the current quarter with a high revenue estimate of $368.2M and a low estimate of $323.6M.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Colony Capital Inc. (NYSE:CLNY) raised 3.39% to close Thursday’s market session at $7.02, higher as compared to yesterday’s close. The stock price fluctuated between $6.82 and $7.10 throughout the trading session with the volume trading being 4794793 shares, which represented a significant variation when compared to the three months average volume of 3.10 million shares. The firm’s stock price fluctuated 7.50% within the last five trades and -1.40% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 62.88% in the last 6 months and 18.58% was added to its value over the previous 3 months. CLNY stock is trading at a margin of 4.64%, 5.27% and 46.41% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, CLNY deals in the Real Estate domain. The stock is trading -2.77 percent below its 52-week high and 305.78 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 185.66. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Colony Capital Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $3.34 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 2.50 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.73, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.70 percent of Colony Capital Inc. shares are owned by insiders, and 92.60 percent are held by financial institutions. Hedstrom Mark M., the Chief Operating Officer at Colony Capital Inc. (CLNY) has bought 25,000 shares of firm on Aug 17 at a price of $2.80 against the total amount of $69980.0. In another inside trade, Ganzi Marc C, CEO & President of Colony Capital Inc. (NYSE:CLNY) bought 100,000 shares of the firm on Aug 14 for a total worth of $0.27 million at a price of $2.70. An inside trade which took place on Aug 12, Exec. VP – CLO & Secretary of Colony Capital Inc. Sanders Ronald M. bought 75,000 shares of firm against total price of $0.19 million at the cost of $2.57 per share.