Truist raised the price target for the QTS Realty Trust Inc. (NYSE:QTS) stock from “a Buy” to “a Hold”. The rating was released on June 10, 2021. In their research brief published June 08, 2021, Cowen analysts downgraded the QTS Realty Trust Inc. stock from Outperform to Market Perform with a price target of $78.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of QTS Realty Trust Inc. (NYSE:QTS) raised 0.13% to close Friday’s market session at $77.62, higher as compared to yesterday’s close. The stock price fluctuated between $77.45 and $77.62 throughout the trading session with the volume trading being 891507 shares, which represented a significant variation when compared to the three months average volume of 1.71 million shares. The firm’s stock price fluctuated 0.50% within the last five trades and -0.78% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 32.96% in the last 6 months and 22.78% was added to its value over the previous 3 months. QTS stock is trading at a margin of 0.15%, 10.95% and 20.18% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, QTS deals in the Real Estate domain. The stock is trading -1.31 percent below its 52-week high and 38.83 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 23.71. 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 QTS Realty Trust Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 8.70 percent and the profit margin is -5.80 percent, and the company has reported a gross margin of 66.00 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $5.33 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. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 616.03. 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 9.49 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 3.96, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Williams Chad L., the Chief Executive Officer at QTS Realty Trust Inc. (QTS) has sold 2,400 shares of firm on Apr 23 at a price of $67.02 against the total amount of $0.16 million. In another inside trade, Williams Chad L., Chief Executive Officer of QTS Realty Trust Inc. (NYSE:QTS) sold 6,330 shares of the firm on Apr 22 for a total worth of $0.42 million at a price of $67.08. An inside trade which took place on Apr 21, Chief Executive Officer of QTS Realty Trust Inc. Williams Chad L. sold 15,250 shares of firm against total price of $1.02 million at the cost of $67.09 per share.