In the latest quarter, 4 analysts provided ratings for Phillips Edison (NASDAQ:PECO), showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $37.25, with a high estimate of $40.00 and a low estimate of $35.00. This current average has increased by 1.36% from the previous average price target of $36.75.
Interpreting Analyst Ratings: A Closer Look
The perception of Phillips Edison by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Haendel St. Juste | Mizuho | Raises | Buy | $37.00 | $35.00 |
| Michael Mueller | JP Morgan | Lowers | Neutral | $37.00 | $39.00 |
| Juan Sanabria | BMO Capital | Raises | Market Perform | $40.00 | $37.00 |
| Haendel St. Juste | Mizuho | Lowers | Neutral | $35.00 | $36.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Phillips Edison. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Phillips Edison compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Phillips Edison's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Phillips Edison's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Phillips Edison analyst ratings.
About Phillips Edison
Phillips Edison & Co Inc is a real estate investment trust. It invests in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market of expertise designed to optimize property value and consistently deliver a great shopping experience.
Financial Milestones: Phillips Edison's Journey
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Over the 3 months period, Phillips Edison showcased positive performance, achieving a revenue growth rate of 6.49% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.
Net Margin: Phillips Edison's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 8.76%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Phillips Edison's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.59%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Phillips Edison's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.28%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Phillips Edison's debt-to-equity ratio is below the industry average. With a ratio of 0.9, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.