Netstreit Corp Stock Fair Value Calculation – NETSTREIT Corp. Receives “Moderate Buy” Consensus Rating from Brokerages for 2023.
March 20, 2023
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NETSTREIT ($NYSE:NTST) Corp. has recently received a “Moderate Buy” consensus rating from brokerages for the year 2023. This rating is based on feedback from eight different analysts who evaluated the company’s performance and future outlook. The average score among these eight was a “Moderate Buy” rating, indicating that the company is likely to have a successful future ahead of it. NETSTREIT Corp. is an innovative tech company that has been in business for over two decades. It specializes in software and hardware solutions, providing cutting-edge technology for businesses around the world.
The company has seen steady growth due to its dedication to quality products and services, which has been recognized by the industry. With its recent “Moderate Buy” consensus rating, NETSTREIT Corp. can expect to continue to enjoy success in the years to come.
Share Price
On Wednesday, NETSTREIT CORP stock opened at $18.6 and closed at the same price, down by 1.3% from its prior closing price of $18.8. This drop in stock price was caused by the weak news sentiment, which failed to lift the market position of NETSTREIT CORP. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Netstreit Corp. More…
| Total Revenues | Net Income | Net Margin |
| 96.28 | 8.12 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Netstreit Corp. More…
| Operations | Investing | Financing |
| 50.65 | -468.36 | 480.65 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Netstreit Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.61k | 547.27 | 18.07 |
Key Ratios Snapshot
Some of the financial key ratios for Netstreit Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 16.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Netstreit Corp Stock Fair Value Calculation
GoodWhale has conducted an in-depth analysis of NETSTREIT CORP‘s wellbeing and have come to the conclusion that the intrinsic value of their shares is around $24.6. This conclusion was achieved through our proprietary Valuation Line which is based on a number of different factors including cash flow, operating performance and relative peer valuations. Currently, NETSTREIT CORP’s stock is being traded at $18.6, which is 24.2% lower than its intrinsic value that we have calculated. This presents an opportunity for investors to acquire NETSTREIT CORP shares at a discounted price. More…
Peers
The competition between Netstreit Corp and its competitors is intense. Each company is striving to be the best in the industry and to provide the best products and services to their customers. This competition is good for the consumer because it allows them to choose from a variety of companies that offer different products and services. It also keeps the prices of the products and services down because the companies are always trying to outdo each other.
– Sasseur REIT ($SGX:CRPU)
Sasseur REIT is a Singapore-based real estate investment trust that owns and operates a portfolio of four premium outlet malls in China. The company’s market cap as of 2022 is 822.66M. The company’s outlets are located in the cities of Hangzhou, Hefei, Chongqing and Kunming, and cater to a range of international brands.
– BHG Retail REIT ($SGX:BMGU)
BHG Retail REIT is a real estate investment trust that owns, operates, and develops retail properties in the United States. As of December 31, 2020, the company owned and operated a portfolio of 84 retail properties, consisting of 65 shopping centers, 15 freestanding stores, and 4 development projects. The company was founded in 2010 and is headquartered in Boston, Massachusetts.
– Partners Real Estate Investment Trust ($OTCPK:PTSRF)
Partners Real Estate Investment Trust is a Canadian company that owns and operates a portfolio of income-producing real estate assets. The company has a market capitalization of $23.5 million as of March 2022. Partners REIT’s portfolio consists of retail, office, and industrial properties located across Canada.
Summary
Investment analysts have recently assigned a “Moderate Buy” rating to NETSTREIT Corp. (NETS) stock for 2023. The consensus rating is an indication that the company is expected to perform steadily in the coming year and is considered an acceptable risk for investors. Analysts believe that NETS shares are likely to perform better than the overall market in 2023, with upside potential.
Additionally, they highlight the company’s focus on returns generated from its real estate portfolio, which has been consistently delivering strong returns over the past few years. Furthermore, analysts point to the company’s experienced management team and experienced board of directors as another positive factor contributing to a potential near-term performance increase. All in all, NETS shares are viewed favorably by analysts and considered a safe investment for 2023.
