Raymond James Raises NETSTREIT CORP Price Target to $23.00
December 22, 2022
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Netstreit Corp Stock Intrinsic Value – NETSTREIT CORP ($NYSE:NTST) is a publicly traded Real Estate Investment Trust (REIT) that focuses on acquiring and owning single-tenant, operationally essential net-leased commercial properties. The company operates in the United States and is headquartered in New York City. Recently, Raymond James has increased the price target of NETSTREIT CORP stock to $23.00. This upgrade from Raymond James signifies that the stock is expected to increase in value in the near future. The increase in price target is likely due to the strong performance of the company in recent times. NETSTREIT has been able to generate strong revenue growth despite the economic slowdown caused by the pandemic. The company’s focus on acquiring net-leased commercial properties has allowed it to generate steady rental income which has led to a growth of its stock price. NETSTREIT has also taken advantage of low interest rates to finance its operations and has been able to reduce its debt burden significantly in the last few quarters. This has allowed the company to maximize its profits and further increase its stock price.
In addition, NETSTREIT has made strategic acquisitions which have allowed it to expand its operations and increase its market share. This has been reflected in the company’s recent financial results and is likely one of the reasons why Raymond James has upgraded its price target for NETSTREIT CORP. Overall, the increase in price target from Raymond James highlights the bullish sentiment surrounding NETSTREIT CORP stock and suggests that it is likely to continue its upward trajectory in the near future. Investors who are interested in taking advantage of this bullish sentiment should consider investing in NETSTREIT CORP stock.
Share Price
This move comes as the media exposure of the company has been mostly positive in recent weeks. On Tuesday, NETSTREIT CORP stock opened at $18.8 and closed at $19.0, down by 0.1% from the previous closing price of 19.0. Analysts are optimistic that NETSTREIT CORP will continue to see a positive trajectory in the near future. With its focus on developing a robust portfolio of high-yielding real estate investments, the company is well-positioned to benefit from the current market conditions.
In addition, its experienced management team and solid financials provide additional assurance that NETSTREIT CORP will be able to weather any short-term market volatility. Given its strong fundamentals and attractive upside potential, it is not surprising that Raymond James has raised its price target for NETSTREIT CORP. Investors should take note of this news and consider taking advantage of the upside potential offered by NETSTREIT CORP in the near future. 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 |
| 86.79 | 7.37 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Netstreit Corp. More…
| Operations | Investing | Financing |
| 50.98 | -539.35 | 476.92 |
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 |
| 1.47k | 464.16 | 18.22 |
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 |
| – | – | 15.5% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis – Netstreit Corp Stock Intrinsic Value
NETSTREIT CORP is a company that has long term potential, and the fundamentals of the company reflect this. The VI app has made it simple to analyse NETSTREIT CORP’s financials and come up with an estimated fair value for its shares. According to the VI Line, the fair value of NETSTREIT CORP shares is around $25.2. On the other hand, the current trading price of the shares is $19.0, which is a 25% discount from the estimated fair value. This indicates that NETSTREIT CORP shares are currently undervalued in the market. Investors looking for an opportunity to buy shares at a bargain price will find NETSTREIT CORP attractive at present. Furthermore, with a long term outlook, NETSTREIT CORP provides an attractive investment opportunity. More…
VI Peers
The competition between Netstreit Corp and its competitors is intense. Each company is striving to be the best in the industry and to provide the best products and services to their customers. This competition is good for the consumer because it allows them to choose from a variety of companies that offer different products and services. It also keeps the prices of the products and services down because the companies are always trying to outdo each other.
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Sasseur REIT is a Singapore-based real estate investment trust that owns and operates a portfolio of four premium outlet malls in China. The company’s market cap as of 2022 is 822.66M. The company’s outlets are located in the cities of Hangzhou, Hefei, Chongqing and Kunming, and cater to a range of international brands.
– BHG Retail REIT ($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
Investing in NETSTREIT CORP could potentially be a lucrative endeavor for those looking for a good return on their investment. Recently, Raymond James raised their price target for NETSTREIT CORP to $23.00, indicating that the company is expected to continue to do well. Currently, there is mostly positive media exposure regarding NETSTREIT CORP, which can be a sign of good potential returns. When investing in NETSTREIT CORP, it is important to research the company thoroughly and understand their financials. This includes examining the company’s balance sheet, income statement, and cash flow statement to ensure that the company is financially sound. It is also important to understand the company’s competitive advantage and industry position as this can provide insight into the future success of the company. In addition, investors should take into account the risk associated with investing in NETSTREIT CORP. This includes researching the company’s debt load and any potential legal issues that could affect its operations. Furthermore, investors should consider the macroeconomic environment and its impact on the company’s operations. Additionally, investors should also analyze the company’s management team to ensure that they have the necessary expertise and experience to guide NETSTREIT CORP to success. Overall, investing in NETSTREIT CORP can be a great opportunity for those looking for a good return on their investment.
However, it is important to do thorough research and understand the risks associated with the company before investing.
