National Retail Properties, Inc. (NYSE:NNN) sank -2.78% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 39.77% and is now up by 7.44% since start of this year. A look at its monthly performance shows that the stock has recorded a 5.4% gain over the past 30 days. Its equity price climbed by 6.5% over the past three months which led to its overall six-month increase to stand at 16.05%.
The shares of National Retail Properties, Inc. (NNN) dropped by -3.05% or -$1.64 from its last recorded high of $53.76 which it attained on December 02 to close at $52.12 per share. Over the past 52 weeks, the shares of National Retail Properties, Inc. has been trading as low as $36.25 before witnessing a massive surge by 43.78% or $15.87. This price movement has led to the NNN stock receiving more attention and has become one to watch out for. It dipped by -2.94% on Tuesday and this got the market worried. The stock’s beta now stands at 0.26 and when compared to its 200-day moving average and its 50-day moving average, NNN price stands 14.05% above and 4.14% above respectively. Its average daily volatility for this week is 2.08% which is more than the 1.78% recorded over the past month.
Experts from research firms are bullish about the near-term performance of National Retail Properties, Inc. with most of them predicting a $51.81 price target on a short-term (12 months) basis. The average price target by the analysts will see a -0.59% rise in the stock and would lead to NNN’s market cap to surge to $8.23B. The stock has been rated an average 2.1, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 14 analysts that track National Retail Properties, Inc. (NYSE:NNN) and find out that 8 of them rated it as a Hold. 6 of the 6 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
A look at NNN technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 54.1 point. Its trading volume has lost -227556 shares compared to readings over the past three months as it recently exchanged 1142444 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1370000 shares, and this is 0.83 times the normal volume.
The price of Babcock & Wilcox Enterprises, Inc. (NYSE:BW) currently stands at $0.65 after it went up by $0.09 or 15.19% and has found a strong support at $0.58 a share. If the BW price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $0.52 mark would also be bad for the stock as it means that the stock would plunge by 20% from its current position. However, if the stock price is able to trade above the resistance point around $0.68, then it could likely surge higher to try and break the upward resistance which stands at $0.71 a share. Its average daily volatility over the past one month stands at 15.12%. The stock has plunged by 14.94% from its 52-weeks high of $0.5529 which it reached on Feb. 15, 2018. In general, it is 49.23% above its 52-weeks lowest point which stands at $0.33 and this setback was observed on Dec. 31, 2018.
Analysts have predicted a price target for Babcock & Wilcox Enterprises, Inc. (BW) for 1 year and it stands at an average $0.5/share. This means that it would likely increase by -23.08% from its current position. The current price of the stock has been moving between $0.5529 and $0.65. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $0.5. On the other hand, one analyst is super bullish about the price, setting a target as high as $0.5.
The BW stock Stochastic Oscillator (%D) is at 48.73%, which means that it is currently neutral. The shares P/S ratio stands at 0.09 which compares to the 1.38 recorded by the industry or the 2.19 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 0, which is lower than the 0 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of -35.5% over the past five years.
Analysts view Babcock & Wilcox Enterprises, Inc. (NYSE:BW) as a Buy, with 0 consensus rating. Reuters surveyed 1 analysts that follow BW and found that 0 of those analysts rated the stock as a Hold. The remaining 1 were divided, with 0 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Babcock & Wilcox Enterprises, Inc. (BW) shares or sell it if they already own it.