Assessing Netstreit: Insights From 9 Financial Analysts
Portfolio Pulse from Benzinga Insights
Netstreit (NYSE:NTST) has been rated by 9 analysts in the past three months, with a mix of bullish to bearish sentiments. The average 12-month price target is $16.75, down 14.54% from the previous average. Analysts from firms like Wolfe Research, Exane BNP Paribas, and Keybanc have updated their ratings and price targets, reflecting changes in market dynamics and company performance. Netstreit, a REIT, has shown a revenue growth of 30.31% and a net margin of 13.29%, but its ROE and ROA are below industry averages. The company has a lower market cap and a conservative debt-to-equity ratio of 0.49.
January 02, 2024 | 2:00 pm
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NEUTRAL IMPACT
Netstreit has received mixed analyst ratings with a revised average 12-month price target of $16.75. The company has shown strong revenue growth and net margin, but ROE and ROA are below industry standards.
The mixed analyst ratings and the reduction in the average price target suggest uncertainty, which could lead to a neutral short-term impact on NTST's stock price. The strong revenue growth and net margin are positive, but the below-average ROE and ROA may concern investors. The conservative debt management is a positive sign, indicating a balanced approach to leverage.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100