Franklin Street Properties Corp (AMEX:FSP) concluded the trading at $1.96 on current market day with a rise of 1.55% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $1.93 and 5Y monthly beta was reading 0.791 with its price kept floating in the range of $1.895 and $1.96 on the day. Considering stock’s 52-week price range provides that FSP hit a high price of $2.72 and saw its price falling to a low level of $1.47 during that period. Over a period of past 1-month, stock came adding 23.27% in its value.
With its current market valuation of $202.99 million, Franklin Street Properties Corp is set to declare its quarterly results on 2025-Feb-24. FSP Stock’s Forward Dividend of 0.04 and its yield of 2.04% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of -0.07 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to -0.4 for current year with estimates of that growing to -0.31 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 30.83M. They suggested that in the process company could generate revenue of as low as 30.83M which could climb up to 30.83M to hit a high. The average estimate is representing a decrease of -11.30% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 124.09M in current fiscal year, which will be -14.80% less from revenue generated by the company last year.
In contrast, when we review FSP stock’s current outlook then short term indicators are assigning it an average of 50% Buy, while medium term indicators are categorizing the stock at an average of Hold. Long term indicators are suggesting an average of 50% Buy for it.
Digging deeper we become aware of the PEG ratio of the FSP stock which is currently positioned at 0. It further provides that stock’s current price level is 8.77% away from its 20-day simple moving average and is 12.86% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 63.70 while volatility remained at 4.19% over the past week which changes to 4.60% when measuring it over the past month. Beta is valued at 0.81, while measure of average true range or ATR is currently at 0.08.
Having a second look at Franklin Street Properties Corp (AMEX:FSP) provides that stock’s average daily trading volume for 3 months was 416.76K, while it jumped to 622160 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 103.43 million.
The percentage of outstanding shares held by the insiders is 21.53% while it is 62.93% for the institutional holders. The figures also indicate that as of 2024-10-15, number of stock’s short shares was 1.69 million which implies a short ratio of 3.8. This shows down a 174.00 of Short Interest in company’s outstanding shares on the day. In October the standing of shares short improved as it was 1.8 million in the previous month. Subtraction of -23.44% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
