Elme Communities Downgraded by JPMorgan Chase Co. to Neutral
ELME Stock | USD 14.94 0.00 0.00% |
About 61% of Elme Communities' investor base is looking to short. The analysis of overall sentiment of trading Elme Communities stock suggests that many investors are alarmed at this time. The current market sentiment, together with Elme Communities' historical and current headlines, can help investors time the market. In addition, many technical investors use Elme Communities stock news signals to limit their universe of possible portfolio assets.
Elme |
JPMorgan Chase Co. lowered shares of Elme Communities from an overweight rating to a neutral rating in a report issued on Tuesday morning, MarketBeat Ratings reports. The firm currently has 18.00 price target on the stock, down from their prior price target of 19.00. A number of other brokerages have
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Elme Communities Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Elme Communities can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Elme Communities Fundamental Analysis
We analyze Elme Communities' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elme Communities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elme Communities based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Elme Communities is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Elme Communities Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Elme Communities stock to make a market-neutral strategy. Peer analysis of Elme Communities could also be used in its relative valuation, which is a method of valuing Elme Communities by comparing valuation metrics with similar companies.
Peers
Elme Communities Related Equities
VRE | Veris Residential | 1.04 | ||||
AMH | American Homes | 0.93 | ||||
SUI | Sun Communities | 0.15 | ||||
CSR | Centerspace | 0.03 | ||||
ELS | Equity Lifestyle | 0.00 | ||||
UDR | UDR | 0.32 | ||||
BRT | BRT Realty | 0.86 | ||||
NXRT | Nexpoint Residential | 1.20 | ||||
UMH | UMH Properties | 1.84 | ||||
CLPR | Clipper Realty | 7.41 |
Complementary Tools for Elme Stock analysis
When running Elme Communities' price analysis, check to measure Elme Communities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elme Communities is operating at the current time. Most of Elme Communities' value examination focuses on studying past and present price action to predict the probability of Elme Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elme Communities' price. Additionally, you may evaluate how the addition of Elme Communities to your portfolios can decrease your overall portfolio volatility.
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