Caretrust Inc

Company Profile

Caretrust Inc had its IPO on 2014-05-29 under the ticker symbol CTRE.

The company operates in the Real Estate sector and REIT-Healthcare Facilities industry. Caretrust Inc has a staff strength of 15 employees.

Stock update

Shares of Caretrust Inc opened at $17.93 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $17.86 - $18.59, and closed at $18.57.

This is a +3.51% increase from the previous day's closing price.

A total volume of 612,760 shares were traded at the close of the day’s session.

In the last one week, shares of Caretrust Inc have slipped by -3.93%.

Caretrust Inc's Key Ratios

Caretrust Inc has a market cap of $1.79 billion, indicating a price to book ratio of 2.3361 and a price to sales ratio of 9.8449.

In the last 12-months Caretrust Inc’s revenue was $196.13 million with a gross profit of $182.92 million and an EBITDA of $162.81 million. The EBITDA ratio measures Caretrust Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Caretrust Inc’s operating margin was 57.33% while its return on assets stood at 4.31% with a return of equity of -0.85%.

In Q4, Caretrust Inc’s quarterly earnings growth was a negative -18.6% while revenue growth was a positive 4.2%.

Caretrust Inc’s PE and PEG Ratio

Forward PE

12.9702

Trailing PE

0

PEG

1.26

Its diluted EPS in the last 12-months stands at $-0.08 per share while it has a forward price to earnings multiple of 12.9702 and a PEG multiple of 1.26. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Caretrust Inc’s profitability.

Caretrust Inc stock is trading at a EV to sales ratio of 14.3524 and a EV to EBITDA ratio of 36.1743. Its price to sales ratio in the trailing 12-months stood at 9.8449.

Caretrust Inc stock pays annual dividends of $1.1 per share, indicating a yield of 5.9% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.62 billion

Total Liabilities

$176.91 million

Operating Cash Flow

$14.36 million

Capital Expenditure

$1.82 million

Dividend Payout Ratio

0%

Caretrust Inc ended 2023 with $1.62 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.62 billion while shareholder equity stood at $849.37 million.

Caretrust Inc ended 2023 with $0 in deferred long-term liabilities, $176.91 million in other current liabilities, 990000.00 in common stock, $-183413000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $13.18 million and cash and short-term investments were $13.18 million. The company’s total short-term debt was $125,000,000 while long-term debt stood at $594.50 million.

Caretrust Inc’s total current assets stands at $13.59 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $416000.00 compared to accounts payable of $51.91 million and inventory worth $0.

In 2023, Caretrust Inc's operating cash flow was $14.36 million while its capital expenditure stood at $1.82 million.

Comparatively, Caretrust Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$18.57

52-Week High

$21.7937

52-Week Low

$15.2009

Analyst Target Price

$21.5

Caretrust Inc stock is currently trading at $18.57 per share. It touched a 52-week high of $21.7937 and a 52-week low of $21.7937. Analysts tracking the stock have a 12-month average target price of $21.5.

Its 50-day moving average was $19.69 and 200-day moving average was $19.09 The short ratio stood at 4.38 indicating a short percent outstanding of 0%.

Around 160.1% of the company’s stock are held by insiders while 8918.3% are held by institutions.