Netstreit Corp

Company Profile

Netstreit Corp had its IPO on 2020-08-13 under the ticker symbol NTST.

The company operates in the Real Estate sector and REIT-Retail industry. Netstreit Corp has a staff strength of 30 employees.

Stock update

Shares of Netstreit Corp opened at $17.01 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $16.93 - $17.04, and closed at $17.

This is a +0.65% increase from the previous day's closing price.

A total volume of 315,730 shares were traded at the close of the day’s session.

In the last one week, shares of Netstreit Corp have slipped by -0.18%.

Netstreit Corp's Key Ratios

Netstreit Corp has a market cap of $1.15 billion, indicating a price to book ratio of 1.0648 and a price to sales ratio of 13.1098.

In the last 12-months Netstreit Corp’s revenue was $113.39 million with a gross profit of $83.75 million and an EBITDA of $78.66 million. The EBITDA ratio measures Netstreit Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Netstreit Corp’s operating margin was 19.47% while its return on assets stood at 0.89% with a return of equity of 0.47%.

In Q2, Netstreit Corp’s quarterly earnings growth was a negative -41.7% while revenue growth was a positive 39.7%.

Netstreit Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

189.2222

PEG

Its diluted EPS in the last 12-months stands at $0.09 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . 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 Netstreit Corp’s profitability.

Netstreit Corp stock is trading at a EV to sales ratio of 17.2432 and a EV to EBITDA ratio of 24.7828. Its price to sales ratio in the trailing 12-months stood at 13.1098.

Netstreit Corp stock pays annual dividends of $0.8 per share, indicating a yield of 4.82% and a payout ratio of 8.05%.

Balance sheet and cash flow metrics

Total Assets

$1.75 billion

Total Liabilities

$127.96 million

Operating Cash Flow

$0

Capital Expenditure

$23000

Dividend Payout Ratio

8.05%

Netstreit Corp ended 2024 with $1.75 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.75 billion while shareholder equity stood at $1.20 billion.

Netstreit Corp ended 2024 with $0 in deferred long-term liabilities, $127.96 million in other current liabilities, 670000.00 in common stock, $-90329000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $11.54 million and cash and short-term investments were $11.54 million. The company’s total short-term debt was $106,000,000 while long-term debt stood at $380.58 million.

Netstreit Corp’s total current assets stands at $180.56 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $124.71 million compared to accounts payable of $2.79 million and inventory worth $0.

In 2024, Netstreit Corp's operating cash flow was $0 while its capital expenditure stood at $23000.

Comparatively, Netstreit Corp paid $0.08 in dividends in 2024.

Other key metrics

Current Trading Price

$17

52-Week High

$19.9468

52-Week Low

$16.3274

Analyst Target Price

$20.9

Netstreit Corp stock is currently trading at $17 per share. It touched a 52-week high of $19.9468 and a 52-week low of $19.9468. Analysts tracking the stock have a 12-month average target price of $20.9.

Its 50-day moving average was $17.29 and 200-day moving average was $17.98 The short ratio stood at 3.25 indicating a short percent outstanding of 0%.

Around 44.1% of the company’s stock are held by insiders while 11808.2% are held by institutions.