Qts Realty Trust Inc (NYSE:QTS) shares traded 3.84% up during most recent session to reach at the closing price of $34.03. The stock exchanged hands 1.23 Million shares versus average trading capacity of 752.94 Million shares, yielding a market cap of $1.7 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $45 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Qts Realty Trust Inc (NYSE:QTS) high price target of $64 and with a conservative view have low price target of $31.
Jefferies “Downgrades” Qts Realty Trust Inc (NYSE:QTS) in a research note issued to investors on 2/23/18 to Hold with price target of $0.
Additionally on 2/22/18 Bank of America “Maintained” Qts Realty Trust Inc (NYSE:QTS) to Buy setting price target at $45 and on 1/17/18 Credit Suisse “Downgrades” the stock to Underperform at $0. Furthermore on 11/20/17 Jefferies “Maintained” the stock to Buy at $65.
On the other hand the company has Relative Strength Index (RSI 14) of 28.68 along with Average True Range (ATR 14) of 1.66, Consequently Qts Realty Trust Inc (NYSE:QTS)’s weekly and monthly volatility is 3.66%, 3.96% respectively. The company’s beta value is at 0.72.
In terms of Buy, Sell or Hold recommendations, Qts Realty Trust Inc (NYSE:QTS) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Qts Realty Trust Inc (NYSE:QTS)’s minimum EPS for the current quarter is at $0.08 and can go high up to $0.12. The consensus mean EPS for the current quarter is at $0.1 derived from a total of 6 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.1 earnings per share for the same quarter during last year.
Previously Qts Realty Trust Inc (NYSE:QTS) reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $-0.12. The company posted an earnings surprise of -75%.
Qts Realty Trust Inc (NYSE:QTS)’s revenue estimates for the current quarter are $109.95 Million according to 10 number of analysts, for the current quarter the company has high revenue estimates of $122.8 Million in contradiction of low revenue estimates of $96.5 Million. For the current year the company’s revenue estimates are $464.48 Million compared to low analyst estimates of $411.4 Million and high estimates of $524.24 Million according to 11 number of analysts.
Currently Qts Realty Trust Inc (NYSE:QTS)’s shares owned by insiders are 0.8%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -9.26%, as well as three-month change in the institutional ownership was recorded 4.22%.
Qts Realty Trust Inc (NYSE:QTS) 52-week high price stands at $61.55 and low price stands at $31.58, its price distance from 52-week high is -44.71% while its distance from 52-week low price is 7.76%. The stock hit its 52-week high on 11/13/17, and 52-week low on 02/21/18.
Qts Realty Trust Inc (NYSE:QTS)’s trailing twelve month revenues are $446.5 Million, whereas its price to sales ratio for the same period is 3.81. Its book value per share for the most recent quarter is $17.57 while its price to book ratio for the same period is 1.94, as for as the company’s cash per share for the most recent quarter is $0.16, however its price to cash per share ratio for the same period is 207.24. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.