National Retail Properties, Inc. (NYSE:NNN) is offering a bear trap with a P/S ratio at 13.81. The broad Real Estate Investment Trusts industry has an average P/S ratio of 12.39, which represents premium over the sector’s 10.48.
NNN traded at an unexpectedly high level on 07/15/2019 when the stock experienced a -0.65% loss to a closing price of $53.43. The company saw 1676055 shares trade hands over the course of the day. Given that its average daily volume over the 5 sessions has been 1038240 shares a day, this signifies a pretty significant change over the norm.
Analysts are speculating a 12.3% move, based on the high target price ($60) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $55.92 price target, but the stock is already up 24.34% from its recent lows. However, the stock is trading at -4.54% versus recent highs ($55.97). Analysts believe that we could see stock price minimum in the $53 range (lowest target price), allowing for another -0.8% drop from its current position. Leading up to this report, we have seen a -3.03% fall in the stock price over the last 30 days and a -0.22% decline over the past 3 months. Overall, the share price is up 10.14% so far this year. Additionally, the stock had a day price range of $53.21 to $54.26.National Retail Properties, Inc. (NNN) Price Potential
Heading into the stock price potential, National Retail Properties, Inc. needs to grow just 2.94% to cross its median price target of $55. In order to determine directional movement, the 50-day and 200-day moving averages for National Retail Properties, Inc. (NYSE:NNN) are $54.07 and $52.61. Given that liquidity is king in the short-term, NNN is a stock with 165 million shares outstanding that normally trades 3.62% of its float. The stock price recently experienced a 5-day loss of -1.27% with 0.96 average true range (ATR). NNN has a beta of 0.15 and RSI is 45.79.
Investors also need to beware of the YUM! Brands, Inc. (NYSE:YUM) valuations. The stock trades on a P/S of 6.1, which suggests that the shares are not attractive compared with peers. The broad Restaurants industry has an average P/S ratio of 2.85, which is significantly better than the sector’s 373.21.YUM! Brands, Inc. (YUM)’s Lead Over its Technicals
YUM! Brands, Inc. by far traveled 44.09% versus a 1-year low price of $77.68. The share price was last seen 0.79% higher, reaching at $111.93 on Jul. 15, 2019. At recent session, the prices were hovering between $111.21 and $112.13. This company shares are -5.57% up from its target price of $105.7 and the current market capitalization stands at $34.47B. The recent change has given its price a 5.59% lead over SMA 50 and 0.1% lead over its 52-week high. The stock witnessed 2.71% gains, 10.38% gains and 23.08% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found YUM’s volatility during a week at 0.89% and during a month it has been found around 1.02%.
YUM! Brands, Inc. (YUM) exchanged hands at an unexpectedly high level of 1164274 shares over the course of the day. Noting its average daily volume at 1153140 shares each day over the month, this signifies a pretty significant change over the norm.