Realty Income Corporation (O): A Resilient, Fast-Growing, And Fairly-Priced

The median price target for Realty Income Corporation, (O) over the next 12 months is $76, which means that it could rise by 1% from its current position. Despite that, some analysts believe that it won’t perform excellent, setting a lower price target of $64 for the stock which means it could rise by -14.95%. Most analysts believe that the company’s stock has the potential to rise by 19.6% or more. For Realty Income Corporation to record further gainanalysts believe that the company has to hit $90 price target. The high price target for O for next 12 months currently stands at $90. This means that the highest 12 months price target is 19.6% above its last closing price. For most investors, the -0.92% change in the share price could have prompted them tosell the stock, but doing that would be a mistake as it would be taking into consideration only the short-term performance of the stock. The stock closed September 09, 2019 trading at $75.25 which saw downtrend of 19.37% since the beginning of 2019. The price of the stock has risen by 2.25% from average 12-month price target of $76.94 expected by the analysts.

A look at the O stock today shows that it has gained 28% of its value over the past one year, which has led to some investors becoming excited about the short-term performance of Realty Income Corporation (NYSE:O). If we turn to the stock analysts in general, they revealed that most of them are still bullish about the chances of the shares. The consensus rating from analysts for Realty Income Corporation (O) is 2.6 which is a ,neutral rating. Over the past week, the stock has been rated as a Buy 4 times while it has been rated as a Hold 11 times. The 52-week high price for O is $76.73 which is attained on September 04 while its 52-week low currently stands at $55.55 and was reached on October 12. At the moment, the stock is trading $5.23 above its YTD moving average set at $70.02.

Moving on, Realty Income Corporation (O) last released its earnings for the June 2019 quarter of the fiscal year. The company performed decently over the past three months, with its earnings up 141% year-over-year at $0.82. The company brought a surprise of 1 as analysts were predicting $0.81 per share. The revenue generated by Realty Income Corporation in the June 2019 quarter surged by 11% to reach $365.45 million. This is highcompared to the $328.89 million it recorded in the same quarter last year. To see what traders should watch in its September 2019 financial results, analysts have consensus earnings per share of $0.83 which is higherthan the $0.81 recorded in the same quarter a year ago. Over the next 12 months, the earnings per share are expected to move by 5.91%. If it achieves that, then the company firmly believes that its long-term annual earnings growth rate target set at 6.4 % could be achieved. The company has also recorded a revenue of $1.4 billion over the past 12 months.

In order to determine if the stock is worthy of your patience, you should know that Realty Income Corporation (NYSE:O) is now trading at 58.06X the earnings per share recorded over the past 12 months. This is an uptrend compared to the readings of the sector which is 22.45X while the industry average stands at 30.89X. The most popular way to value a stock is to look at its historic Price-to-Earnings (P/E) ratio with the help of its earnings report over the past 12 months. Realty Income Corporation was able to achieve an EPS of $1.3 during the last four quarters. The P/E ratio is widely known due to the fact that it is widely used, simple, effective, and, tautologically.

On Monday, September 09 of 2019, the 14-day Absolute ATR (Average True Range) for O moved by $1.17. Over the past seven days, the stock’s average daily volatility stood at 1.54%. A stock with a low volatility is usually a good one as it means that investors are very confident in the stock. Realty Income Corporation’s trading volume has recently moved to 1.39 million, which is compared with the average daily volume of 1.58 million shares.

The daily chart for O, points out that the company has recorded 6.39% gains over the past six months. However, it is still 35.46% higher than its most recent low trading price. The performance of the stock over the past five days shows that it is up 1.95% though it is 2.45% above its three-week moving average. It is worthy to know that price action is not always clear. There are times when a stock will undergo some negatives, trade erratically within some range or even act very unpredictable. When that happens, then making use of moving averages makes the pattern clearer for traders. Comparing to 50-day SMA, the price of the stock has surged by 5.55% while it is up 8.77% against the 200-day SMA. This is usually seen as the last support line for a stock, as a move downward could signal a bearish trend or market. The daily chart of O reveals that it has gained some grounds as it ended Monday with a 4.53% rise over the past 30 days.