New Lifetime High Reached By American Campus Communities (ACC)
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified American Campus Communities as such a stock due to the following factors:
- ACC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $34.6 million.
- ACC has traded 7,438 shares today.
- ACC is trading at a new lifetime high.
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More details on ACC:
American Campus Communities, Inc. is an independent equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in developing, owning, and managing high-quality student housing communities. The stock currently has a dividend yield of 3.2%. ACC has a PE ratio of 69. Currently there are 5 analysts that rate American Campus Communities a buy, 1 analyst rates it a sell, and 2 rate it a hold.
The average volume for American Campus Communities has been 954,900 shares per day over the past 30 days. American Campus has a market cap of $6.8 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.37 and a short float of 1.9% with 3.61 days to cover. Shares are up 27.3% year-to-date as of the close of trading on Friday.
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Analysis:
rates American Campus Communities as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance and revenue growth. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
Highlights from the ratings report include:
- Compared to its closing price of one year ago, ACC's share price has jumped by 33.09%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, although almost any stock can fall in a broad market decline, ACC should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- Despite its growing revenue, the company underperformed as compared with the industry average of 12.1%. Since the same quarter one year prior, revenues slightly increased by 4.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- AMERICAN CAMPUS COMMUNITIES's earnings per share declined by 41.9% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, AMERICAN CAMPUS COMMUNITIES increased its bottom line by earning $1.02 versus $0.55 in the prior year. For the next year, the market is expecting a contraction of 22.1% in earnings ($0.80 versus $1.02).
- The gross profit margin for AMERICAN CAMPUS COMMUNITIES is currently lower than what is desirable, coming in at 29.62%. Regardless of ACC's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, ACC's net profit margin of 22.64% is significantly lower than the industry average.
- Net operating cash flow has decreased to $64.07 million or 13.69% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
- You can view the full American Campus Communities Ratings Report.
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