Pre-Market Activity Shows Heavy Volume And Movement For Brixmor Property Group (BRX)
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Brixmor Property Group as such a stock due to the following factors:
- BRX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $27.9 million.
- BRX traded 142,571 shares today in the pre-market hours as of 7:28 AM, representing 13.4% of its average daily volume.
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More details on BRX:
Brixmor Property Group Inc. owns and operates various grocery-anchored community and neighborhood shopping centers in the United States. The stock currently has a dividend yield of 3.4%. BRX has a PE ratio of 73.2. Currently there are 8 analysts that rate Brixmor Property Group a buy, no analysts rate it a sell, and 2 rate it a hold.
The average volume for Brixmor Property Group has been 1.5 million shares per day over the past 30 days. Brixmor Property Group has a market cap of $7.8 billion and is part of the financial sector and real estate industry. Shares are up 8.7% year-to-date as of the close of trading on Friday.
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Analysis:
rates Brixmor Property Group as a
. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and poor profit margins.
Highlights from the ratings report include:
- Net operating cash flow has declined marginally to $106.92 million or 8.88% 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.
- The gross profit margin for BRIXMOR PROPERTY GROUP INC is currently lower than what is desirable, coming in at 32.65%. Despite the low profit margin, it has increased significantly from the same period last year. Despite the mixed results of the gross profit margin, BRX's net profit margin of 7.33% is significantly lower than the industry average.
- Compared to other companies in the Real Estate Investment Trusts (REITs) industry and the overall market on the basis of return on equity, BRIXMOR PROPERTY GROUP INC underperformed against that of the industry average and is significantly less than that of the S&P 500.
- Looking at where the stock is today compared to one year ago, we find that it is higher, and it has outperformed the rise in the S&P 500 over the same period. We feel that the combination of its price rise over the last year and its current price-to-earnings ratio relative to its industry tend to reduce its upside potential.
- BRIXMOR PROPERTY GROUP INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, BRIXMOR PROPERTY GROUP INC turned its bottom line around by earning $0.36 versus -$0.13 in the prior year. This year, the market expects an improvement in earnings ($0.49 versus $0.36).
- You can view the full Brixmor Property Group Ratings Report.
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