Trade-Ideas LLC identified

First Industrial Realty

(

FR

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified First Industrial Realty as such a stock due to the following factors:

  • FR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $12.2 million.
  • FR has traded 17.4328000000000002955857780762016773223876953125 options contracts today.
  • FR is making at least a new 3-day high.
  • FR has a PE ratio of 77.
  • FR is mentioned 0.65 times per day on StockTwits.
  • FR has not yet been mentioned on StockTwits today.
  • FR is currently in the upper 20% of its 1-year range.
  • FR is in the upper 35% of its 20-day range.
  • FR is in the upper 45% of its 5-day range.
  • FR is currently trading above yesterday's high.

TheStreet Recommends

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on FR:

First Industrial Realty Trust Inc. is a real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in industrial properties. The firm owns, manages, acquires, sells, develops, and redevelops industrial real estate. The stock currently has a dividend yield of 2.3%. FR has a PE ratio of 77. Currently there are 5 analysts that rate First Industrial Realty a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for First Industrial Realty has been 1.0 million shares per day over the past 30 days. First Industrial has a market cap of $2.5 billion and is part of the financial sector and real estate industry. The stock has a beta of 1.13 and a short float of 3.4% with 4.53 days to cover. Shares are up 9.1% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates First Industrial Realty as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

Highlights from the ratings report include:

  • FIRST INDL REALTY TRUST 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 two years. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, FIRST INDL REALTY TRUST INC turned its bottom line around by earning $0.18 versus -$0.09 in the prior year. This year, the market expects an improvement in earnings ($0.34 versus $0.18).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 247.9% when compared to the same quarter one year prior, rising from $4.03 million to $14.01 million.
  • 38.44% is the gross profit margin for FIRST INDL REALTY TRUST INC which we consider to be strong. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, FR's net profit margin of 15.48% significantly trails the industry average.
  • Powered by its strong earnings growth of 333.33% and other important driving factors, this stock has surged by 25.37% over the past year, outperforming the rise in the S&P 500 Index during the same period. Setting our sights on the months ahead, however, we feel that the stock's sharp appreciation over the last year has driven it to a price level which is now relatively expensive compared to the rest of its industry. The implication is that its reduced upside potential is not good enough to warrant further investment at this time.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, FIRST INDL REALTY TRUST INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.

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