The market is now more optimistic about the stock, as the share price gain of 74% outpaced the EPS growth. The recent improvement in the company's performance could hint at a positive inflection point within the business.
The company's ROE is unimpressive due to its high debt. Investors should consider the potential impact on performance if borrowing becomes difficult. High quality companies usually have high ROE with low debt.
Evercore ISI opines that although Empire State Realty Trust has demonstrated strong performance, the benefits are already reflected in the current stock price. Therefore, the rating has been adjusted to 'In-Line' from 'Outperform'.
Low ROE with significant debt usage isn't favorable. Consider performance changes if borrowing becomes difficult due to shifting credit market conditions. High-quality firms often exhibit high ROE and low debt.
Gainers: •$Innoviz Technologies (INVZ.US)$+18.7% (selected by "large automotive group manufacturer" to become its direct LiDAR supplier across multiple brands) •$Hilltop Holdings (HTH.US)$+15.7% (commenced a modified "Dutch auction" tender offer to purchase for cash up to $400 mln of its common stock at a price per share not less than $28,00 and not greater than $32.00 less any applicable withholding taxes and without interest usin...
18
3
2
Report
Dino 64
:
Nio is a pre market mover alright.....DOWN.
dont leave cash sitting on the shelf this week. stimulus and corporate gains are going to have the market up. if you did like me you bought shares cheap last week.bought$Nikola (NKLA.US)$at $30$Intel (INTC.US)$at $51$Virgin Galactic (SPCE.US)$at $23.10
1
Report
No comment yet
- No more -
Sign in to post a comment
Trending Stocks
Top Gaining Chinese Stocks Top Gaining Chinese Stocks
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
Empire State Realty Trust Inc Stock Forum
• $Innoviz Technologies (INVZ.US)$ +18.7% (selected by "large automotive group manufacturer" to become its direct LiDAR supplier across multiple brands)
• $Hilltop Holdings (HTH.US)$ +15.7% (commenced a modified "Dutch auction" tender offer to purchase for cash up to $400 mln of its common stock at a price per share not less than $28,00 and not greater than $32.00 less any applicable withholding taxes and without interest usin...
• $Accolade (ACCD.US)$ : Wells Fargo Upgrades to Equal Weight from Underweight - PT $6 (from $9)
• $Comerica (CMA.US)$ : Piper Sandler Upgrades to Overweight from Neutral - PT $94 (from $90)
• $New Oriental (EDU.US)$ : JPMorgan Upgrades to Neutral from Underweight - PT $14 (from $35)
• $EPAM Systems (EPAM.US)$ : Piper Sandler Upgrades to Overweight from Neutral - PT $348 (from $359)
• $Empire State Realty Trust Inc (ESRT.US)$ : Evercore ISI Upgrades to Outp...
loading...
No comment yet