Terreno Realty Corporation (NYSE:TRNO) went down by -1.96% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the REIT – Industrial giant went up by $52.05 to trade ended Friday trading at $53.09. This is down from the $53.09 price recorded on Thursday’s trading session. Thanks to this latest performance, TRNO is closer to the higher price 52-week target of $65.00 and further from the lowest price target of $52.00. Its performance from the start of the year has also been negative, with TRNO down by -3.86% year-to-date.
Terreno Realty Corporation (TRNO) started the day trading at $52.71 and recorded an intraday high of $53.14. It also recorded an intraday low of $51.93 during Friday’s trading session. Terreno Realty Corporation is a very active stock that recorded a trading volume that is more than 52.8% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 1083582, which is more than 52.8 of the total average daily trading volume of 511.42K.
Terreno Realty Corporation (NYSE:TRNO) 2020 Performance Impressive
The increase in TRNO’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of TRNO currently stands at $62.31, which is higher than the current trading price of the stock by 16.47%. However, TRNO’s current trading price is -23.58% lower than the 52-week low price of $42.12. In terms of trading volume, Terreno Realty Corporation currently experienced healthy participation during the last trading session. 1083582 shares of Terreno Realty Corporation were traded on the stock exchange on Friday, which is more than 52.8% of the 511.42K average trading volume of the stock.
The performance of the stock has been positive over the past year. TRNO’s performance over the past one year has seen it surge by 8.44%, while the stock has gone down by -1.87% in the last six months. The quarterly performance of TRNO currently stands at 8.94%, and it is up by 0.33% in the last month. The only negative figure was from the weekly performance, which currently reads -3.32%. At the time of writing TRNO’s report, the company has a total market cap of $3.59B, making it one of the largest publicly-traded companies in the world.Terreno Realty Corporation also has over 24 employees all over the world.
TRNO Insider Activities
The insider transactions over the past six months are up by 10.20%.For Terreno Realty Corporation insiders bought 147,738 shares in 12 transactions. In that same period, insiders sold 15,000 of their shares in 2 transactions. After these transactions, insiders at Terreno Realty Corporation now hold 1.59M shares, which is over 102.49% of the total company stocks. Institutional investors currently hold a large chunk of the TRNO shares, as they control 2.37% of the company’s total stock.
TRNO Fundamental Analysis
For Terreno Realty Corporation, the stock’s diluted earnings per share (EPS) stands at 0.79. In the coming year, analysts expect the EPS to be 0.86. The stock’s EPS growth this year is -22.10%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, Terreno Realty Corporation’s quarterly sales (YOY) is growing at 0.19, which is lower than the average annual revenue of 29.50% over the past half a decade.
The Return on Investment (ROI) on Terreno Realty Corporation’s stock currently stands at 2.90%, and it has a net profit margin of 30.00%. The operating margin of the company is 34.90%, and its gross margin is 74.10%.
TRNO Analysts Prediction
Another analyst that has a Buy rating for TRNO is Stifel, which set a price target of between $37 and $41.
Analysts at FBR Capital believe that TRNO is Mkt Perform, and they have a price target of between $24 and $26. Wunderlich and Sandler O’Neill also believe that Terreno Realty Corporation’s stock is outperforming at the moment. TRNO received a positive rating from Wunderlich, which set a price target of $25.50-$29.50 for the stock.
At the moment, Terreno Realty Corporation’s Total Debt to Equity ratio stands at 0.30, and they have a long-term Debt to Equity ratio of 0.30.
TRNO Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of TRNO currently stands at -1.83%, while the SMA50 is 0.15%. The biggest one is the SMA200, which is currently reading -3.10% ahead of Friday’s trading session. The Relative Strength Index of this stock is 44.71, while its price to earnings ratio (P/E) is 65.64.