Ryan Baltimore, Chief Operating Officer at BRT Apartments (NYSE:BRT), disclosed an insider sell on May 15, according to a recent SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Baltimore sold 6,250 shares of BRT Apartments. The total transaction value is $109,983.
As of Thursday morning, BRT Apartments shares are down by 0.0%, currently priced at $17.94.
About BRT Apartments
BRT Apartments Corp is a real estate investment trust company. The company is primarily focused on the ownership, operation, and development of multi-family properties. BRT also owns and operates other real estate assets. All of the Company’s assets are comprised of multi-family real estate assets generally leased to tenants on a one-year basis.
A Deep Dive into BRT Apartments’s Financials
Revenue Growth: BRT Apartments’s remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 1.57%. This signifies a substantial increase in the company’s top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Interpreting Earnings Metrics:
Gross Margin: The company shows a low gross margin of 54.59%, suggesting potential challenges in cost control and profitability compared to its peers.
Earnings per Share (EPS): BRT Apartments’s EPS is below the industry average. The company faced challenges with a current EPS of -0.17. This suggests a potential decline in earnings.
Debt Management: With a high debt-to-equity ratio of 2.08, BRT Apartments faces challenges in effectively managing its debt levels, indicating potential financial strain.
In-Depth Valuation Examination:
Price to Earnings (P/E) Ratio: BRT Apartments’s stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 89.7.
Price to Sales (P/S) Ratio: The P/S ratio of 3.41 is lower than the industry average, implying a discounted valuation for BRT Apartments’s stock in relation to sales performance.
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): A high EV/EBITDA ratio of 14.27 positions the company as being more valued compared to industry…
Click Here to Read the Full Original Article at Cryptocurrencies Feed…
