The Stratus Properties Inc. (STRS) shares are trading at higher $18.00.
To add more color to this target, the company’s high over the last year is $33.40 and the low is $12.00. Over the last 52 weeks, STRS is down -46.11% while the S&P 500 is up 1.07%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, STRS reported a profit of $-2.92 million. Stratus Properties Inc. also saw revenues decrease to $-35.67 million. In addition, STRS has free cash flow of -$64.91 million as of 12-2019 The company’s EBITDA came in at $1.49 million which compares well with its peers.
STRS booked profit margins of -8.20%, its Return on Equity (ROE) is -2.00%, and its Return on Assets is -0.40%. All told, it is clear that, STRS needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. STRS has a short ratio of 10.83 and outstanding shares of 8.18M.
STRS has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 11300.0 and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.34. Investors should also keep an eye on sector updates as STRS has historically followed its peers on positive news.
All told, Stratus Properties Inc. STRS has strung together solid data and demonstrated underlying fundamentals. At its current valuation, STRS represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Stratus Properties Inc. STRS is now commanding a market cap of 151.92M and a float of 6.88M. STRS is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of STRS stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in STRS, either long or short, and we have not been compensated for this article.