Granite Real Estate Investment Trust (TSX:GRT.UN)’s Target Weight Reaches 0.07000 as Profit Growth Hits 0.30080

Investors looking to measure the profitability of Granite Real Estate Investment Trust (TSX:GRT.UN) should take note of the one year net profit growth ratio of 0.30080.  Ultimately profitability is the metric that matters for a firm and it’s investors.  Companies able to post consistent profits likely will see consistent share price growth as well.

Although the investing process is fairly straightforward, securing consistent returns in the stock market is not easy. Throwing hard earned money at un-researched investments can eventually lead the investor down the road to ruin. Every individual investor may have different goals when starting out. Aligning these goals with a specific plan can create a solid foundation for the future. Nobody can predict what the future will hold, but being aware of market conditions can be a great asset when attempting to navigate the terrain while mitigating risk. Once the vision of the individual investor is clear, the road to sustaining profits may be much easier to travel.

Granite Real Estate Investment Trust (TSX:GRT.UN) shares currently have a 125/250 day adjusted slope average of 29.53622. The Adjusted Slope 125/250d indicator is equal to the average annualized exponential regression slope, over the past 125 and 250 trading days, multiplied by the coefficient of determination (R2). This indicator is useful in helping find shares that have been on a consistent upward direction over the past six months to a year. Generally speaking, the higher the 125/250 value the better as this would indicate a consistent increase closely correlates to the actual stock price.

As company earnings reports continue to roll in, investors will be watching to see which companies hit their numbers for the last reporting period. Investors will also be watching which sectors are reporting the best earnings numbers. A positive overall earnings season could mean that the stock market could keep climbing. Many investors may be cautious with the market trading at current levels. Even though the gloom and doom prognosticators are out in full force, investors have to do the research and decide for themselves which way they believe the market will move in the next couple of months. 

Shares of Granite Real Estate Investment Trust (TSX:GRT.UN) are showing an adjusted slope average of the past 125 and 250 days of 29.53622. The Adjusted Slope 125/250d indicator is equal to the average annualized exponential regression slope, over the past 125 and 250 trading days, multiplied by the coefficient of determination (R2). The purpose of this calculation is to provide a longer term average adjusted slope value that evens out large stock price movements by using the average. This indicator is useful in helping find stocks that have been on a smooth upward trend over the past 6 months to a year.

Granite Real Estate Investment Trust (TSX:GRT.UN) of the Real Estate Investment & Services sector closed the recent session at 63.840000 with a market value of $2177488.

Debt

In looking at some Debt ratios, Granite Real Estate Investment Trust (TSX:GRT.UN) has a debt to equity ratio of 0.52220 and a Free Cash Flow to Debt ratio of 0.121072. This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at 3.62576. This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. Granite Real Estate Investment Trust’s ND to MV current stands at 0.221130. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.

Investor Target Weight

Granite Real Estate Investment Trust (TSX:GRT.UN) has a current suggested portfolio rate of 0.07000 (as a decimal) ownership. Target weight is the volatility adjusted recommended position size for a stock in your portfolio. The maximum target weight is 7% for any given stock. The indicator is based off of the 100 day volatility reading and calculates a target weight accordingly. The more recent volatility of a stock, the lower the target weight will be. The 3-month volatility stands at 11.053700 (decimal). This is the normal returns and standard deviation of the stock price over three months annualized.

50/200 Simple Moving Average Cross

Granite Real Estate Investment Trust (TSX:GRT.UN) has a 1.09097 50/200 day moving average cross value. Cross SMA 50/200 (SMA = Simple Moving Average) and is calculated as follows:

Cross SMA 50/200 = 50 day moving average / 200day moving average. If the Cross SMA 50/200 value is greater than 1, it tell us that the 50 day moving average is above the 200 day moving average (golden cross), indicating an upward moving share price.

On the other hand if the Cross SMA 50/200 value is less than 1, this shows that the 50 day moving average is below the 200 day moving average (a death cross), and tells us that share prices has fallen recently and may continue to do so.

When undertaking stock analysis, investors might be searching for companies that are presently undervalued. Undervalued stocks may provide a higher chance of realizing big gains. Finding undervalued stocks that are high quality can be the biggest challenge for the investor. Many investors will dig into the numbers and look for companies that have been consistently making lots of money and performing well on the earnings front. 

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