$26.80
0.96% yesterday
Nasdaq, Dec 30, 10:10 pm CET
ISIN
US14174T1079
Symbol
CTRE

CareTrust REIT Inc Target price 2024 - Analyst rating & recommendation

CareTrust REIT Inc Classifications & Recommendation:

Buy
67%
Hold
33%

CareTrust REIT Inc Price Target

Target Price $33.56
Price $26.80
Potential
Number of Estimates 9
9 Analysts have issued a price target CareTrust REIT Inc 2025 . The average CareTrust REIT Inc target price is $33.56. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 9 analysts: 6 Analysts recommend CareTrust REIT Inc to buy, 3 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the CareTrust REIT Inc stock has an average upside potential 2025 of . Most analysts recommend the CareTrust REIT Inc stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 217.77 225.93
11.03% 3.75%
EBITDA Margin 85.58% 112.45%
3.13% 31.40%
Net Margin 39.29% 63.62%
662.89% 61.93%

8 Analysts have issued a sales forecast CareTrust REIT Inc 2024 . The average CareTrust REIT Inc sales estimate is

$226m
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. This is
16.04% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$232m 13.94%
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, the lowest is
$221m 17.91%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $218m 11.03%
2024
$226m 3.75%
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2025
$277m 22.55%
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2026
$309m 11.77%
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8 Analysts have issued an CareTrust REIT Inc EBITDA forecast 2024. The average CareTrust REIT Inc EBITDA estimate is

$254m
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. This is
10.30% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$269m 16.74%
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, the lowest is
$222m 3.75%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $186m 14.51%
2024
$254m 36.32%
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2025
$361m 41.99%
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2026
$422m 16.88%
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2027
$377m 10.58%
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EBITDA Margin

2023 85.58% 3.13%
2024
112.45% 31.40%
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2025
130.29% 15.86%
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2026
136.24% 4.57%
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2 CareTrust REIT Inc Analysts have issued a net profit forecast 2024. The average CareTrust REIT Inc net profit estimate is

$144m
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. This is
18.31% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$147m 21.12%
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, the lowest is
$140m 15.49%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $85.6m 725.00%
2024
$144m 68.00%
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2025
$239m 66.07%
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2026
$243m 1.79%
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Net Margin

2023 39.29% 662.89%
2024
63.62% 61.93%
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2025
86.22% 35.52%
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2026
78.52% 8.93%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.50 0.84
725.00% 68.00%
P/E 32.21
EV/Sales 22.53

2 Analysts have issued a CareTrust REIT Inc forecast for earnings per share. The average CareTrust REIT Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.84
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. This is
18.31% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.86 21.13%
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, the lowest is
$0.82 15.49%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.50 725.00%
2024
$0.84 68.00%
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2025
$1.40 66.67%
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2026
$1.42 1.43%
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P/E ratio

Current 38.00 30.71%
2024
32.21 15.24%
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2025
19.40 39.77%
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2026
19.06 1.75%
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Based on analysts' sales estimates for 2024, the CareTrust REIT Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

22.53
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
22.44
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 18.92 19.90%
2024
22.53 19.10%
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2025
18.39 18.40%
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2026
16.45 10.53%
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P/S ratio

Current 18.84 45.37%
2024
22.44 19.10%
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2025
18.31 18.40%
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2026
16.38 10.53%
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