$30.32
0.97% today
Nasdaq, Nov 26, 05:18 pm CET
ISIN
US14174T1079
Symbol
CTRE

CareTrust REIT Inc Target price 2024 - Analyst rating & recommendation

CareTrust REIT Inc Classifications & Recommendation:

Buy
75%
Hold
25%

CareTrust REIT Inc Price Target

Target Price $33.88
Price $30.03
Potential
Number of Estimates 8
8 Analysts have issued a price target CareTrust REIT Inc 2025 . The average CareTrust REIT Inc target price is $33.88. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 8 analysts: 6 Analysts recommend CareTrust REIT Inc to buy, 2 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 $ 217.77 224.18
11.03% 2.94%
EBITDA Margin 85.58% 114.92%
3.13% 34.28%
Net Margin 39.29% 67.55%
662.89% 71.93%

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

$224m
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. This is
16.69% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$227m 15.75%
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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
$224m 2.94%
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2025
$258m 15.22%
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2026
$323m 24.97%
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7 Analysts have issued an CareTrust REIT Inc EBITDA forecast 2024. The average CareTrust REIT Inc EBITDA estimate is

$258m
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. This is
11.84% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$263m 14.17%
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, the lowest is
$254m 10.10%
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.

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

EBITDA Estimates

2023 $186m 14.51%
2024
$258m 38.23%
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2025
$346m 34.18%
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2026
$408m 17.96%
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2027
$377m 7.53%
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EBITDA Margin

2023 85.58% 3.13%
2024
114.92% 34.28%
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2025
133.83% 16.45%
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2026
126.31% 5.62%
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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

$151m
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. This is
24.65% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$156m 28.17%
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, the lowest is
$147m 21.12%
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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
$151m 77.00%
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2025
$235m 55.37%
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Net Margin

2023 39.29% 662.89%
2024
67.55% 71.93%
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2025
91.09% 34.85%
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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 0.89
725.00% 78.00%
P/E 33.93
EV/Sales 25.19

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

$0.89
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. This is
25.35% 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
$0.91 28.17%
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, the lowest is
$0.86 21.13%
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.

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

Earnings Per Share

2023 $0.50 725.00%
2024
$0.89 78.00%
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2025
$1.38 55.06%
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P/E ratio

Current 42.17 23.96%
2024
33.93 19.54%
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2025
21.84 35.63%
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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

25.19
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
25.09
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.

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

EV/Sales

Current 20.99 31.76%
2024
25.19 20.02%
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2025
21.86 13.21%
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2026
17.50 19.98%
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P/S ratio

Current 20.91 59.51%
2024
25.09 20.03%
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2025
21.78 13.21%
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2026
17.43 19.98%
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