Agree Realty Corporation (ADC) Buy or Sell Stock Guide

Last updated: Last Friday

Are you looking for the analysis of Agree Realty Corporation (ADC) stock? Are you wondering what the bulls and the bears say about it?

If so, you came to the right place. In this stock guide, we will share with you 4 reasons to buy and 4 reasons to sell ADC stock. You’ll get a perspective on what the bulls and the bears say about it.

The analysis below may be also helpful to you if you have any of the following questions about ADC stock:

  • Is ADC a buy or a sell?
  • Should I sell or hold ADC stock today?
  • Is ADC a good buy / investment?
  • What are ADC analyst opinions, recommendations and ratings?

Let’s start with the bull case. Here are the reasons to buy ADC stock:

1. ADC quarterly revenue growth was 23.81%, higher than the industry and sector average revenue growth (3.77% and 5.40%, respectively). See ADC revenue growth chart.

2. ADC forward dividend yield is 3.49%, higher than the industry (0.85%) and sector (0.78%) forward dividend yields. See ADC forward dividend chart.

3. ADC average analyst rating is Buy. See ADC analyst rating chart.

4. ADC average analyst price target ($73.63) is above its current price ($65.57). See ADC price target chart.

Now that you understand the bull case, let’s look at the reasons to sell ADC stock (i.e., the bear case):

1. ADC profitability is declining. The YoY profit margin change was -10.60percentage points. See ADC profitability chart.

2. ADC Price/Sales ratio is 14.16, and it’s high compared to its industry peers’ P/S ratios. See ADC forward Price/Sales ratio chart.

3. ADC short share of float is 20.88%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See ADC short share of float chart.

4. ADC short interest (days to cover the shorts) ratio is 19.97. The stock garners more short interest than the average industry, sector or S&P 500 stock. See ADC short interest ratio chart.

Now let's look at the key statistics for ADC:

Metrics ADC
Price $65.64
Average Price Target / Upside $73.63 / 12.17%
Average Analyst Rating Buy
Industry REIT - Retail
Sector Real Estate
Number of Employees 36
Market Cap $2.52B
Forward P/E Ratio N/A
Price/Book Ratio 14.1651
Revenue (TTM) $158.22M
YoY Quarterly Revenue Growth 23.809523809523807%
Profit Margin 37.96612311970674%

What are your thoughts on ADC?

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