Is whlr a good buy at 3.60
6/13/2024 10:40pm
**Wheeler Real Estate Investment Trust (WHLR) does not appear to be a good buy at the current price of $3.60 per share.** Here's why:
1. **High P/E Ratio**: WHLR has a negative P/E (Price-to-Earnings) ratio of -0.19. A negative P/E ratio suggests that the company is not profitable, which is a red flag for investors.
2. **Earnings Per Share (EPS)**: The company's EPS has been negative in the recent past, with values as low as -$30.61. Negative EPS indicates that the company is not generating profits, which is a concern.
3. **Dividend Yield**: There is no data available for the dividend yield of WHLR. Dividend yield is an important metric for REITs, as they are often used as income-generating investments. The lack of data on dividend yield for WHLR could be a potential concern.
4. **Debt-to-Equity Ratio**: The company's debt-to-equity ratio is 4.02%, which is relatively high. A high debt-to-equity ratio can increase financial risk and negatively impact the company's ability to generate returns.
5. **Free Cash Flow**: The company's free cash flow has been negative in the past, with values as low as -$3.83 million. Negative free cash flow indicates that the company may not have the financial flexibility to invest in its properties or pay dividends.
In conclusion, WHLR does not appear to be a good buy at the current price of $3.60 per share due to its negative P/E ratio, negative EPS, lack of dividend yield data, high debt-to-equity ratio, and negative free cash flow. Investors should exercise caution and consider these factors before making an investment decision.