CTRE, why is this stock down today, does it have a good PE and PS rating? Is it intrinsic value higher than its stock price?

CareTrust REIT (CTRE) has experienced a decline in its stock price recently, but there are several factors at play that contribute to this downturn. Here's an analysis of the situation:

1. Technical Analysis Indicators: The stock has been beaten down lately with too much selling pressure, which has led to a 5.3% loss over the past four weeks. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. An RSI reading below 30, such as the 26.62 for CTRE, indicates that the stock may be oversold. This can be a signal for potential investors to consider entry opportunities.
2. Analysts' Expectations: However, the stock's decline is not solely due to technical factors. There has been a discrepancy between the company's earnings estimates, with the consensus EPS estimate for CTRE being lower than the actual EPS reported. This could lead to a loss of confidence in the company's financial performance, causing the stock price to fall.
3. Market Sentiment: The broader market sentiment and investor sentiment can also influence stock prices. If there is a general downturn in the real estate investment trust (REIT) sector or if there are concerns about the overall healthcare real estate market, it can negatively impact CTRE's stock price.
4. Valuation Metrics: CareTrust REIT has a price-to-earnings (P/E) ratio of 56.47 and a price-to-sales (P/S) ratio that is not available. These ratios are used to compare the stock's price to its earnings and sales. A high P/E ratio like CTRE's could suggest that the stock is overvalued, which may be a factor in the stock's decline.

5. Intrinsic Value: Whether the intrinsic value of CTRE is higher than its stock price is difficult to determine without a detailed analysis of the company's financials, market conditions, and growth prospects. Intrinsic value is an estimate of a company's true, long-term value, which can be influenced by factors such as earnings potential, growth prospects, and industry valuations.
6. Strategic Developments: It's important to consider the company's strategic initiatives and recent developments. CareTrust REIT has been making substantial investments and has a strong liquidity position, which could be positive indicators for its future growth. However, the market's reaction to these developments may not be immediate, and the stock price could continue to reflect short-term selling pressure.

In conclusion, while CTRE has a high P/E ratio, which suggests it may be overvalued, the stock's decline is likely due to a combination of factors, including oversold technical conditions, lower-than-expected earnings, broader market sentiment, and potential overvaluation. To determine if the intrinsic value of CTRE is higher than its stock price, a more comprehensive analysis of the company's financials and market conditions is necessary.