Two Directors at Cencora Inc sold/sold after exercising options 9,046 shares at between 295.300USD and 297.405USD. The significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the co...
A director at Coresite Realty Corp sold 4,000 shares at 144.911USD and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...
The independent financial analyst theScreener just lowered the general evaluation of CORESITE REALTY (US), active in the Real Estate Holding & Development industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date October 1, 2021, the closing price was USD 140...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
CoreSite Realty Corp is a real estate investment trust (REIT), founded in 2001. The Company, through its controlling interest in CoreSite, L.P. (Operating Partnership), is engaged in the business of owning, acquiring, constructing and operating data centers across eight key North American markets.
• A number of Healthcare names are pulling back to logical support areas. (ex. EW, EGRX, ARWR, RGEN, LCI, CTLT, and PBH) • The Technology Sector continues to have a number of technically attractive names that are pulling back to support levels. (ex. FORM, MKSI, NVDA, MU, SYNA, ANSS, COHR, and WDC) • Defensive Sectors such REITs and Consumer Staples remain leadership. (ex. LW, PEP, UHT, NSA, COR, and LSI)
CoreSite has repeatedly referred to 2019 as a transition year, when constrained capacity will limit its growth potential as it invests heavily in new development to better meet demand in 2020. The firm's first-quarter results reflected the slowing but were in line with our revenue, EBITDA, and funds from operations estimates, despite falling slightly below consensus. We expect improvement throughout the year, as new capacity comes on line, and better results in 2020. Ironically, one of the quali...
CoreSite has repeatedly referred to 2019 as a transition year, when constrained capacity will limit its growth potential as it invests heavily in new development to better meet demand in 2020. The firm's first-quarter results reflected the slowing but were in line with our revenue, EBITDA, and funds from operations estimates, despite falling slightly below consensus. We expect improvement throughout the year, as new capacity comes on line, and better results in 2020. Ironically, one of the quali...
CoreSite operates carrier hotels and prioritizes interconnection, which we think makes the firm's business much more attractive than nearly all competitors over the long term. Most data center providers emphasize providing space for tenants and are riding the current wave that the cloud has sparked--cloud providers' use of third-party data centers has been exploding, and cloud customers often become tenants on the same campuses to maximize the performance of their hybrid cloud solutions. While C...
After CoreSite's disappointing results last quarter, we were conditioned to expect less than stellar results over the next several quarters, as the company deals with insufficient supply to meet demand and higher build costs while it increases capacity. Fourth-quarter results and 2019 guidance the company offered were consistent with that outlook. Although we'd classify the self-imposed headwinds as execution missteps, we won't disparage management for being consistent with the firm's culture, w...
After CoreSite's disappointing results last quarter, we were conditioned to expect less than stellar results over the next several quarters, as the company deals with insufficient supply to meet demand and higher build costs while it increases capacity. Fourth-quarter results and 2019 guidance the company offered were consistent with that outlook. Although we'd classify the self-imposed headwinds as execution missteps, we won't disparage management for being consistent with the firm's culture, w...
After CoreSite's disappointing results last quarter, we were conditioned to expect less than stellar results over the next several quarters, as the company deals with insufficient supply to meet demand and higher build costs while it increases capacity. Fourth-quarter results and 2019 guidance the company offered were consistent with that outlook. Although we'd classify the self-imposed headwinds as execution missteps, we won't disparage management for being consistent with the firm's culture, w...
CoreSite operates carrier hotels and prioritizes interconnection, which we think makes the firm's business much more attractive than nearly all competitors over the long term. Most data center providers emphasize providing space for tenants and are riding the current wave that the cloud has sparked--cloud providers' use of third-party data centers has been exploding, and cloud customers often become tenants on the same campuses to maximize the performance of their hybrid cloud solutions. While C...
CoreSite reported a strong third quarter that exceeded consensus estimates for revenue, EBITDA, and funds from operations and left the firm tracking slightly ahead of our full-year expectations. However, capacity constraints resulted in lower new lease signings and a diminished pipeline that will likely cause 2019 results to fall below our projections and require a higher level of capital spending than we forecast. We plan to reduce our $110 fair value estimate by $3-$5 to account for that outlo...
CoreSite reported a strong third quarter that exceeded consensus estimates for revenue, EBITDA, and funds from operations and left the firm tracking slightly ahead of our full-year expectations. However, capacity constraints resulted in lower new lease signings and a diminished pipeline that will likely cause 2019 results to fall below our projections and require a higher level of capital spending than we forecast. We plan to reduce our $110 fair value estimate by $3-$5 to account for that outlo...
CoreSite reported a strong third quarter that exceeded consensus estimates for revenue, EBITDA, and funds from operations and left the firm tracking slightly ahead of our full-year expectations. However, capacity constraints resulted in lower new lease signings and a diminished pipeline that will likely cause 2019 results to fall below our projections and require a higher level of capital spending than we forecast. We plan to reduce our $110 fair value estimate by $3-$5 to account for that outlo...
We are initiating coverage on CoreSite with a narrow moat, stable moat trend, and fair value estimate of $110 per share, which implies an EV/adjusted EBITDA multiple of 17 and a price/AFFO multiple of 24 based on our 2018 forecast. We view the stock as fairly valued at current levels, but we would jump at this name on a material pullback. CoreSite operates carrier hotels and prioritizes interconnection, which we think makes the firm's business much more attractive than nearly all competitors ov...
We are initiating coverage on CoreSite with a narrow moat, stable moat trend, and fair value estimate of $110 per share, which implies an EV/adjusted EBITDA multiple of 17 and a price/AFFO multiple of 24 based on our 2018 forecast. We view the stock as fairly valued at current levels, but we would jump at this name on a material pullback. CoreSite operates carrier hotels and prioritizes interconnection, which we think makes the firm's business much more attractive than nearly all competitors ove...
CoreSite operates carrier hotels and prioritizes interconnection, which we think makes the firm's business much more attractive than nearly all competitors over the long term. Most data center providers emphasize providing space for tenants and are riding the current wave that the cloud has sparked--cloud providers' use of third-party data centers has been exploding, and cloud customers often become tenants on the same campuses to maximize the performance of their hybrid cloud solutions. While C...
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