CareTrust REIT, Inc. (CTRE) Trades at $13.23 After Triangle; Shorts at Top Ships (TOPS) Raised By 11.54%

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Top Ships Inc (NASDAQ:TOPS) had an increase of 11.54% in short interest. TOPS’s SI was 1.31M shares in April as released by FINRA. Its up 11.54% from 1.17M shares previously. With 4.17 million avg volume, 0 days are for Top Ships Inc (NASDAQ:TOPS)’s short sellers to cover TOPS’s short positions. The stock decreased 1.78% or $0.03 during the last trading session, reaching $1.66. About 125,896 shares traded. Top Ships Inc. (NASDAQ:TOPS) has declined 100.00% since April 30, 2017 and is downtrending. It has underperformed by 111.55% the S&P500.

CareTrust REIT, Inc. (CTRE) formed triangle with $13.76 target or 4.00% above today’s $13.23 share price. CareTrust REIT, Inc. (CTRE) has $1.01B valuation. The stock decreased 0.23% or $0.03 during the last trading session, reaching $13.23. About 117,121 shares traded. CareTrust REIT, Inc. (NASDAQ:CTRE) has declined 16.26% since April 30, 2017 and is downtrending. It has underperformed by 27.81% the S&P500.

Top Ships Inc. provides seaborne transportation services worldwide. The company has market cap of $28.18 million. It owns and operates medium range tanker vessels that transport crude oil, petroleum products, and bulk liquid chemicals. It currently has negative earnings. The firm transports petroleum products and crude oil for the oil industry.

Among 11 analysts covering Caretrust REIT (NASDAQ:CTRE), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Caretrust REIT has $21 highest and $13 lowest target. $17.10’s average target is 29.25% above currents $13.23 stock price. Caretrust REIT had 29 analyst reports since August 12, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of CTRE in report on Monday, March 26 with “Hold” rating. As per Tuesday, March 6, the company rating was maintained by KeyBanc Capital Markets. The stock of CareTrust REIT, Inc. (NASDAQ:CTRE) earned “Buy” rating by Stephens on Friday, January 12. The stock of CareTrust REIT, Inc. (NASDAQ:CTRE) earned “Hold” rating by Zacks on Wednesday, August 12. Raymond James initiated CareTrust REIT, Inc. (NASDAQ:CTRE) on Monday, August 24 with “Outperform” rating. The firm has “Buy” rating given on Thursday, March 30 by Canaccord Genuity. The firm has “Buy” rating given on Thursday, August 3 by Canaccord Genuity. The firm earned “Sector Perform” rating on Tuesday, January 3 by RBC Capital Markets. The stock of CareTrust REIT, Inc. (NASDAQ:CTRE) earned “Market Perform” rating by Wells Fargo on Tuesday, July 26. Stephens maintained CareTrust REIT, Inc. (NASDAQ:CTRE) on Monday, March 5 with “Buy” rating.

Analysts await CareTrust REIT, Inc. (NASDAQ:CTRE) to report earnings on May, 1. They expect $0.31 earnings per share, up 6.90% or $0.02 from last year’s $0.29 per share. CTRE’s profit will be $23.60M for 10.67 P/E if the $0.31 EPS becomes a reality. After $0.31 actual earnings per share reported by CareTrust REIT, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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