AvalonBay Communities (AVB, $174.35) fundamental analysis of earnings
AvalonBay Communities Inc. (AVB) is a real estate investment trust (REIT) that owns, develops, and manages multifamily properties in the United States.
Fundamental Analysis of Earnings
To begin our analysis, let's take a look at AVB's earnings report for the fourth quarter of 2021, which was released on February 2, 2022. In the report, AVB reported funds from operations (FFO) of $2.33 per share, which was an increase of 14.9% compared to the same quarter last year. The company's net income attributable to common stockholders was $184.1 million, or $1.34 per share, compared to $143.2 million, or $1.04 per share, for the same quarter in 2020.
AVB's revenue for the fourth quarter of 2021 was $680.5 million, up from $679.8 million in the same quarter last year. The company's same-store net operating income (NOI) increased by 5.6% year-over-year. AVB's full-year 2021 FFO per share was $9.12, which was an increase of 7.7% compared to the previous year.
AVB's strong financial performance in 2021 was driven by a combination of factors, including higher rental rates, higher occupancy rates, and cost controls. The company also benefited from a strong housing market, which has driven demand for multifamily properties.
Recent Stock Performance
Now let's take a look at AVB's recent stock performance. As of February 23, 2022, AVB's stock price was $180.49 per share, which was down 3.6% from its 52-week high of $187.29 per share. The stock has been trading in a range between $163.06 and $187.29 per share over the past year.
AVB's stock price is currently below its lower Bollinger Band, which suggests that the stock may be oversold. However, it is important to note that the Bollinger Bands are just one technical indicator and should not be relied upon solely for trading decisions.
Combining Information for Trading Decisions
Based on our fundamental analysis of AVB's earnings, the company appears to be in a strong financial position with a solid outlook for growth. AVB's recent stock performance suggests that the stock may be oversold and could be due for a rebound.
The probability that AVB's stock price will grow further in the next month after breaking through its lower Bollinger Band is 68%, according to historical data. Traders may use this information to guide their trading decisions.
AVB seems to be a fundamentally sound business with a promising future. Based on its recent stock performance and historical data, traders may think about purchasing the stock or investigating call options. Yet, as with any investment, it's crucial to conduct research and carefully weigh the dangers.
AVB in downward trend: 10-day moving average broke below 50-day moving average on February 20, 2025
The 10-day moving average for AVB crossed bearishly below the 50-day moving average on February 20, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 14, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on AVB as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for AVB turned negative on February 18, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AVB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 56 cases where AVB's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
AVB moved above its 50-day moving average on February 20, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AVB advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 279 cases where AVB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AVB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.185) is normal, around the industry mean (1.987). P/E Ratio (27.640) is within average values for comparable stocks, (62.577). Projected Growth (PEG Ratio) (4.967) is also within normal values, averaging (7.058). Dividend Yield (0.037) settles around the average of (0.068) among similar stocks. P/S Ratio (9.276) is also within normal values, averaging (7.119).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manager of multifamily apartment communities
Industry RealEstateInvestmentTrusts