(ALEX) Alexander & Baldwin - Ratings and Ratios

Alexander & Baldwin Holdings Inc (NYSE:ALEX) is a unique player in the real estate investment trust (REIT) space, focusing exclusively on Hawaii commercial real estate. As the states largest owner of grocery-anchored, neighborhood shopping centers, A&B has a diversified portfolio comprising approximately four million square feet of commercial space, including 21 retail centers, 14 industrial assets, four office properties, and 146 acres of ground lease assets.

With a rich 155-year history, A&B has demonstrated its ability to adapt to the evolving Hawaii economy, playing a significant leadership role in various industries such as agriculture, transportation, tourism, construction, residential, and commercial real estate. The companys long-standing presence and diversified holdings position it for continued success in the region.

From a technical analysis perspective, ALEX is currently trading at $17.86, slightly above its 20-day simple moving average (SMA) of $17.71 and 50-day SMA of $17.10. The stock is also near its 200-day SMA of $17.68, indicating a stable trend. The average true range (ATR) of 0.29 represents a 1.61% daily price movement, suggesting moderate volatility.

Fundamentally, A&Bs market capitalization stands at $1.313 billion, with a price-to-earnings (P/E) ratio of 20.08 and a forward P/E of 24.94. The companys return on equity (RoE) is 6.19%, indicating a relatively stable return for shareholders.

Forecasting future performance, we can expect ALEX to continue its stable trend, potentially driven by the growing demand for commercial real estate in Hawaii. With a strong presence in the region and a diversified portfolio, A&B is well-positioned to capitalize on emerging opportunities. Based on the technical data, a potential price target could be $19.50, representing a 9% increase from current levels. However, this would depend on various factors, including the overall market conditions and the companys future financial performance.

Investors should closely monitor A&Bs quarterly earnings reports and watch for any changes in the Hawaii commercial real estate market. With a strong track record and a solid financial position, ALEX is likely to remain a stable holding for investors seeking exposure to the regions commercial real estate sector.