What Are Analysts Talking About Mobile Infrastructure (BEEP)?

We recently published a list of 10 Stocks That Analysts Are Talking About. In this article, we are going to take a look at where Mobile Infrastructure Corporation (NYSE:BEEP) stands against other stocks that analysts are talking about.

Like any other informed investor, we are always on the hunt for stocks that analysts are talking about. Analysts use their in-depth research expertise, industry knowledge, and industry connections to figure out how well companies are doing every quarter.

Once they stumble upon something that could change the course of that company’s stock, they come out with analyst updates. These are usually in the form of an upgrade or downgrade, or simply an update on a previously assigned rating.

For retail investors, going through these reports saves a lot of time. This is why we came up with 10 stocks that analysts are talking about this week. To come up with the list of 10 stocks that analysts are talking about, we considered companies that received an analyst upgrade or coverage in the last 5 days.

Mobile Infrastructure Corporation (NYSE:BEEP)

Mobile Infrastructure Corporation (NYSE:BEEP) is a real estate investment trust (REIT) that owns different parking lots and garages mainly in the Midwest and Southwest regions of the US. B. Riley Securities initiated coverage of the company with a Buy rating.

The analysts believe the stock is trading at a discount to the value of its underlying assets. Some of this discount is justified as the company is not only highly leveraged but also doesn’t command a decent valuation because of its small size. However, the size of this discount is not justified, hence the buy rating.

Mobile Infrastructure (NYSE:BEEP) management intends to convert some of its assets from a leased-based operation to an operating structure which should give the company more control of its assets. On top of that, the company could use accretive asset recycling to improve its low-yielding surface lots, which it has in decent quantity. The upside potential from these moves makes the stock a buy according to the analysts.

Overall, BEEP ranks 4th on our list of stocks that analysts are talking about. While we acknowledge the potential of BEEP as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as BEEP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.