Most Active Stock: CubeSmart (NYSE:CUBE)

CubeSmart (NYSE:CUBE)

Citigroup Maintains CubeSmart (NYSE:CUBE)’s stock to Neutral with the price target of $29. This rating was issued on 10/05/18. The stock recently closed its previous session at $27.29 by showing a percentage change of -1.05% from its previous day closing price of $27.58.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on CubeSmart (NYSE:CUBE) in which Evercore ISI Group Upgrades CubeSmart (NYSE:CUBE) to Outperform with no specific Price Target on 9/10/18. Jefferies Downgrades the stock to Hold on 7/17/18 with no specific Price Target. Bank of America Maintains the company’s stock to Neutral on 7/16/18 by setting a price target of $34. Citigroup Maintains CubeSmart (NYSE:CUBE) to Neutral with a price target of $33.

CubeSmart (NYSE:CUBE) currently has a consensus Price Target of $31.78. While some analysts have a High Price target for the stock of $35 and a Low Price Target of $29.

Several sell side analysts reviewed their recommendations on CubeSmart (NYSE:CUBE) where 0 analyst have rated the stock as Strong Buy, 2 analysts said it’s a Buy, 9 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.64. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, CubeSmart (NYSE:CUBE) reported its Actual EPS of $0.21/share. The analysts offering Earnings Estimates for the company were believing that CubeSmart (NYSE:CUBE) could bring EPS of $0.22/share. The difference between Actual EPS and Estimated EPS was -0.01 Percent. Thus the company showed an Earnings Surprise of -4.5 Percent.

CubeSmart (NYSE:CUBE) has a market capitalization of 5.13 Billion. The stock traded with the volume of 1.79 Million shares in the last trading session. The stock touched its high share price of $33.18 on 07/09/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/26/17 as $24.96. The company has a 1 Year high price target of $31.78. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -5.01%. The Moving Average SMA50 is -8.51% while SMA200 is -6.63%.

CubeSmart (NYSE:CUBE) is currently showing its ROA (Return on Assets) of 4.2%. The Return on Investment (ROI) is at 6% while it’s Return on Equity (ROE) value stands at 9.2%. The stock currently shows its YTD (Year to Date) performance of -5.64 percent while its Weekly performance value is -1.41%. The Monthly and Yearly performances are -10.14 percent and 4.4 percent respectively. The Relative Volume value measured for CubeSmart (NYSE:CUBE) is 1.33. The Average Volume (3 months) is 1.35 Million.

The stock currently has its Annual Dividend of $1.2 and an annual Dividend Yield of 4.4 Percent. CUBE has P/E (Price to Earnings ttm) value of 33.32, Forward P/E of 32.03, P/C (Price to cash per share) of 776.8 and Price to Free Cash Flow (P/FCF) value of 309.77. The stock is showing its Operating Margin of 36.9 percent.

Company Profile:

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition and development of self storage facilities in the United States. Its self storage facilities are designed to offer storage space for residential and commercial customers. CubeSmart, formally known as U-Store-It Trust, is based in Wayne, Pennsylvania.