Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $300.41 in the prior trading day, Public Storage (NYSE: PSA) closed at $298.50, down -0.64%. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 0.51 million shares were traded. PSA stock price reached its highest trading level at $301.7 during the session, while it also had its lowest trading level at $297.04.
Ratios:
Our goal is to gain a better understanding of PSA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 117.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.24. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.90.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on January 10, 2025, Upgraded its rating to Hold and sets its target price to $299 from $298 previously.
On September 10, 2024, RBC Capital Mkts started tracking the stock assigning a Sector Perform rating and target price of $358.
BofA Securities Downgraded its Buy to Neutral on August 05, 2024, while the target price for the stock was maintained at $318.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 13 ’24 when Vitan Nathaniel A. sold 450 shares for $317.99 per share. The transaction valued at 143,096 led to the insider holds 2,364 shares of the business.
Vitan Nathaniel A. bought 450 shares of PSA for $143,096 on Dec 13 ’24. On Aug 23 ’24, another insider, Vitan Nathaniel A., who serves as the Chief Legal Officer of the company, sold 400 shares for $339.95 each. As a result, the insider received 135,978 and left with 2,814 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSA now has a Market Capitalization of 52361674752 and an Enterprise Value of 65718198272. As of this moment, Public’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.06, and their Forward P/E ratio for the next fiscal year is 27.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.15 while its Price-to-Book (P/B) ratio in mrq is 9.76. Its current Enterprise Value per Revenue stands at 13.937 whereas that against EBITDA is 19.704.
Stock Price History:
The Beta on a monthly basis for PSA is 0.78, which has changed by 0.05839801 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, PSA has reached a high of $369.99, while it has fallen to a 52-week low of $256.31. The 50-Day Moving Average of the stock is -0.52%, while the 200-Day Moving Average is calculated to be -5.58%.
Shares Statistics:
The stock has traded on average 734.70K shares per day over the past 3-months and 783410 shares per day over the last 10 days, according to various share statistics. A total of 175.41M shares are outstanding, with a floating share count of 157.52M. Insiders hold about 10.20% of the company’s shares, while institutions hold 82.16% stake in the company. Shares short for PSA as of 1740700800 were 3263264 with a Short Ratio of 4.44, compared to 1738281600 on 3156181. Therefore, it implies a Short% of Shares Outstanding of 3263264 and a Short% of Float of 2.39.
Dividends & Splits
In the trailing 12 months, PSA’s forward annual dividend rate was 12.0, compared to 12.00 this year. Against a Trailing Annual Dividend Yield of 0.03994541The stock’s 5-year Average Dividend Yield is 3.31.
