In the latest session, Public Storage. (NYSE: PSA) closed at $262.22 down -1.33% from its previous closing price of $265.76. On the day, 775587 shares were traded.
Ratios:
For a deeper understanding of Public Storage.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 124.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.47. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.83.
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, Wells Fargo on April 05, 2024, Upgraded its rating to Overweight and sets its target price to $310 from $280 previously.
On March 28, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Mkt Perform but kept the price unchanged to $330.
On March 27, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $330.Barclays initiated its Overweight rating on March 27, 2024, with a $330 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 13 ’23 when Vitan Nathaniel A. sold 265 shares for $282.17 per share. The transaction valued at 74,775 led to the insider holds 13,021 shares of the business.
REYES JOHN sold 53,275 shares of PSA for $14,542,560 on Dec 12 ’23. The Director now owns 174,192 shares after completing the transaction at $272.97 per share. On Dec 11 ’23, another insider, REYES JOHN, who serves as the Director of the company, sold 50,000 shares for $275.98 each. As a result, the insider received 13,798,989 and left with 174,192 shares of the company.
Valuation Measures:
As of this moment, Public’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.69, and their Forward P/E ratio for the next fiscal year is 23.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.20 while its Price-to-Book (P/B) ratio in mrq is 8.13.
Stock Price History:
Over the past 52 weeks, PSA has reached a high of $312.25, while it has fallen to a 52-week low of $233.18.
Shares Statistics:
A total of 175.67M shares are outstanding, with a floating share count of 157.79M. Insiders hold about 10.19% of the company’s shares, while institutions hold 82.43% stake in the company.
Earnings Estimates
There are Phillips 66 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $17.26, with high estimates of $78.94 and low estimates of $262.22.
Analysts are recommending an EPS of between $Technology and $Real Estate for the fiscal current year, implying an average EPS of $Energy.
