In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, CubeSmart (NYSE: CUBE) closed at $41.60 down -2.92% from its previous closing price of $42.85. In other words, the price has decreased by -$2.92 from its previous closing price. On the day, 1.06 million shares were traded. CUBE stock price reached its highest trading level at $42.37 during the session, while it also had its lowest trading level at $41.405.
Ratios:
For a deeper understanding of CubeSmart’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 208.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.50. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 1.06.
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, Jefferies on January 02, 2025, Downgraded its rating to Hold and sets its target price to $46 from $57 previously.
On September 13, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $53 to $54.
On September 10, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $56.RBC Capital Mkts initiated its Outperform rating on September 10, 2024, with a $56 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 Sep 11 ’24 when Schulte Jennifer sold 15,942 shares for $52.56 per share. The transaction valued at 837,919 led to the insider holds 10,847 shares of the business.
DeNarie Matthew D sold 868 shares of CUBE for $46,560 on Sep 13 ’24. The Chief Accounting Officer now owns 17,081 shares after completing the transaction at $53.64 per share. On Sep 11 ’24, another insider, Schulte Jennifer, who serves as the Officer of the company, bought 15,942 shares for $53.52 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CUBE now has a Market Capitalization of 9459215360 and an Enterprise Value of 12391654400. As of this moment, CubeSmart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.46, and their Forward P/E ratio for the next fiscal year is 23.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.89 while its Price-to-Book (P/B) ratio in mrq is 3.38. Its current Enterprise Value per Revenue stands at 11.614 whereas that against EBITDA is 17.826.
Stock Price History:
Over the past 52 weeks, CUBE has reached a high of $55.14, while it has fallen to a 52-week low of $39.80. The 50-Day Moving Average of the stock is -11.52%, while the 200-Day Moving Average is calculated to be -11.06%.
Shares Statistics:
For the past three months, CUBE has traded an average of 1.40M shares per day and 1591760 over the past ten days. A total of 226.00M shares are outstanding, with a floating share count of 224.18M. Insiders hold about 0.87% of the company’s shares, while institutions hold 98.10% stake in the company. Shares short for CUBE as of 1734048000 were 3718366 with a Short Ratio of 2.67, compared to 1731628800 on 4896898. Therefore, it implies a Short% of Shares Outstanding of 3718366 and a Short% of Float of 2.23.
Dividends & Splits
According to the company, the forward annual dividend rate for CUBE is 2.05, from 2.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.04819277The stock’s 5-year Average Dividend Yield is 3.95.
