Extra Space Storage Inc. (NYSE:EXR) went down by -3.20% from its latest closing price compared to the recent 1-year high of $118.25. The company’s stock price has collected -7.04% of loss in the last five trading sessions. Press Release reported on 09/14/20 that Extra Space Storage Inc. to Present at Bank of America Merrill Lynch 2020 Global Real Estate Conference
Is It Worth Investing in Extra Space Storage Inc. (NYSE :EXR) Right Now?
Extra Space Storage Inc. (NYSE:EXR) scored a price-to-earnings ratio above its average ratio, recording 31.48 x from its present earnings ratio. Plus, the 36-month beta value for EXR is at 0.23.
EXR currently public float of 125.86M and currently shorts hold a 3.83% ratio of that float. Today, the average trading volume of EXR was 798.95K shares.
EXR’s Market Performance
EXR stocks went down by -7.04% for the week, with a monthly drop of -1.74% and a quarterly performance of 15.37%, while its annual performance rate touched -10.27%. The volatility ratio for the week stands at 2.72% while the volatility levels for the past 30 days are set at 2.17% for Extra Space Storage Inc.. The simple moving average for the period of the last 20 days is -3.97% for EXR stocks with a simple moving average of 4.05% for the last 200 days.
Analysts’ Opinion of EXR
Many brokerage firms have already submitted their reports for EXR stocks, with Citigroup repeating the rating for EXR by listing it as a “Neutral.” The predicted price for EXR in the upcoming period, according to Citigroup is $112 based on the research report published on September 21st of the current year 2020.
Goldman gave a rating of “Buy” to EXR, setting the target price at $111 in the report published on June 26th of the current year.
EXR Trading at 0.18% from the 50-Day Moving Average
After a stumble in the market that brought EXR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.72% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 2.72%, as shares sank -1.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.29% upper at present.
During the last 5 trading sessions, EXR fell by -7.04%, which changed the moving average for the period of 200-days by -2.89% in comparison to the 20-day moving average, which settled at $108.62. In addition, Extra Space Storage Inc. saw -1.16% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at EXR starting from Stubbs P Scott, who sale 11,505 shares at the price of $111.43 back on Sep 11. After this action, Stubbs P Scott now owns 144,788 shares of Extra Space Storage Inc., valued at $1,281,998 using the latest closing price.
Kirk Spencer, the Director of Extra Space Storage Inc., sale 85,000 shares at $107.99 during a trade that took place back on Sep 02, which means that Kirk Spencer is holding 1,489,866 shares at $9,178,878 based on the most recent closing price.
Stock Fundamentals for EXR
Current profitability levels for the company are sitting at:
- +33.50 for the present operating margin
- +55.69 for the gross margin
The net margin for Extra Space Storage Inc. stands at +31.75. The total capital return value is set at 5.59, while invested capital returns managed to touch 5.87. Equity return is now at value 17.50, with 5.10 for asset returns.
Based on Extra Space Storage Inc. (EXR), the company’s capital structure generated 209.69 points at debt to equity in total, while total debt to capital is 67.71. Total debt to assets is 62.42, with long-term debt to equity ratio resting at 186.19. Finally, the long-term debt to capital ratio is 60.12.
Currently, EBITDA for the company is 211.89M with total debt to EBITDA at 5.83. When we switch over and look at the enterrpise to sales, we see a ratio of 15.18, with the company’s debt to enterprise value settled at 0.27.