CubeSmart (NYSE:CUBE) went down by -0.03% from its latest closing price compared to the recent 1-year high of $35.49. The company’s stock price has collected 4.19% of gains in the last five trading sessions. Press Release reported on 09/29/20 that CubeSmart Announces Pricing of 2.000% Senior Unsecured Notes Due 2031
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Is It Worth Investing in CubeSmart (NYSE :CUBE) Right Now?
CubeSmart (NYSE:CUBE) scored a price-to-earnings ratio above its average ratio, recording 39.02 x from its present earnings ratio. Plus, the 36-month beta value for CUBE is at 0.35. Opinions of the stock are interesting as 1 analysts out of 11 who provided ratings for CubeSmart declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $30.00, which is -$2.31 below the current price. CUBE currently public float of 192.63M and currently shorts hold a 3.46% ratio of that float. Today, the average trading volume of CUBE was 1.04M shares.
CUBE’s Market Performance
CUBE stocks went up by 4.19% for the week, with a monthly jump of 2.18% and a quarterly performance of 14.90%, while its annual performance rate touched -5.94%. The volatility ratio for the week stands at 1.94% while the volatility levels for the past 30 days are set at 2.16% for CubeSmart. The simple moving average for the period of the last 20 days is 0.73% for CUBE stocks with a simple moving average of 11.37% for the last 200 days.
Analysts’ Opinion of CUBE
Many brokerage firms have already submitted their reports for CUBE stocks, with BofA Securities repeating the rating for CUBE by listing it as a “Neutral.” The predicted price for CUBE in the upcoming period, according to BofA Securities is $32 based on the research report published on August 12th of the current year 2020.
Evercore ISI, on the other hand, stated in their research note that they expect to see CUBE reach a price target of $35. The rating they have provided for CUBE stocks is “Outperform” according to the report published on August 10th, 2020.
Raymond James gave a rating of “Outperform” to CUBE, setting the target price at $28 in the report published on April 08th of the current year.
CUBE Trading at 4.84% from the 50-Day Moving Average
After a stumble in the market that brought CUBE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.96% of loss for the given period.
Volatility was left at 2.16%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares surge +2.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.73% upper at present.
During the last 5 trading sessions, CUBE rose by +4.19%, which changed the moving average for the period of 200-days by +6.92% in comparison to the 20-day moving average, which settled at $32.11. In addition, CubeSmart saw 2.64% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CUBE starting from KELER MARIANNE M, who sale 10,000 shares at the price of $31.45 back on Aug 18. After this action, KELER MARIANNE M now owns 47,292 shares of CubeSmart, valued at $314,488 using the latest closing price.
Stock Fundamentals for CUBE
Current profitability levels for the company are sitting at:
- +24.34 for the present operating margin
- +42.02 for the gross margin
The net margin for CubeSmart stands at +26.27. The total capital return value is set at 4.25, while invested capital returns managed to touch 4.83. Equity return is now at value 9.00, with 4.00 for asset returns.
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Based on CubeSmart (CUBE), the company’s capital structure generated 109.94 points at debt to equity in total, while total debt to capital is 52.37. Total debt to assets is 49.09, with long-term debt to equity ratio resting at 109.23. Finally, the long-term debt to capital ratio is 52.03.
Currently, EBITDA for the company is 124.22M with total debt to EBITDA at 4.88. When we switch over and look at the enterrpise to sales, we see a ratio of 12.46, with the company’s debt to enterprise value settled at 0.25. The receivables turnover for the company is 38.91 and the total asset turnover is 0.17.
