Extra Space Storage Inc. (NYSE:EXR) went down by -1.88% from its latest closing price compared to the recent 1-year high of $174.89. The company’s stock price has collected -2.85% of loss in the last five trading sessions. Press Release reported on 07/19/21 that Extra Space Storage Surpasses 2,000 Store Milestone
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 38.07 x from its present earnings ratio. Plus, the 36-month beta value for EXR is at 0.21. Opinions of the stock are interesting as 10 analysts out of 16 who provided ratings for Extra Space Storage Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $177.79, which is -$1.95 below the current price. EXR currently public float of 130.87M and currently shorts hold a 1.52% ratio of that float. Today, the average trading volume of EXR was 735.20K shares.
EXR’s Market Performance
EXR stocks went down by -2.85% for the week, with a monthly jump of 2.32% and a quarterly performance of 14.39%, while its annual performance rate touched 73.04%. The volatility ratio for the week stands at 1.71% while the volatility levels for the past 30 days are set at 1.80% for Extra Space Storage Inc.. The simple moving average for the period of the last 20 days is -0.66% for EXR stocks with a simple moving average of 27.72% for the last 200 days.
Analysts’ Opinion of EXR
Many brokerage firms have already submitted their reports for EXR stocks, with Wolfe Research repeating the rating for EXR by listing it as a “Outperform.” The predicted price for EXR in the upcoming period, according to Wolfe Research is $189 based on the research report published on June 15th of the current year 2021.
UBS, on the other hand, stated in their research note that they expect to see EXR reach a price target of $168. The rating they have provided for EXR stocks is “Buy” according to the report published on June 04th, 2021.
BMO Capital Markets gave a rating of “Market Perform” to EXR, setting the target price at $160 in the report published on May 14th of the current year.
EXR Trading at 5.55% 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 -4.25% of loss for the given period.
Volatility was left at 1.80%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares surge +2.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.26% upper at present.
During the last 5 trading sessions, EXR fell by -2.85%, which changed the moving average for the period of 200-days by +48.99% in comparison to the 20-day moving average, which settled at $168.78. In addition, Extra Space Storage Inc. saw 44.53% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at EXR starting from Margolis Joseph D, who sale 3,750 shares at the price of $164.89 back on Jul 01. After this action, Margolis Joseph D now owns 92,500 shares of Extra Space Storage Inc., valued at $618,338 using the latest closing price.
KUNDE GRACE, the SVP Accounting and Finance of Extra Space Storage Inc., sale 331 shares at $144.84 during a trade that took place back on May 14, which means that KUNDE GRACE is holding 10,368 shares at $47,944 based on the most recent closing price.
Stock Fundamentals for EXR
Current profitability levels for the company are sitting at:
- +44.63 for the present operating margin
- +52.95 for the gross margin
The net margin for Extra Space Storage Inc. stands at +32.37. The total capital return value is set at 7.04, while invested capital returns managed to touch 5.70. Equity return is now at value 22.50, with 6.40 for asset returns.
Based on Extra Space Storage Inc. (EXR), the company’s capital structure generated 235.88 points at debt to equity in total, while total debt to capital is 70.23. Total debt to assets is 63.96, with long-term debt to equity ratio resting at 217.85. Finally, the long-term debt to capital ratio is 64.86.
When we switch over and look at the enterprise to sales, we see a ratio of 15.69, with the company’s debt to enterprise value settled at 0.28.