National Storage Affiliates Trust (NYSE: NSA) has a higher price-to-earnings ratio of 23.74x compared to its average ratio, The 36-month beta value for NSA is at 0.97. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 3 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for NSA is 68.11M, and currently, shorts hold a 6.35% of that float. The average trading volume for NSA on July 19, 2024 was 752.03K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
NSA) stock’s latest price update
National Storage Affiliates Trust (NYSE: NSA) has experienced a decline in its stock price by -1.61 compared to its previous closing price of 45.84. However, the company has seen a gain of 7.23% in its stock price over the last five trading days. investorplace.com reported 2024-07-16 that Real Estate Investment Trusts, or REITs, are an asset class allowing investors to gain real estate exposure without buying properties. Investors could be interested in REITs for many reasons, but the most likely one is elevated dividend yields.
NSA’s Market Performance
National Storage Affiliates Trust (NSA) has experienced a 7.23% rise in stock performance for the past week, with a 10.00% rise in the past month, and a 25.87% rise in the past quarter. The volatility ratio for the week is 3.30%, and the volatility levels for the past 30 days are at 2.53% for NSA. The simple moving average for the past 20 days is 7.74% for NSA’s stock, with a 23.34% simple moving average for the past 200 days.
Analysts’ Opinion of NSA
Many brokerage firms have already submitted their reports for NSA stocks, with Barclays repeating the rating for NSA by listing it as a “Equal Weight.” The predicted price for NSA in the upcoming period, according to Barclays is $39 based on the research report published on March 27, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see NSA reach a price target of $33. The rating they have provided for NSA stocks is “Sell” according to the report published on January 30th, 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to NSA, setting the target price at $45 in the report published on January 05th of the current year.
NSA Trading at 14.68% from the 50-Day Moving Average
After a stumble in the market that brought NSA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.63% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares surge +7.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.70% upper at present.
During the last 5 trading sessions, NSA rose by +7.23%, which changed the moving average for the period of 200-days by +42.09% in comparison to the 20-day moving average, which settled at $42.01. In addition, National Storage Affiliates Trust saw 8.75% 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 NSA starting from Meisinger Chad LeRoy, who purchase 18,405 shares at the price of $37.74 back on Jun 07 ’24. After this action, Meisinger Chad LeRoy now owns 114,155 shares of National Storage Affiliates Trust, valued at $694,605 using the latest closing price.
Nordhagen Arlen Dale, the Vice Chairperson of National Storage Affiliates Trust, purchase 6,500 shares at $36.50 during a trade that took place back on Dec 11 ’23, which means that Nordhagen Arlen Dale is holding 4,027,726 shares at $237,250 based on the most recent closing price.
Stock Fundamentals for NSA
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.68 for the gross margin
The net margin for National Storage Affiliates Trust stands at 0.22. The total capital return value is set at 0.01. Equity return is now at value 12.82, with 3.23 for asset returns.
Based on National Storage Affiliates Trust (NSA), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 2.57. The interest coverage ratio of the stock is 0.35.
Currently, EBITDA for the company is 565.23 million with net debt to EBITDA at 5.85. When we switch over and look at the enterprise to sales, we see a ratio of 9.97. The receivables turnover for the company is 47.22for trailing twelve months and the total asset turnover is 0.16.
Conclusion
In conclusion, National Storage Affiliates Trust (NSA) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
