The stock of CubeSmart (CUBE) has seen a 2.07% increase in the past week, with a -1.43% drop in the past month, and a -12.58% decrease in the past quarter. The volatility ratio for the week is 2.37%, and the volatility levels for the past 30 days are at 2.24% for CUBE. The simple moving average for the last 20 days is 1.27% for CUBE’s stock, with a simple moving average of -9.75% for the last 200 days.
Is It Worth Investing in CubeSmart (NYSE: CUBE) Right Now?
CubeSmart (NYSE: CUBE) has a higher price-to-earnings ratio of 23.66x compared to its average ratio, The 36-month beta value for CUBE is at 0.88. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 3 rating it as “overweight,” 13 as “hold,” and 1 as “sell.”
The public float for CUBE is 224.08M, and currently, shorts hold a 1.49% of that float. The average trading volume for CUBE on January 31, 2025 was 1.47M shares.
CUBE) stock’s latest price update
CubeSmart (NYSE: CUBE)’s stock price has soared by 1.16 in relation to previous closing price of 41.49. Nevertheless, the company has seen a gain of 2.07% in its stock price over the last five trading days. zacks.com reported 2025-01-28 that Investors with an interest in REIT and Equity Trust – Other stocks have likely encountered both DiamondRock Hospitality (DRH) and CubeSmart (CUBE). But which of these two stocks presents investors with the better value opportunity right now?
Analysts’ Opinion of CUBE
Deutsche Bank, on the other hand, stated in their research note that they expect to see CUBE reach a price target of $45, previously predicting the price at $46. The rating they have provided for CUBE stocks is “Hold” according to the report published on January 10th, 2025.
Jefferies gave a rating of “Hold” to CUBE, setting the target price at $46 in the report published on January 02nd of the current year.
CUBE Trading at -5.80% 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 -23.88% of loss for the given period.
Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 2.37%, as shares sank -0.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.43% lower at present.
During the last 5 trading sessions, CUBE rose by +2.07%, which changed the moving average for the period of 200-days by -4.22% in comparison to the 20-day moving average, which settled at $41.44. In addition, CubeSmart saw -2.05% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CUBE starting from Schulte Jennifer, who sale 15,942 shares at the price of $52.56 back on Sep 11 ’24. After this action, Schulte Jennifer now owns 10,847 shares of CubeSmart, valued at $837,919 using the latest closing price.
DeNarie Matthew D, the Chief Accounting Officer of CubeSmart, sale 868 shares at $53.64 during a trade that took place back on Sep 13 ’24, which means that DeNarie Matthew D is holding 17,081 shares at $46,560 based on the most recent closing price.
Stock Fundamentals for CUBE
Current profitability levels for the company are sitting at:
- 0.51 for the present operating margin
- 0.56 for the gross margin
The net margin for CubeSmart stands at 0.38. The total capital return value is set at 0.09. Equity return is now at value 14.37, with 6.47 for asset returns.
Based on CubeSmart (CUBE), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 1.06. The interest coverage ratio of the stock is 11.6.
Currently, EBITDA for the company is 703.12 million with net debt to EBITDA at 4.19. When we switch over and look at the enterprise to sales, we see a ratio of 11.65. The receivables turnover for the company is 30.1for trailing twelve months and the total asset turnover is 0.17.
Conclusion
In conclusion, CubeSmart (CUBE) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
