On Tuesday, CubeSmart (NYSE: CUBE) was -0.73% drop from the session before settling in for the closing price of $48.01. A 52-week range for CUBE has been $33.17 – $55.14.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 12.21%. When this article was written, the company’s average yearly earnings per share was at -5.04%. With a float of $223.23 million, this company’s outstanding shares have now reached $224.92 million.
Considering the fact that the conglomerate employs 3040 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 56.39%, operating margin of 46.19%, and the pretax margin is 38.21%.
CubeSmart (CUBE) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward CubeSmart stocks. The insider ownership of CubeSmart is 0.87%, while institutional ownership is 98.16%. The most recent insider transaction that took place on Sep 11 ’24, was worth 837,919. In this transaction Chief Human Resources Officer of this company sold 15,942 shares at a rate of $52.56, taking the stock ownership to the 10,847 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Chief Accounting Officer sold 868 for $53.64, making the entire transaction worth $46,560. This insider now owns 17,081 shares in total.
CubeSmart (CUBE) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.45 earnings per share (EPS) during the time that was better than consensus figure (set at 0.45) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.07% during the next five years compared to 15.49% growth over the previous five years of trading.
CubeSmart (NYSE: CUBE) Trading Performance Indicators
You can see what CubeSmart (CUBE) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.12. Likewise, its price to free cash flow for the trailing twelve months is 17.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.78, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 1.77 in one year’s time.
Technical Analysis of CubeSmart (CUBE)
Compared to the last year’s volume of 1.35 million, its volume of 1.12 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.81%. Additionally, its Average True Range was 0.88.
During the past 100 days, CubeSmart’s (CUBE) raw stochastic average was set at 44.65%, which indicates a significant increase from 13.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.36% in the past 14 days, which was lower than the 20.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.48, while its 200-day Moving Average is $46.17. Nevertheless, the first resistance level for the watch stands at $47.99 in the near term. At $48.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.72. If the price goes on to break the first support level at $47.26, it is likely to go to the next support level at $46.85. Should the price break the second support level, the third support level stands at $46.53.
CubeSmart (NYSE: CUBE) Key Stats
There are 225,199K outstanding shares of the company, which has a market capitalization of 10.73 billion. As of now, sales total 1,050 M while income totals 410,760 K. Its latest quarter income was 266,210 K while its last quarter net income were 93,960 K.
