On Tuesday, CubeSmart (NYSE: CUBE) was 0.12% up from the session before settling in for the closing price of $49.86. A 52-week range for CUBE has been $38.31 – $55.14.
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A company in the Real Estate sector has jumped its sales by 12.21% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -5.05%. With a float of $224.18 million, this company’s outstanding shares have now reached $224.92 million.
In an organization with 3040 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 56.11%, operating margin of 50.65%, and the pretax margin is 37.9%.
CubeSmart (CUBE) Insider and Institutional Ownership
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 98.05%. 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.5 earnings per share (EPS) during the time that was better than consensus figure (set at 0.45) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.70% 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 10.67. Likewise, its price to free cash flow for the trailing twelve months is 19.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.77, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 1.77 in one year’s time.
Technical Analysis of CubeSmart (CUBE)
Let’s dig in a bit further. During the last 5-days, its volume was 1.3 million. That was inferior than the volume of 1.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 76.12%. Additionally, its Average True Range was 1.05.
During the past 100 days, CubeSmart’s (CUBE) raw stochastic average was set at 54.01%, which indicates a significant decrease from 81.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.25% in the past 14 days, which was lower than the 21.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.04, while its 200-day Moving Average is $46.58. However, in the short run, CubeSmart’s stock first resistance to watch stands at $50.26. Second resistance stands at $50.59. The third major resistance level sits at $51.02. If the price goes on to break the first support level at $49.50, it is likely to go to the next support level at $49.07. The third support level lies at $48.74 if the price breaches the second support level.
CubeSmart (NYSE: CUBE) Key Stats
There are 226,153K outstanding shares of the company, which has a market capitalization of 11.35 billion. As of now, sales total 1,050 M while income totals 410,760 K. Its latest quarter income was 270,890 K while its last quarter net income were 100,800 K.
