CubeSmart (CUBE) recent activity suggests a positive outlook with the last week’s performance of -3.02%

On Tuesday, CubeSmart (NYSE: CUBE) opened lower -1.49% from the last session, before settling in for the closing price of $47.58. Price fluctuations for CUBE have ranged from $39.80 to $55.14 over the past 52 weeks.

Annual sales at Real Estate sector company grew by 12.21% over the past five years. Company’s average yearly earnings per share was noted -5.05% at the time writing. With a float of $224.18 million, this company’s outstanding shares have now reached $226.00 million.

Let’s look at the performance matrix of the company that is accounted for 3040 employees. 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

A key investor’s attitude towards the stock of the REIT – Industrial industry is another important factor to consider. The insider ownership of CubeSmart is 0.87%, while institutional ownership is 98.11%. 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

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

Check out the current performance indicators for CubeSmart (CUBE). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.02. Likewise, its price to free cash flow for the trailing twelve months is 18.59.

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 1.76 in one year’s time.

Technical Analysis of CubeSmart (CUBE)

CubeSmart (NYSE: CUBE) saw its 5-day average volume 1.28 million, a negative change from its year-to-date volume of 1.35 million. As of the previous 9 days, the stock’s Stochastic %D was 10.51%. Additionally, its Average True Range was 0.92.

During the past 100 days, CubeSmart’s (CUBE) raw stochastic average was set at 15.01%, which indicates a significant increase from 4.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.84% in the past 14 days, which was lower than the 20.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $49.06, while its 200-day Moving Average is $46.80. Nevertheless, the first resistance level for the watch stands at $47.35 in the near term. At $47.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.15. If the price goes on to break the first support level at $46.54, it is likely to go to the next support level at $46.22. The third support level lies at $45.74 if the price breaches the second support level.

CubeSmart (NYSE: CUBE) Key Stats

There are currently 226,153K shares outstanding in the company with a market cap of 10.66 billion. Presently, the company’s annual sales total 1,050 M according to its annual income of 410,760 K. Last quarter, the company’s sales amounted to 270,890 K and its income totaled 100,800 K.