CubeSmart (NYSE: CUBE) on Tuesday, plunged -0.76% from the previous trading day, before settling in for the closing price of $45.89. Within the past 52 weeks, CUBE’s price has moved between $39.80 and $55.14.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 12.21%. The company achieved an average annual earnings per share of -5.05%. With a float of $224.18 million, this company’s outstanding shares have now reached $226.00 million.
The extent of productivity of a business whose workforce counts for 3040 workers is very important to gauge. 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
Observing investor behavior towards REIT – Industrial industry stocks is more important than anything else. 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
CubeSmart (CUBE) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.74. Likewise, its price to free cash flow for the trailing twelve months is 18.06.
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)
The latest stats from [CubeSmart, CUBE] show that its last 5-days average volume of 1.21 million was inferior to 1.35 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 4.83%. Additionally, its Average True Range was 0.86.
During the past 100 days, CubeSmart’s (CUBE) raw stochastic average was set at 1.34%, which indicates a significant decrease from 2.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.50% in the past 14 days, which was lower than the 19.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.48, while its 200-day Moving Average is $46.86. Now, the first resistance to watch is $45.95. This is followed by the second major resistance level at $46.36. The third major resistance level sits at $46.63. If the price goes on to break the first support level at $45.27, it is likely to go to the next support level at $45.00. The third support level lies at $44.59 if the price breaches the second support level.
CubeSmart (NYSE: CUBE) Key Stats
Market capitalization of the company is 10.36 billion based on 226,153K outstanding shares. Right now, sales total 1,050 M and income totals 410,760 K. The company made 270,890 K in profit during its latest quarter, and 100,800 K in sales during its previous quarter.
