On Friday, CubeSmart (NYSE: CUBE) was 2.20% up from the session before settling in for the closing price of $41.74. A 52-week range for CUBE has been $39.80 – $55.14.
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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 -5.05%. With a float of $224.18 million, this company’s outstanding shares have now reached $226.00 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 56.11%, operating margin of 50.65%, and the pretax margin is 37.9%.
CubeSmart (CUBE) Breakdown of a Key Holders of the stock
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 98.08%. 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) Recent Fiscal highlights
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 9.32. Likewise, its price to free cash flow for the trailing twelve months is 17.29.
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)
Compared to the last year’s volume of 1.36 million, its volume of 2.12 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 5.80%. Additionally, its Average True Range was 1.08.
During the past 100 days, CubeSmart’s (CUBE) raw stochastic average was set at 7.04%, which indicates a significant decrease from 12.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.31% in the past 14 days, which was higher than the 21.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.02, while its 200-day Moving Average is $46.84. Nevertheless, the first resistance level for the watch stands at $43.37 in the near term. At $44.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $44.84. If the price goes on to break the first support level at $41.90, it is likely to go to the next support level at $41.14. Now, if the price goes above the second support level, the third support stands at $40.43.
CubeSmart (NYSE: CUBE) Key Stats
There are 226,153K outstanding shares of the company, which has a market capitalization of 9.91 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.
