Stock To Watch: CubeSmart (NYSE:CUBE)


The leading market experts have placed a mean price target of $34.19 on CubeSmart (NYSE:CUBE) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.36 a share for the upcoming quarter and $1.39 for the current fiscal. Technical View The technical analysis of CubeSmart Common Shares plainly substantiates that the 50-day moving average of CubeSmart Common Shares is $30.91, and stock is hovering -0.23 or -0.74% distant from $30.91. It is noted that the 200-day MA is $30.91, and CubeSmart Common Shares stock is $-0.23 or -0.76% off from this point. CubeSmart (NYSE:CUBE) 52-week high is $33.52 and the 52-week low is $22.90. This explains if the stock moves $-2.84, it will post a 52-week high. In event of $+33.97% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of CubeSmart Common Shares, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CubeSmart (NYSE:CUBE) ratio came in at 67.13. The stock last ended the trading session at $30.68 and registered a market cap of $5.45B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CubeSmart (NYSE:CUBE) PEG ratio is at 2.77.

1 Chart Pattern Every Investor Should Know

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