Stock To Watch: Extra Space Storage Inc (NYSE:EXR)


The leading market experts have placed a mean price target of $97.10 on Extra Space Storage Inc (NYSE:EXR) 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 $1.00 a share for the upcoming quarter and $3.74 for the current fiscal. Technical View The technical analysis of Extra Space Storage Inc Common plainly substantiates that the 50-day moving average of Extra Space Storage Inc Common is $90.79, and stock is hovering -3.99 or -4.40% distant from $90.79. It is noted that the 200-day MA is $88.39, and Extra Space Storage Inc Common stock is $-1.59 or -1.79% off from this point. Extra Space Storage Inc (NYSE:EXR) 52-week high is $94.81 and the 52-week low is $64.78. This explains if the stock moves $-8.01, it will post a 52-week high. In event of $+33.99% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Extra Space Storage Inc Common , 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, Extra Space Storage Inc (NYSE:EXR) ratio came in at 48.98. The stock last ended the trading session at $86.80 and registered a market cap of $10.87B. 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. Extra Space Storage Inc (NYSE:EXR) PEG ratio is at 2.87.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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