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


The leading market experts have placed a mean price target of $96.72 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 $0.99 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 $90.66, and stock is hovering -5.71 or -6.30% distant from $90.66. It is noted that the 200-day MA is $89.12, and Extra Space Storage Inc Common stock is $-4.17 or -4.68% off from this point. Extra Space Storage Inc (NYSE:EXR) 52-week high is $94.81 and the 52-week low is $69.96. This explains if the stock moves $-9.86, it will post a 52-week high. In event of $+21.43% 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 47.94. The stock last ended the trading session at $84.95 and registered a market cap of $10.64B. 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 2.99.

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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