National Storage Affiliates Trust’s stock (NSA) continues to rise above its goal

National Storage Affiliates Trust [NSA] stock is trading at $42.40, down -1.46%. An important factor to consider is whether the stock is rising or falling in short-term value. The NSA shares have lost -2.75% over the last week, with a monthly amount glided 4.07%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

National Storage Affiliates Trust [NYSE: NSA] stock has seen the most recent analyst activity on March 27, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $39. Previously, Deutsche Bank started tracking the stock with Sell rating on January 30, 2024, and set its price target to $33. On January 05, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $45 on the stock. Evercore ISI downgraded its rating to a Underperform and increased its price target to $35 on December 11, 2023. Stifel downgraded its rating to a Hold and reduced its price target to $35 on August 08, 2023. Wells Fargo started tracking with a Underweight rating for this stock on June 15, 2023, and assigned it a price target of $36. In a note dated June 12, 2023, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $49 to $42.

National Storage Affiliates Trust [NSA] stock has fluctuated between $27.86 and $46.84 over the past year. Currently, Wall Street analysts expect the stock to reach $55 within the next 12 months. National Storage Affiliates Trust [NYSE: NSA] shares were valued at $42.40 at the most recent close of the market. An investor can expect a potential return of 29.72% based on the average NSA price forecast.

Analyzing the NSA fundamentals

National Storage Affiliates Trust [NYSE:NSA] reported sales of 846.22M for the trailing twelve months, which represents a drop of -5.69%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.13 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.57.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.18 points at the first support level, and at 39.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.57, and for the 2nd resistance point, it is at 44.73.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.76, the price to book ratio is 3.48 and price to earnings (TTM) ratio is 22.32.

Transactions by insiders

Recent insider trading involved Meisinger Chad LeRoy, Director, that happened on Jun 07 ’24 when 18405.0 shares were purchased. Vice Chairperson, Nordhagen Arlen Dale completed a deal on Dec 11 ’23 to buy 6500.0 shares. Meanwhile, Vice Chairperson Nordhagen Arlen Dale bought 10000.0 shares on Dec 05 ’23.

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