This is What Makes Extra Space Storage Inc. Stocks A Gamechanger?

Extra Space Storage Inc. [EXR] stock is trading at $168.28, down -0.46%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EXR shares have lost -1.03% over the last week, with a monthly amount drifted -7.20%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Extra Space Storage Inc. [NYSE: EXR] stock has seen the most recent analyst activity on October 21, 2024, when Wells Fargo downgraded its rating to a Equal Weight but kept the price target unchanged to $175 for it. Previously, Jefferies upgraded its rating to Buy on September 18, 2024, and elevated its price target to $204. On September 10, 2024, RBC Capital Mkts initiated with a Sector Perform rating and assigned a price target of $180 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $155 on August 05, 2024. Raymond James downgraded its rating to a Outperform but $160 remained the price target by the analyst firm on March 28, 2024. Barclays started tracking with a Overweight rating for this stock on March 27, 2024, and assigned it a price target of $157. In a note dated February 13, 2024, Scotiabank initiated an Sector Underperform rating and provided a target price of $131 on this stock.

Extra Space Storage Inc. [EXR] stock has fluctuated between $101.19 and $184.87 over the past year. Currently, Wall Street analysts expect the stock to reach $174.09 within the next 12 months. Extra Space Storage Inc. [NYSE: EXR] shares were valued at $168.28 at the most recent close of the market. An investor can expect a potential return of 3.45% based on the average EXR price forecast.

Analyzing the EXR fundamentals

Extra Space Storage Inc. [NYSE:EXR] reported sales of 3.16B for the trailing twelve months, which represents a growth of 58.52%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.

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 167.62 points at the first support level, and at 166.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 169.49, and for the 2nd resistance point, it is at 170.70.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 11.30, the price to book ratio is 2.52 and price to earnings (TTM) ratio is 43.97.

Transactions by insiders

Recent insider trading involved Margolis Joseph D, Chief Executive Officer, that happened on Oct 01 ’24 when 7500.0 shares were sold. Director, COVE HOLLOW LANE II completed a deal on Oct 01 ’24 to buy 7500.0 shares. Meanwhile, Director Woolley Kenneth M. sold 6647.0 shares on Sep 13 ’24.

Related Posts