A share price of CubeSmart [CUBE] is currently trading at $41.49, down -1.17%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CUBE shares have gain 1.92% over the last week, with a monthly amount drifted -3.78%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CubeSmart [NYSE: CUBE] stock has seen the most recent analyst activity on January 17, 2025, when Truist upgraded its rating to a Buy. Previously, Deutsche Bank upgraded its rating to Hold on January 10, 2025, and dropped its price target to $45. On January 02, 2025, downgrade downgraded it’s rating to Hold and revised its price target to $46 on the stock. UBS downgraded its rating to a Neutral and increased its price target to $54 on September 13, 2024. RBC Capital Mkts initiated its recommendation with a Outperform and recommended $56 as its price target on September 10, 2024. Scotiabank started tracking with a Sector Outperform rating for this stock on August 22, 2024, and assigned it a price target of $53. In a note dated May 29, 2024, BMO Capital Markets downgraded an Market Perform rating on this stock and revised its target price from $50 to $47.
CubeSmart experienced fluctuations in its stock price throughout the past year between $39.80 and $55.14. Currently, Wall Street analysts expect the stock to reach $53.2 within the next 12 months. CubeSmart [NYSE: CUBE] shares were valued at $41.49 at the most recent close of the market. An investor can expect a potential return of 28.22% based on the average CUBE price forecast.
Analyzing the CUBE fundamentals
Trailing Twelve Months sales for CubeSmart [NYSE:CUBE] were 1.06B which represents 1.13% growth. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.51%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.38%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.14 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.06.
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 40.97 points at the first support level, and at 40.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.10, and for the 2nd resistance point, it is at 42.71.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 8.87, the price to book ratio is 3.37 and price to earnings (TTM) ratio is 23.39.
Transactions by insiders
Recent insider trading involved Schulte Jennifer, Chief Human Resources Officer, that happened on Sep 11 ’24 when 15942.0 shares were sold. Chief Accounting Officer, DeNarie Matthew D completed a deal on Sep 13 ’24 to sell 868.0 shares. Meanwhile, Officer Schulte Jennifer bought 15942.0 shares on Sep 11 ’24.
