At the time of writing, Public Storage [PSA] stock is trading at $298.05, up 1.29%. 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 PSA shares have gain 2.22% over the last week, with a monthly amount drifted -0.02%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Public Storage [NYSE: PSA] stock has seen the most recent analyst activity on January 10, 2025, when Deutsche Bank upgraded its rating to a Hold and also boosted its price target to $299 from $298. Previously, RBC Capital Mkts started tracking the stock with Sector Perform rating on September 10, 2024, and set its price target to $358. On August 05, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $318 on the stock. Truist downgraded its rating to a Hold but stick to its price target of $306 on August 01, 2024. Wells Fargo upgraded its rating to a Overweight and raised its price target to $310 on April 05, 2024. Raymond James upgraded its rating to Strong Buy for this stock on March 28, 2024, but kept the price target unchanged to $330. In a note dated March 27, 2024, Barclays initiated an Overweight rating and provided a target price of $330 on this stock.
For the past year, the stock price of Public Storage fluctuated between $256.31 and $369.99. Currently, Wall Street analysts expect the stock to reach $340.13 within the next 12 months. Public Storage [NYSE: PSA] shares were valued at $298.05 at the most recent close of the market. An investor can expect a potential return of 14.12% based on the average PSA price forecast.
Analyzing the PSA fundamentals
According to Public Storage [NYSE:PSA], the company’s sales were 4.68B for trailing twelve months, which represents an 3.84% jump. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.54%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.41%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.19 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.99.
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 294.19 points at the first support level, and at 290.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 302.60, and for the 2nd resistance point, it is at 307.14.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 11.16, the price to book ratio is 9.92 and price to earnings (TTM) ratio is 30.89.
Transactions by insiders
Recent insider trading involved Vitan Nathaniel A., Chief Legal Officer, that happened on Dec 13 ’24 when 450.0 shares were sold. Officer, Vitan Nathaniel A. completed a deal on Dec 13 ’24 to buy 450.0 shares. Meanwhile, Chief Legal Officer Vitan Nathaniel A. sold 400.0 shares on Aug 23 ’24.
