Analyst Ratings for CubeSmart (CUBE)

Updated: 2017-07-27

Shares of CubeSmart (NYSE:CUBE) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, CUBE was issued an average rating of Overweight.

A buy rating was issued by 4 analysts, 1 gave an overweight rating, 6 issued a hold rating, 1 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

Many analysts weighed in on price targets for CUBE. The maximum price target given was 32, implying a possible profit of 36.05 percent. The minimum price target given was 25, which equates to a potential downside of 6.29 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.28 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.33 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.06 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of CUBE to grow at a rate of 189.15 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. CUBE has a PEG ratio of 0.24.

CUBE has a 52-week high of 30.20 and a 52-week low of 22.83. Today's price is 3.02 percent above the 52-week low, and below the high by 22.12 percent. CUBE has a P/E ratio of 46.12. Investors typically compare the P/E ratio to a company's peers in the industry. The CUBE value stock report compares CUBE to some of its peers using value stock charts. The stock has a market capitalization of $4.42 billion. CUBE will post this quarters earnings in days, on 0000-00-00.