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 most optimistic price target was 32, implying a possible profit of 36.05 percent. The most pessimistic price target was 25, which equates to a potential downside of 6.29 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.06 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

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, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CUBE has a PEG ratio of 0.24.

CUBE has traded between a high of 30.20 and a low of 22.83 over the past year. The current market price is above the trailing year's low by 3.02 percent, 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.