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.

Several price targets were given for CUBE by the analysts covering the stock. The highest price target was 32, implying potential capital gains of 36.05 percent. The most pessimistic analyst gave a price target of 25, implying potential capital losses 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.28 percent on average, compared to last month. That number becomes 3.33 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.06 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

Analysts estimate earnings of CUBE to grow at a rate of 189.15 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CUBE has a PEG ratio of 0.24.

In the trailing 52-weeks, CUBE hit 30.20 at the highest peak, while it's lowest trading point was 22.83. The current market price is above the trailing year's low by 3.02 percent, and 22.12 percent below the high. CUBE has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.