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.

CUBE was given price targets by several analysts. The most optimistic analyst gave a price target of 32, which equates to a potential upside of 36.05 percent. The most pessimistic analyst gave a price target of 25, implying potential capital losses of 6.29 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.28 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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 have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

The growth rate of CUBE's earnings is estimated by analysts to be 189.15 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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, 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. The current market price is above the trailing year's low by 3.02 percent, and 22.12 percent lower than its 52-week 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 market cap of CUBE is $4.42 billion. CUBE's next earnings release will be on 0000-00-00, which is days away.