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 maximum price target given was 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 advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.06 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

CUBE has an estimated earnings growth rate of 189.15 percent as forecasted by analysts. People on Wall Street often look at a company's 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 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's next earnings release will be on 0000-00-00, which is days away.