Analyst Ratings for Extra Space Storage Inc. (EXR)Updated: 2017-07-27
An average rating of Hold has been given to Extra Space Storage Inc. (NYSE:EXR) by analysts covering the stock. About 30 days ago, EXR was issued an average rating of Hold.
Of the 16 analysts covering the stock, 3 gave it a buy rating, 1 gave an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for EXR. The maximum price target given was 95, which equates to a potential upside of 24.18 percent. The minimum price target given was 67, which equates to a potential downside of -12.42 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 upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 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. If we look at the last 90 days instead, we find a net average change of -0.14 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of EXR to grow at a rate of 45.69 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. EXR has a PEG ratio of 0.6.
In the trailing 52-weeks, EXR hit 88.88 at the highest peak, while it's lowest trading point was 68.09. Currently the stock is 12.35 percent higher than its low, and below the high by 13.93 percent. EXR has a price/earnings ratio of 27.55. Investors typically compare the P/E ratio to a company's peers in the industry. The EXR value stock report compares EXR to some of its peers using value stock charts. The stock has a market capitalization of $10.11 billion. EXR's next earnings release will be on 0000-00-00, which is days away.