CubeSmart (CUBE) saw an uptrend of 0.96% in the recent trading with $1880000.0 being its most recent. The current price level -21.98% lower than the highest price of $55.14 marked by the stock while trading over the past 52-weeks, whereas it is 25.64% higher than the lowest price of $34.24 the company dropped to over past 52-weeks. The latest news story on CUBE appeared in (GlobeNewswire) under the title “CubeSmart Announces the Date of Its Second Quarter 2025 Earnings Release and Conference Call” on Jul-01-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.32 for the stock.
CubeSmart Earnings – What Happened With CUBE
Coming around sales and income figures on CUBE Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
CubeSmart – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 227.92 million. CUBE does have institutional investors; and they hold 97.02% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in CubeSmart (NYSE:CUBE) with an ownership of 31.73 million shares of the company or 14.0468 of the stake worth $1.43 billion. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 12.0115 of the outstanding shares. Its stake is worth $1.23 billion for having 27.13 million shares in hand.
FMR LLC also came holding a key position in the company during the recent quarter and it now holds 7.948 of the outstanding shares. With this there are now 646.0 institutions which have possession in CUBE’s shares.
Key Metrics forCUBE
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, CubeSmart has a debt to equity ratio of 1.21.
Technical Analysis of CubeSmart (NYSE:CUBE) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for CubeSmart (CUBE), we notice that the stock’s 20-day average volume is at 1,764,245 shares and 50% of short term indicators are suggesting the stock as Buy. And to end with, CUBE’s 100-day average volume are 1,871,692 shares.