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Is Extra Space Storage Inc.(NYSE: EXR), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Extra Space Storage Inc. (NYSE: EXR) has been on the stock market since its IPO date on the 8/16/2004. Extra Space Storage Inc. is in the REIT – Industrial industry and Financial sector. Average volume for Extra Space Storage Inc., is 976.89, and so far today it has a volume of 517943. Performance year to date since the 8/16/2004 is 6.23%.

To help you determine whether Extra Space Storage Inc. is undervalued the following values will help you decide. P/E is 52.05 and forward P/E is 35.59. PEG perhaps more useful shows that Extra Space Storage Inc. has a value for PEG of 1.91. P/S ratio is 13.98 and the P/B ratio is 5.37. The P/Cash and P/Free cash flow is 235.42 and *TBA respectively.

At the current price Extra Space Storage Inc. is trading at, 92.67 (0.47% today), Extra Space Storage Inc. has a dividend yield of 2.56%, and this is covered by a payout ratio of 132.20%. Earnings per share (EPS) is 1.77, and this is looking to grow in the next year to 10.30% after growing 2.20% this past year. EPS growth quarter over quarter is 43.50%, and 32.40% for sales growth quarter over quarter.

The number of shares outstanding is 127.1, and the number of shares float is 120.34. The senior management bring insider ownership to 1.80%, and institutional ownership is at 98.60%. The float short is 2.15%, with the short ratio at a value of 2.65. Management has seen a return on assets of 3.80%, and also a return on investment of 5.00%.

The ability for Extra Space Storage Inc., to deal with debt, means it current ratio is *TBA, and quick ratio is *TBA. Long term debt/equity is 1.72 and total debt/equity is 1.72. In terms of margins, Extra Space Storage Inc. has a gross margin of 72.30%, with its operating margin at 37.10%, and Extra Space Storage Inc. has a profit margin of 26.00%.

The 52 week high is -1.93%, with 37.30% being its 52 week low. The 20 day simple moving average is 1.99% and the 200 day simple moving average is 8.04%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Mark Hines

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