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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 1155.09, and so far today it has a volume of 993200. Performance year to date since the 8/16/2004 is -6.92%.

To help you determine whether Extra Space Storage Inc. is undervalued the following values will help you decide. P/E is 40.76 and forward P/E is 30.8. PEG perhaps more useful shows that Extra Space Storage Inc. has a value for PEG of 7.55. P/S ratio is 11.22 and the P/B ratio is 4.73. The P/Cash and P/Free cash flow is 244.91 and *TBA respectively.

At the current price Extra Space Storage Inc. is trading at, 80.02 (0.74% today), Extra Space Storage Inc. has a dividend yield of 3.90%, and this is covered by a payout ratio of 129.00%. Earnings per share (EPS) is 1.96, and this is looking to grow in the next year to 7.22% after growing 2.20% this past year. EPS growth quarter over quarter is 40.90%, and 31.40% for sales growth quarter over quarter.

The number of shares outstanding is 125.79, and the number of shares float is 120.92. The senior management bring insider ownership to 1.00%, and institutional ownership is at 98.50%. The float short is 2.22%, with the short ratio at a value of 2.32. Management has seen a return on assets of 4.00%, 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 1.8 and total debt/equity is 1.8. In terms of margins, Extra Space Storage Inc. has a gross margin of 72.40%, with its operating margin at 37.90%, and Extra Space Storage Inc. has a profit margin of 27.30%.

The 52 week high is -14.46%, with 10.58% being its 52 week low. The 20 day simple moving average is -3.34% and the 200 day simple moving average is -6.88%.

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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