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Is this Large Market Cap Stock target price reasonable for CubeSmart (NYSE:CUBE)?

The company in question is, CubeSmart (NYSE:CUBE) currently with a stock price of 26.28 (-0.08% today). The market cap for CubeSmart is 4657.99, and is in the sector Financial, and REIT – Industrial industry. The target price for CubeSmart is 32. Currently CubeSmart is trading with a P/E of 53.78, and a forward P/E of 35.25. Average volume for CubeSmart is 1908.15 and so far today it is 669462.

Performance in the last year for CubeSmart has been 0.16%. For EPS growth, CubeSmart has seen a growth of 217.20%, and is looking to grow in the next year to 66.52%. More long term stats show that EPS growth has been 32.60% over the last five years and could be 8.00% for the next five years. CubeSmart has seen sales growth quarter over quarter at 15.10%, with EPS growth quarter over quarter at 45.30%. The 20-day simple moving average is -3.27%, with the 200-day simple moving average coming to -11.24%.

Since the IPO date for CubeSmart on the 10/22/2004, CubeSmart has seen performance year to date to be -12.31%. With CubeSmart trading at 26.28, the dividend yield is 3.19%, and the EPS is 0.49.

So could CubeSmart, be undervalued? Well as said before P/E is 53.78. The PEG is 6.72, P/S is 9.78 and the P/B is at 2.75. The P/cash is 1370, with P/free cash flow at *TBA.

CubeSmart ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.84, and total debt/equity at 0.84.

In terms of margins, CubeSmart has a gross margin of 66.50%, an operating margin of 25.90% and a profit margin of 18.00%.Payout ratio for CubeSmart is 160.10%. Return on assets come to 2.70% with return on investment coming to 3.70%.

Insider ownership for CubeSmart, is at 0.20% and institutional ownership comes to *TBA. Outstanding shares are at 177.11. While shares float is 177.11. The float short is currently 2.35%, and short ratio is 2.18.

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.

About the author

Mark Hines

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