Stock Updates

Public Storage (NYSE: PSA) – Is this large market cap stock undervalued?

Public Storage (NYSE: PSA), is firmly in the large market cap category with market cap of 36753.89. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Public Storage is 213.98 (with a change from open of 1.23%), this in conjunction with a target price of 241.33. Volume today has so far reached 168841, with an average volume of about 835.95. The GAP for this stock, is -0.66%.

The P/E ratio is 33.66, bringing the forward P/E to a value of 28.53. The current EPS for Public Storage, is 6.32, with a EPS growth for this year coming to a value of 15.70%. Performance has been interesting with performance year to date coming to -12.16%.

Looking further into the growth statistics for Public Storage, EPS is looking like it will grow 12.06% in the next year. Looking even further it is projected to be 8.30%. Quarter over quarter is 6.00% for EPS growth and for sales growth quarter over quarter it is 7.70%. Looking at past EPS growth statistics we see that for the past five years it has been 9.20%. Sales growth for the past five years has in fact been 7.90%.

Looking at the ownership, we see that the insider ownership is at 9.50% and institutional ownership is 79.30%. Shares outstanding is 172.74, while shares float is at a value of 148.29. Float short for Public Storage is 1.56% and the short ratio is 2.77.

In terms of debt, long term debt/equity is 0.18, while the total debt/equity comes to 0. The ability to meet these debts, means that the current ratio is *TBA, and the quick ratio is *TBA. The most recent gross margin is 73.80% and their operating margin is 53.30%. The profit margin is 44.40%.

Public Storage has seen returns on assets of 11.10%, and on investment, 22.70%. Return on equity is 21.60%. Price/Earnings to growth ratio is 4.05. Price/Sales ratio is at a value of 14.85, with Price/book ratio coming to 7.3 and Price/cash is 141.31, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -3.37% and -11.84% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -21.69% and the 52 week low is 3.34%.

Public Storage has a dividend yield of 3.38%, with a current price of 213.98. The ability to pay this means the payout ratio is 108.60%. This is in an industry, REIT – Industrial, with equally high dividends from other companies in this sector, which it is Financial. Public Storage is based in USA.

Performance in the REIT – Industrial industry means that Public Storage has seen performance for the past week of 1.86%, with performance for the month coming to -0.92%. Looking at the data for the quarter it is at a value of -15.56%, and for the half year the performance is 0.24%. Volatility for this week is 1.72% and for the month this is 1.84%.

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

Peter Clarke

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