Public Storage's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 51 out of 192 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 310.82.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Public Storage is 9.05, ranking 16 out of 192 in the Residential & Commercial REITs industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.22B, representing a year-over-year increase of 3.05%, while its net profit experienced a year-over-year increase of 21.20%.
Key Metrics
The current valuation score of Public Storage is 6.21, ranking 157 out of 192 in the Residential & Commercial REITs industry. Its current P/E ratio is 28.74, which is 30.82% below the recent high of 37.60 and 60.57% above the recent low of 11.33.
The current earnings forecast score of Public Storage is 7.14, ranking 94 out of 192 in the Residential & Commercial REITs industry. The average price target is 325.00, with a high of 360.00 and a low of 285.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Public Storage is 7.28, ranking 75 out of 192 in the Residential & Commercial REITs industry. Currently, the stock price is trading between the resistance level at 296.60 and the support level at 257.42, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Public Storage is 7.00, ranking 91 out of 192 in the Residential & Commercial REITs industry. The latest institutional shareholding proportion is 82.42%, representing a quarter-over-quarter decrease of 1.76%. The largest institutional shareholder is The Vanguard, holding a total of 22.89M shares, representing 13.04% of shares outstanding, with 11.30% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Residential & Commercial REITs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Public Storage is 9.26, ranking 67 out of 192 in the Residential & Commercial REITs industry. The company's beta value is 1.02. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
