Life Storage stock: buy or sell?
February 27th, 2020
Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities.
Should I buy Life Storage stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Life Storage stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Life Storage stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for LSI stock for the last 30 days.
Life Storage stock analysis
Life Storage plunged -4.52% today to $112.07 after marking all time highs on Monday.
Life Storage plunged -4.52% to $112.07 after reaching all time highs on Monday. Since December when LSI stock price broke up the SMA100d line, it gained $9.62 (9.39%). On Monday, LSI hit new all time highs, pushing higher previous ATH of $119.38 recorded on Feb 18th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Life Storage shares touched new all time highs back again this week, setting highs to $119.50. Shares ended at $112.07 and eased -4.62% during the week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $116.21 resistance. Since price and SMA20w lines crossed up by mid December 2019, LSI climbed $8.89 (8.62%).
Life Storage stock price history
Life Storage IPO was on June 21st, 1995 at $5.27 per share1. Since then, LSI stock surged a 2,026.60%, with a yearly average of 84.40%. If you had invested $1,000 in Life Storage stock in 1995, it would worth $20,266.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Life Storage stock historical price chart
LSI stock reached all-time highs on Monday with a price of $119.50.
Life Storage stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for Life Storage stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Life Storage reported its latest financial data, posting an astounding growth for the Earnings per Share (EPS) ratio. Experts expected $1.36 per share, but Life Storage posted $1.98.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Life Storage annual revenues raised a beatiful 3.98% to $550.85 million dollars from $529.75 marked in 2017. On the other hand, its earnings margin (compared to revenues) rocketed to 37.50%, that is $206.59 million.
|2010||$1,870 M||-||$40 M2.1%||-|
|2011||$2,044 M||9.32%||$331 M16.2%||729.35%|
|2012||$2,506 M||22.61%||$196 M7.8%||-40.80%|
|2013||$283 M||-88.72%||$71 M25.1%||-63.82%|
|2014||$326 M||15.32%||$89 M27.2%||24.69%|
|2015||$367 M||12.43%||$113 M30.7%||27.10%|
|2016||$463 M||26.19%||$85 M18.4%||-24.26%|
|2017||$530 M||14.51%||$96 M18.2%||13.07%|
|2018||$551 M||3.98%||$207 M37.5%||114.38%|
Quarterly financial resultsLife Storage posted $138.27 M in sales for 2018-Q4, a -2.27% decline compared to previous quarter. Reported quarter earnings marked $92.31 M with a profit margin of 66.76%. Profit margin skyrocketed a 37.70% compared to previous quarter when profit margin was 29.06%. When comparing revenues to same quarter last year, Life Storage sales marked a good growth and stepped up a 3.90%.
|2017-Q1||$130 M||-||$20 M15.7%||-|
|2017-Q2||$133 M||2.37%||$19 M14.6%||-5.24%|
|2017-Q3||$136 M||1.92%||$35 M26.2%||83.35%|
|2017-Q4||$133 M||-1.84%||$21 M15.8%||-40.60%|
|2018-Q1||$133 M||0.01%||$34 M25.5%||60.73%|
|2018-Q2||$138 M||3.69%||$39 M28.5%||15.89%|
|2018-Q3||$141 M||2.52%||$41 M29.1%||4.70%|
|2018-Q4||$138 M||-2.27%||$92 M66.8%||124.48%|
Life Storage ownershipWhen you are planning to buy a company, it's always worth to overview its ownership structure.
Life Storage shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.65% of all shares.
Bearish positions for LSI stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$5.2 B|
|Total shares||46.7 M|
|Float shares||44.0 M|
|- Institutional holdings (%)||93.3%|
|- Insider holdings (%)||1.7%|
|Shares in short selling||0.0%|
Life Storage summary
|Thursday, February 27th, 2020|
|Day range||$112.07 - $117.20|
|Average true range||$2.79|
|50d mov avg||$111.55|
|100d mov avg||$108.94|
|200d mov avg||$103.49|
Life Storage performanceTo measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Life Storage to :