Life Storage stock: buy or sell?
October 18th, 2019
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?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups work for Life Storage stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|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.At Stocks2.com, we detected 5 ratings published for LSI stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-21||Robert W. Baird||Underperform||Neutral|
|2019-7-8||Raymond James||Market Perform||Outperform|
|2019-3-8||Bank of America||Neutral||Underperform|
Life Storage stock analysis
After marking all time highs on October 18th, Life Storage inched 0.57% to $107.39.
After several days of continuous hikes in past weeks, Life Storage inched 0.57% to $107.39. Since last July when LSI stock price broke up the SMA100d line, it gained $14.28 (15.34%). Since last July when SMA50d and SMA100d crossed up, LSI price gained $14.15 per share (15.18%). On October/18, LSI hit new all time highs, pushing higher previous ATH of $107.45 recorded on Thursday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Life Storage ended this week at $107.39 after marking a new all time high ($107.57) and inched a slightly good 0.58%. Counting this, it's been 5 green weeks in a row, gaining $5.94 or 5.76%.
LSI shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom by mid September, LSI climbed unceasignly breaking out to new all time highs. Since price and SMA40w lines crossed up late January, LSI climbed $17.13 (18.98%). Since mid June when SMA10w and SMA20w crossed up, LSI price gained $11.17 per share (11.61%).
Life Storage stock price history
Life Storage stock went public on June 21st, 1995 with a price of $5.321. Since then, LSI stock grew a 1,918.60%, with a yearly average of 79.90%. If you had invested right after LSI's IPO a $1,000 in Life Storage stock in 1995, it would worth $19,186.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Life Storage stock historical price chart
LSI stock reached all-time highs on Oct/18 with a price of $107.57.
Life Storage stock price target is $105.00How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' LSI stock price predictions in the hope that they will be met as they may be wrong and not met. We found 4 price predictions for Life Storage stock released in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-17||Raymond James||Raises Target||$106.00||$110.00||3.8%|
|2019-8-21||Robert W. Baird||Upgrades||$92.00||$101.00||9.8%|
|2019-3-8||Bank of America||Downgrades||$105.00||$99.00||-5.7%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Life Storage presented its financial report, posting an amazing climb for the Earnings per Share (EPS) ratio. Analyst were expecting $1.36 per share, but Life Storage posted $1.98.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a beatiful growth of 3.98% to $550.85 million dollars. However, its income margin (compared to sales) climbed 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 reported $138.27 M in sales for 2018-Q4, a -2.27% less compared to previous quarter. Reported quarter earnings marked $92.31 million with a profit margin of 66.76%. Profit margin rocketed a 37.70% compared to previous quarter when profit margin was 29.06%. When comparing turnover to same quarter last year, Life Storage sales marked a decent growth and appreciated 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 invest in a stock, it's always worth to have a look 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 context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$5.0 B||$14.7 B||$42.2 B|
|Total shares||46.7 M||128.5 M||174.6 M|
|Float shares||44.0 M||125.0 M||149.2 M|
|- Institutional holdings (%)||99.2%||100.6%||82.5%|
|- Insider holdings (%)||1.7%||3.1%||14.7%|
|Shares in short selling||0.0%||0.0%||0.0%|
Life Storage summary
|Friday, October 18th, 2019|
|Day range||$106.54 - $107.57|
|Average true range||$1.55|
|50d mov avg||$103.91|
|100d mov avg||$100.32|
|200d mov avg||$96.91|
Life Storage performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We chose Extra Space Storage and as the bechmarking frame for Life Storage stock.
|EXRExtra Space Stora...||5.92%||15.28%||35.50%|