Life Storage stock: buy or sell?

LSI stock price: $107.39 0.57% At close on October 18th, 2019

Updated on:
October 18th, 2019

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After marking all time highs on October/18, Life Storage inched 0.57% to $107.39.

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:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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.

Is LSI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-17Raymond Jamesn/aOutperform
2019-8-5KeyCorpn/aOverweight
2019-8-21Robert W. BairdUnderperformNeutral
2019-7-8Raymond JamesMarket PerformOutperform
2019-3-8Bank of AmericaNeutralUnderperform

Life Storage stock analysis

Daily outlook

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.

LSI stock chart (daily)

Weekly outlook

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%).

LSI stock chart (weekly)

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 $105.00

How 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:
LSI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-17Raymond JamesRaises Target$106.00$110.003.8%
2019-8-5KeyCorpRaises Target$106.00$110.003.8%
2019-8-21Robert W. BairdUpgrades$92.00$101.009.8%
2019-3-8Bank of AmericaDowngrades$105.00$99.00-5.7%
(in average)$102.30$105.003.0%
Moving in a range from $110.00 and $99.00, the price forecast for LSI stock is $105.00. In average, analysts' outlook on LSI price forecast is positive, increasing the prediction by a 3.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
LSI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q32017-11-010.550.7638.2%
2017-Q42018-02-211.311.342.3%
2018-Q12018-05-021.281.31.6%
2018-Q22018-08-011.341.393.7%
2018-Q32018-10-311.41.453.6%
2018-Q42019-02-251.361.9845.6%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

LSI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2010$1,870 M-$40 M2.1%-
2011$2,044 M9.32%$331 M16.2%729.35%
2012$2,506 M22.61%$196 M7.8%-40.80%
2013$283 M-88.72%$71 M25.1%-63.82%
2014$326 M15.32%$89 M27.2%24.69%
2015$367 M12.43%$113 M30.7%27.10%
2016$463 M26.19%$85 M18.4%-24.26%
2017$530 M14.51%$96 M18.2%13.07%
2018$551 M3.98%$207 M37.5%114.38%

Quarterly financial results

Life 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%.
LSI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$130 M-$20 M15.7%-
2017-Q2$133 M2.37%$19 M14.6%-5.24%
2017-Q3$136 M1.92%$35 M26.2%83.35%
2017-Q4$133 M-1.84%$21 M15.8%-40.60%
2018-Q1$133 M0.01%$34 M25.5%60.73%
2018-Q2$138 M3.69%$39 M28.5%15.89%
2018-Q3$141 M2.52%$41 M29.1%4.70%
2018-Q4$138 M-2.27%$92 M66.8%124.48%

Life Storage ownership

When 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:

LSIEXRPSA
Market cap$5.0 B$14.7 B$42.2 B
Total shares46.7 M128.5 M174.6 M
Float shares44.0 M125.0 M149.2 M
  - Institutional holdings (%)99.2%100.6%82.5%
  - Insider holdings (%)1.7%3.1%14.7%
Shares in short selling0.0%0.0%0.0%

Life Storage summary

Friday, October 18th, 2019
Open$106.67
Close$107.39
Day range$106.54 - $107.57
Previous close$106.78
Session gain0.57%
Average true range$1.55
50d mov avg$103.91
100d mov avg$100.32
200d mov avg$96.91
Daily pattern
Weekly pattern lb03c

Life Storage performance

To 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.
Stock3m6m12m
LSILife Storage11.50%16.22%20.92%
EXRExtra Space Stora...5.92%15.28%35.50%
PSA-0.24%12.91%25.08%

Life Storage competitors

Defining a list of competitors for Life Storage it's a hard job. We selected 2 public companies that are related to and can be considered as competitors of Life Storage: