Company name Extra Space Storage, Inc.
Stock ticker EXR
Live stock price [stckqut]EXR[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Fair
Sales growth Fair
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $107.38
Target stock price (averages with growth) $154.43
Target stock price (averages with no growth) $118.77
Target stock price (manual assumptions) $107.02

 

The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/exr

Extra Space Storage Inc., incorporated on April 30, 2004, is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties located throughout the United States. The Company operates through three segments: rental operations; tenant reinsurance, and property management, acquisition and development. The Company’s rental operations activities include rental operations of stores in which it has an ownership interest. The Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in its stores. The Company’s property management, acquisition and development activities include managing, acquiring, developing and selling stores.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Extra Space Storage, Inc. as long as the price is correct and the indicators that I describe in my book The Confident Investor are favorable. Most of the fundamentals of this company are good but there are some concerns. I am removing Extra Space Storage from my Watch List as I think there are better choices in the market.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Extra Space Storage, Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $91.98
  • Growth: 0.14
  • Current EPS (TTM): $3.73
  • P/E: 24
  • Future EPS Calc: $7.18
  • Future Stock Price Calc: $172.36
  • Target stock price: $107.02

[/s2If]
I hope that this makes you a Confident Investor.

Symbol Stock Price change today
ABMD ABIOMED, Inc. 11.0644%
NVDA NVIDIA Corporation 2.9517%
EXR Extra Space Storage, Inc. 2.4341%
ALGN Align Technology, Inc. 2.2728%
ADBE Adobe Systems Incorporated 2.2388%
LGIH LGI Homes Inc 1.7002%
MU Micron Technology, Inc. 1.5908%
CEVA CEVA, Inc. 1.4993%
SWKS Skyworks Solutions Inc 0.9742%
ANET Arista Networks Inc 0.9003%
EW Edwards Lifesciences Corp 0.8657%
GWR Genesee & Wyoming Inc 0.6638%
DPZ Domino’s Pizza, Inc. 0.6345%
BABA Alibaba Group Holding Ltd 0.5511%
MRK Merck & Co., Inc. 0.4014%
AMAT Applied Materials, Inc. 0.3562%
TNET TriNet Group Inc 0.1915%
AAPL Apple Inc. 0.1812%
SUI Sun Communities Inc 0.1712%
AMZN Amazon.com, Inc. 0.1526%
LULU Lululemon Athletica inc. 0.1203%
BKNG Booking Holdings 0.1112%
IBP Installed Building Products Inc 0.0876%
GOOGL Alphabet Inc 0.0244%
LRCX Lam Research Corporation -0.0475%
HSKA Heska Corp -0.1643%
ILMN Illumina, Inc. -0.237%
TMO Thermo Fisher Scientific Inc. -0.249%
ALXN Alexion Pharmaceuticals, Inc. -0.3326%
CVCO Cavco Industries, Inc. -0.4039%
NFLX Netflix, Inc. -0.5329%
THRM Gentherm Inc -0.5764%
ULTA Ulta Beauty Inc -0.6239%
CRTO Criteo SA (ADR) -0.7931%
HZO MarineMax Inc -0.8677%
MIDD Middleby Corp -0.9128%
SBUX Starbucks Corporation -1.0053%
MEI Methode Electronics Inc. -1.125%
FB Facebook Inc -1.1643%
SCHW Charles Schwab Corp -1.168%
STZ Constellation Brands, Inc. -1.2037%
REGN Regeneron Pharmaceuticals Inc -1.2595%
COF Capital One Financial Corp. -1.4129%
AYI Acuity Brands, Inc. -1.4599%
MKTX MarketAxess Holdings Inc. -1.4949%
CRUS Cirrus Logic, Inc. -1.5389%
TMUS T-Mobile US Inc -1.8431%
ADS Alliance Data Systems Corporation -2.3137%
CBPO China Biologic Products Holdings, Inc. -2.4546%
GILD Gilead Sciences, Inc. -2.5269%
GTN Gray Television, Inc. -4.0179%
TGS Transportadora de Gas del Sur SA (ADR) -4.3243%
MCK McKesson Corporation -5.1995%
HDSN Hudson Technologies, Inc. -5.2632%

Stock ticker Stock name Last Close Recommendation
AAPL Apple Inc. $176.5700 Possible Buy or Hold, but some concerns
ABMD ABIOMED, Inc. $302.1400 Very Concerned, may need to wait
ADBE Adobe Systems Incorporated $221.1000 Very Concerned, may need to wait
ADS Alliance Data Systems Corporation $199.2500 Very Concerned, may need to wait
ALGN Align Technology, Inc. $249.4700 Very Concerned, may need to wait
ALXN Alexion Pharmaceuticals, Inc. $114.2400 Concerned, but watch close as good things may happen soon
AMAT Applied Materials, Inc. $50.5300 Some Concerns, may need to wait
AMZN Amazon.com, Inc. $1569.6800 Strong Buy or Hold
ANET Arista Networks Inc $265.4600 Strong Buy or Hold
AYI Acuity Brands, Inc. $113.0200 Very Concerned, may need to wait
BABA Alibaba Group Holding Ltd $181.4500 Possible Buy or Hold, but some concerns
BKNG Booking Holdings $2149.8200 Concerned, but watch close as good things may happen soon
CBPO China Biologic Products Holdings, Inc. $87.5900 Concerned, but watch close as good things may happen soon
CEVA CEVA, Inc. $33.3500 Very Concerned, may need to wait
COF Capital One Financial Corp. $89.1800 Very Concerned, may need to wait
CRTO Criteo SA (ADR) $ Very Concerned, may need to wait
CRUS Cirrus Logic, Inc. $38.3400 Possible Buy or Hold, but some concerns
CVCO Cavco Industries, Inc. $173.3000 Possible Buy or Hold, but some concerns
DPZ Domino’s Pizza, Inc. $244.2800 Concerned, but watch close as good things may happen soon
EW Edwards Lifesciences Corp $131.6800 Very Concerned, may need to wait
EXR Extra Space Storage, Inc. $89.5600 Strong Buy or Hold
FB Facebook Inc $176.0700 Strong Buy or Hold
GILD Gilead Sciences, Inc. $66.8800 Very Concerned, may need to wait
GOOGL Alphabet Inc $1026.0500 Very Concerned, may need to wait
GTN Gray Television, Inc. $11.2000 Very Concerned, may need to wait
GWR Genesee & Wyoming Inc $72.3100 Strong Buy or Hold
HDSN Hudson Technologies, Inc. $3.9900 Very Concerned, may need to wait
HSKA Heska Corp $ Concerned, but watch close as good things may happen soon
HZO MarineMax Inc $23.0500 Strong Buy or Hold
IBP Installed Building Products Inc $57.0500 Concerned, but watch close as good things may happen soon
ILMN Illumina, Inc. $240.5000 Very Concerned, may need to wait
LGIH LGI Homes Inc $ Very Concerned, may need to wait
LRCX Lam Research Corporation $189.5200 Some Concerns, may need to wait
LULU Lululemon Athletica inc. $99.7400 Concerned, but watch close as good things may happen soon
MCK McKesson Corporation $154.6300 Strong Buy or Hold
MEI Methode Electronics Inc. $40.0000 Very Concerned, may need to wait
MIDD Middleby Corp $125.9900 Very Concerned, may need to wait
MKTX MarketAxess Holdings Inc. $202.0200 Some Concerns, may need to wait
MRK Merck & Co., Inc. $57.3000 Very Concerned, may need to wait
MU Micron Technology, Inc. $45.8900 Very Concerned, may need to wait
NFLX Netflix, Inc. $313.3600 Very Concerned, may need to wait
NVDA NVIDIA Corporation $226.3100 Some Concerns, may need to wait
REGN Regeneron Pharmaceuticals Inc $296.1400 Very Concerned, may need to wait
SBUX Starbucks Corporation $56.7000 Very Concerned, may need to wait
SCHW Charles Schwab Corp $55.6500 Strong Buy or Hold
STZ Constellation Brands, Inc. $226.8000 Very Concerned, may need to wait
SUI Sun Communities Inc $93.4800 Strong Buy or Hold
SWKS Skyworks Solutions Inc $91.3600 Some Concerns, may need to wait
TGS Transportadora de Gas del Sur SA (ADR) $18.5000 Very Concerned, may need to wait
THRM Gentherm Inc $34.7000 Very Concerned, may need to wait
TMO Thermo Fisher Scientific Inc. $208.8400 Very Concerned, may need to wait
TMUS T-Mobile US Inc $56.9700 Very Concerned, may need to wait
TNET TriNet Group Inc $52.2300 Strong Buy or Hold
ULTA Ulta Beauty Inc $248.4200 Strong Buy or Hold

Symbol Stock Price change today
IBP Installed Building Products Inc 1.0444%
MEI Methode Electronics Inc. 1%
EXR Extra Space Storage, Inc. 0.9196%
GTN Gray Television, Inc. 0.8547%
TMUS T-Mobile US Inc 0.4656%
MCK McKesson Corporation 0.3775%
THRM Gentherm Inc 0.2899%
LULU Lululemon Athletica inc. 0.269%
COF Capital One Financial Corp. -0.0821%
CVCO Cavco Industries, Inc. -0.1185%
SUI Sun Communities Inc -0.2185%
MRK Merck & Co., Inc. -0.2656%
LGIH LGI Homes Inc -0.275%
TNET TriNet Group Inc -0.2925%
CRTO Criteo SA (ADR) -0.4269%
MKTX MarketAxess Holdings Inc. -0.584%
SBUX Starbucks Corporation -0.6018%
HSKA Heska Corp -0.8194%
ANET Arista Networks Inc -0.8341%
STZ Constellation Brands, Inc. -0.8893%
HDSN Hudson Technologies, Inc. -0.9324%
SWKS Skyworks Solutions Inc -0.9815%
ADS Alliance Data Systems Corporation -1.1646%
NVDA NVIDIA Corporation -1.1971%
ALXN Alexion Pharmaceuticals, Inc. -1.2241%
MIDD Middleby Corp -1.2636%
REGN Regeneron Pharmaceuticals Inc -1.2689%
TGS Transportadora de Gas del Sur SA (ADR) -1.3472%
GWR Genesee & Wyoming Inc -1.3718%
AAPL Apple Inc. -1.3919%
BABA Alibaba Group Holding Ltd -1.4125%
TMO Thermo Fisher Scientific Inc. -1.4698%
SCHW Charles Schwab Corp -1.5893%
CRUS Cirrus Logic, Inc. -1.6089%
GILD Gilead Sciences, Inc. -1.743%
EW Edwards Lifesciences Corp -1.8369%
CEVA CEVA, Inc. -1.8786%
AYI Acuity Brands, Inc. -1.9562%
ULTA Ulta Beauty Inc -1.9736%
HZO MarineMax Inc -2.2039%
AMAT Applied Materials, Inc. -2.9095%
ILMN Illumina, Inc. -2.9896%
ALGN Align Technology, Inc. -3.0502%
BKNG Booking Holdings -3.112%
LRCX Lam Research Corporation -3.1481%
DPZ Domino’s Pizza, Inc. -3.1986%
ADBE Adobe Systems Incorporated -3.2889%
NFLX Netflix, Inc. -3.6619%
FB Facebook Inc -3.7084%
AMZN Amazon.com, Inc. -3.806%
ABMD ABIOMED, Inc. -3.8725%
MU Micron Technology, Inc. -3.8964%
CBPO China Biologic Products Holdings, Inc. -4.5191%
GOOGL Alphabet Inc -4.7653%

Symbol Stock Price change today
EXR Extra Space Storage, Inc. 1.8599%
ULTA Ulta Beauty Inc 1.4095%
SUI Sun Communities Inc 1.365%
NFLX Netflix, Inc. 0.7761%
MRK Merck & Co., Inc. 0.7578%
GWR Genesee & Wyoming Inc 0.623%
TMO Thermo Fisher Scientific Inc. 0.4781%
FB Facebook Inc 0.4028%
AAPL Apple Inc. 0.2871%
THRM Gentherm Inc 0.2841%
CBPO China Biologic Products Holdings, Inc. 0.2687%
CVCO Cavco Industries, Inc. 0.2595%
MEI Methode Electronics Inc. 0.2574%
HSKA Heska Corp 0.1927%
LGIH LGI Homes Inc 0.1864%
ALXN Alexion Pharmaceuticals, Inc. 0.0809%
GTN Gray Television, Inc. 0%
PCLN Priceline Group Inc 0%
ABMD ABIOMED, Inc. -0.0674%
GILD Gilead Sciences, Inc. -0.093%
MIDD Middleby Corp -0.0979%
STZ Constellation Brands, Inc. -0.1472%
GOOGL Alphabet Inc -0.1735%
CEVA CEVA, Inc. -0.2736%
AYI Acuity Brands, Inc. -0.2897%
SBUX Starbucks Corporation -0.3197%
ILMN Illumina, Inc. -0.3305%
LULU Lululemon Athletica inc. -0.3369%
DPZ Domino’s Pizza, Inc. -0.5011%
COF Capital One Financial Corp. -0.5058%
AMAT Applied Materials, Inc. -0.638%
CRTO Criteo SA (ADR) -0.6498%
MKTX MarketAxess Holdings Inc. -0.6929%
MU Micron Technology, Inc. -0.7416%
MCK McKesson Corporation -0.7573%
ALGN Align Technology, Inc. -0.7734%
ADS Alliance Data Systems Corporation -0.9473%
EW Edwards Lifesciences Corp -1.0339%
HZO MarineMax Inc -1.0638%
REGN Regeneron Pharmaceuticals Inc -1.0828%
LRCX Lam Research Corporation -1.1552%
AMZN Amazon.com, Inc. -1.2226%
ADBE Adobe Systems Incorporated -1.2866%
NVDA NVIDIA Corporation -1.3214%
SCHW Charles Schwab Corp -1.3338%
CRUS Cirrus Logic, Inc. -1.3561%
SWKS Skyworks Solutions Inc -1.4413%
HDSN Hudson Technologies, Inc. -1.559%
TMUS T-Mobile US Inc -1.6979%
IBP Installed Building Products Inc -1.6997%
TGS Transportadora de Gas del Sur SA (ADR) -1.7383%
BABA Alibaba Group Holding Ltd -2.2055%
TNET TriNet Group Inc -3.3393%
ANET Arista Networks Inc -9.1822%