Research Report for Extra Space Storage Inc(NYSE:EXR): Ring Energy, Inc.(NYSE:REI)

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Extra Space Storage Inc (EXR) will report its next earnings on Apr 30 AMC. The company reported the earnings of $0.74/Share in the last quarter where the estimated EPS by analysts was $0.69/share. The difference between the expected and actual EPS was $0.05/share, which represents an Earnings surprise of 7.2%.

Many analysts are providing their Estimated Earnings analysis for Extra Space Storage Inc and for the current quarter 3 analysts have projected that the stock could give an Average Earnings estimate of $0.75/share. These analysts have also projected a Low Estimate of $0.72/share and a High Estimate of $0.77/share.

In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for Extra Space Storage Inc as 299.05 Million. According to these analysts, the Low Revenue Estimate for Extra Space Storage Inc is 270.88 Million and the High Revenue Estimate is 325.19 Million. The company had Year Ago Sales of 258.13 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for EXR to be 3.5%. They are projecting Next Quarter growth of 2.5%. For the next 5 years, Extra Space Storage Inc is expecting Growth of 4.49% per annum, whereas in the past 5 years the growth was 3% per annum.

Some buy side analysts are also providing their Analysis on Extra Space Storage Inc, where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Extra Space Storage Inc might touch $115 high while the Average Price Target and Low price Target is $103 and $93 respectively.

Extra Space Storage Inc closed its last trading session at $109.11 with the loss of -0.26%. The Market Capitalization of the company stands at 13.8 Billion. The Company has 52-week high of $110.79 and 52-week low of $83.70. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 1.69% where SMA50 and SMA200 are 4.23% and 13.72% respectively. The Company Touched its 52-Week High on 06/07/19 and 52-Week Low on 10/04/18.

The Relative Volume of the company is 0.63 and Average Volume (3 months) is 850.82 million. The company’s P/E (price to earnings) ratio is 35.05 and Forward P/E ratio of 34.02.

The company shows its Return on Assets (ROA) value of 0%. The Return on Equity (ROE) value stands at 0%. While it’s Return on Investment (ROI) value is 8%.

While looking at the Stock’s Performance, Extra Space Storage Inc currently shows a Weekly Performance of -0.82%, where Monthly Performance is 1.12%, Quarterly performance is 8.67%, 6 Months performance is 11.41% and yearly performance percentage is 11.21%. Year to Date performance value (YTD perf) value is 20.28%. The Stock currently has a Weekly Volatility of 1.34% and Monthly Volatility of 1.46%.

Ring Energy, Inc. (REI) will report its next earnings on May 08 AMC. The company reported the earnings of $0.19/Share in the last quarter where the estimated EPS by analysts was $0.04/share. The difference between the expected and actual EPS was $0.15/share, which represents an Earnings surprise of 375%.

Many analysts are providing their Estimated Earnings analysis for Ring Energy, Inc. and for the current quarter 11 analysts have projected that the stock could give an Average Earnings estimate of $0.14/share. These analysts have also projected a Low Estimate of $0.06/share and a High Estimate of $0.22/share.

In case of Revenue Estimates, 9 analysts have provided their consensus Average Revenue Estimates for Ring Energy, Inc. as 49.62 Million. According to these analysts, the Low Revenue Estimate for Ring Energy, Inc. is 31.7 Million and the High Revenue Estimate is 59 Million. The company had Year Ago Sales of 29.93 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for REI to be 66.7%. They are projecting Next Quarter growth of 14.29%. For the next 5 years, Ring Energy, Inc. is expecting Growth of 25.39% per annum, whereas in the past 5 years the growth was 51.06% per annum.

Some buy side analysts are also providing their Analysis on Ring Energy, Inc., where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Ring Energy, Inc. might touch $12.5 high while the Average Price Target and Low price Target is $9.13 and $5 respectively.

Ring Energy, Inc. closed its last trading session at $3.59 with the loss of -6.96%. The Market Capitalization of the company stands at 221.11 Million. The Company has 52-week high of $14.61 and 52-week low of $3.52. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -16.07% where SMA50 and SMA200 are -29.71% and -50.04% respectively. The Company Touched its 52-Week High on 07/10/18 and 52-Week Low on 06/12/19.

The Relative Volume of the company is 0.98 and Average Volume (3 months) is 664.73 million. The company’s P/E (price to earnings) ratio is 14.84 and Forward P/E ratio of 3.58.

The company shows its Return on Assets (ROA) value of 2.3%. The Return on Equity (ROE) value stands at 3.1%. While it’s Return on Investment (ROI) value is 3.3%.

While looking at the Stock’s Performance, Ring Energy, Inc. currently shows a Weekly Performance of -11.87%, where Monthly Performance is -26.27%, Quarterly performance is -44.33%, 6 Months performance is -48.14% and yearly performance percentage is -73.45%. Year to Date performance value (YTD perf) value is -34.25%. The Stock currently has a Weekly Volatility of 7.72% and Monthly Volatility of 6.76%.

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