HomeFinanceLife Storage ...

Life Storage Inc. (LSI) Stock at a key inflection point

Citigroup raised the price target for the Life Storage Inc. (NYSE:LSI) stock from “a Buy” to “a Neutral”. The rating was released on February 08, 2023, according to finviz. We previously noted in another research note published on January 03, 2023 by Jefferies that downgraded the stock from a Buy to a Hold with a price target of $97 for LSI stock. The research report from UBS has initiated the stock to Neutral, with a price target set at $106. The stock was downgraded by Evercore ISI, who disclosed in a research note on August 29, 2022, from Outperform to In-line and set the price objective to $138. In their research brief published June 21, 2022, BofA Securities analysts downgraded the Life Storage Inc. stock from Buy to Neutral with a price target of $133.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of Life Storage Inc. (NYSE:LSI) raised 1.43% to close Thursday’s market session at $120.09, higher as compared to yesterday’s close. The stock price fluctuated between $116.74 and $120.88 throughout the trading session with the volume trading being 1008332 shares, which represented a significant variation when compared to the three months average volume of 1.01 million shares. The firm’s stock price fluctuated -4.14% within the last five trades and -2.88% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -1.85% in the last 6 months and 11.72% was added to its value over the previous 3 months. LSI stock is trading at a margin of -2.18%, 5.82% and 5.87% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".


As of the close of trading, LSI deals in the Real Estate domain. The stock is trading -20.87 percent below its 52-week high and 27.73 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -4.7. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Life Storage Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 44.90 percent and the profit margin is 34.50 percent, and the company has reported a gross margin of 73.10 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $10.85 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Life Storage Inc. (NYSE:LSI) is 28.48. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 23.97. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 10.45 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.81, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.10 percent of Life Storage Inc. shares are owned by insiders, and 95.10 percent are held by financial institutions. Saffire Joseph, the CEO at Life Storage Inc. (LSI) has sold 6,130 shares of firm on Dec 20 at a price of $99.73 against the total amount of $0.61 million. In another inside trade, Saffire Joseph, CEO of Life Storage Inc. (NYSE:LSI) sold 5,044 shares of the firm on Aug 09 for a total worth of $0.66 million at a price of $131.22. An inside trade which took place on Mar 18, Director of Life Storage Inc. Rusmisel Stephen R sold 2,500 shares of firm against total price of $0.34 million at the cost of $135.03 per share.



Please enter your comment!
Please enter your name here

Recent Post