Extra Space Storage, Inc. ($EXR) Possible Buy to $60 Confident Investor Rating: Good

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 Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $77.34
Target stock price (averages with growth) $62.88
Target stock price (averages with no growth) $30.04
Target stock price (manual assumptions) $63.47

The following company description is from Google Finance: http://www.google.com/finance?q=exr

Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops professionally managed self-storage facilities. As of December 31, 2011, Extra Space Storage Inc. held ownership interests in 697 operating properties. Of these operating properties, 356 are wholly owned, and 341 are owned in joint venture partnerships. An additional 185 operating properties that are owned by franchisees or third-parties in exchange for a management fee, bringing the total number of operating properties, which it owns and/or manages to 882. The Company operates in three segments: property management, acquisition and development; rental operations, and tenant reinsurance. In January 2014, Extra Space Storage Inc acquired a self storage portfolio of 17 assets located in Virginia.

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Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Extra Space Storage, Inc.

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

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