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Is this Large Market Cap Stock target price reasonable for Simon Property Group Inc. (NYSE:SPG)?

The company in question is, Simon Property Group Inc. (NYSE:SPG) currently with a stock price of 218.16 (0.68% today). The market cap for Simon Property Group Inc. is 68340.8, and is in the sector Financial, and REIT – Retail industry. The target price for Simon Property Group Inc. is 237.95. Currently Simon Property Group Inc. is trading with a P/E of 38.73, and a forward P/E of 31.58. Average volume for Simon Property Group Inc. is 1164.99 and so far today it is 1367800.

Performance in the last year for Simon Property Group Inc. has been 28.89%. For EPS growth, Simon Property Group Inc. has seen a growth of 32.90%, and is looking to grow in the next year to 10.30%. More long term stats show that EPS growth has been 22.90% over the last five years and could be 7.60% for the next five years. Simon Property Group Inc. has seen sales growth quarter over quarter at -2.50%, with EPS growth quarter over quarter at -4.60%. The 20-day simple moving average is 0.45%, with the 200-day simple moving average coming to 9.71%.

Since the IPO date for Simon Property Group Inc. on the 12/14/1993, Simon Property Group Inc. has seen performance year to date to be 14.99%. With Simon Property Group Inc. trading at 218.16, the dividend yield is 3.03%, and the EPS is 5.63.

So could Simon Property Group Inc., be undervalued? Well as said before P/E is 38.73. The PEG is 5.1, P/S is 12.77 and the P/B is at 14.93. The P/cash is 77.28, with P/free cash flow at 29.46.

Simon Property Group Inc. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 5.01, and total debt/equity at 5.01.

In terms of margins, Simon Property Group Inc. has a gross margin of 81.90%, an operating margin of 49.40% and a profit margin of 32.70%.Payout ratio for Simon Property Group Inc. is 112.70%. Return on assets come to 5.60% with return on investment coming to 10.40%.

Insider ownership for Simon Property Group Inc., is at 0.10% and institutional ownership comes to 98.60%. Outstanding shares are at 313.26. While shares float is 312. The float short is currently 1.80%, and short ratio is 4.82.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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