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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 РRetail 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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