Stock Updates

Is this Large Market Cap Stock target price reasonable for Tanger Factory Outlet Centers Inc. (NYSE:SKT)?

The company in question is, Tanger Factory Outlet Centers Inc. (NYSE:SKT) currently with a stock price of 36.85 (-0.49% today). The market cap for Tanger Factory Outlet Centers Inc. is 3563.77, and is in the sector Financial, and REIT РRetail industry. The target price for Tanger Factory Outlet Centers Inc. is 41.67. Currently Tanger Factory Outlet Centers Inc. is trading with a P/E of 14.07, and a forward P/E of 32.4. Average volume for Tanger Factory Outlet Centers Inc. is 525.49 and so far today it is 167246.

Performance in the last year for Tanger Factory Outlet Centers Inc. has been 10.61%. For EPS growth, Tanger Factory Outlet Centers Inc. has seen a growth of 186.60%, and is looking to grow in the next year to -27.98%. More long term stats show that EPS growth has been 46.90% over the last five years and could be 6.70% for the next five years. Tanger Factory Outlet Centers Inc. has seen sales growth quarter over quarter at 3.30%, with EPS growth quarter over quarter at 198.90%. The 20-day simple moving average is -6.45%, with the 200-day simple moving average coming to 1.59%.

Since the IPO date for Tanger Factory Outlet Centers Inc. on the 5/28/1993, Tanger Factory Outlet Centers Inc. has seen performance year to date to be 16.21%. With Tanger Factory Outlet Centers Inc. trading at 36.85, the dividend yield is 3.51%, and the EPS is 2.63.

So could Tanger Factory Outlet Centers Inc., be undervalued? Well as said before P/E is 14.07. The PEG is 2.1, P/S is 7.96 and the P/B is at 5.62. The P/cash is 131.5, with P/free cash flow at *TBA.

Tanger Factory Outlet Centers 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 2.56, and total debt/equity at 2.56.

In terms of margins, Tanger Factory Outlet Centers Inc. has a gross margin of 67.20%, an operating margin of 33.00% and a profit margin of 55.80%.Payout ratio for Tanger Factory Outlet Centers Inc. is 44.80%. Return on assets come to 11.00% with return on investment coming to 6.70%.

Insider ownership for Tanger Factory Outlet Centers Inc., is at 1.20% and institutional ownership comes to *TBA. Outstanding shares are at 96.24. While shares float is 94.32. The float short is currently 4.34%, and short ratio is 7.79.

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.

About the author

Mark Hines

Leave a Comment