Tanger Factory Outlet Centers, Inc. [NYSE:SKT]: Analyst Rating and Earnings
Equities traders often pay a significant amount of attention to what top market analysts have to say about a potential stock investment. In regards to Tanger Factory Outlet Centers, Inc. [SKT], the most recent average analyst recommendation we can read comes from the fiscal quarter ending in December. On average, stock market experts give SKT an Hold rating. Its stock price has been found in the range of 19.75 to 24.91. This is compared to its latest closing price of $19.88.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Tanger Factory Outlet Centers, Inc. [SKT] is sitting at 3.33. This is compared to 1 month ago, when its average rating was 3.50.
For the quarter ending in Dec-18 Tanger Factory Outlet Centers, Inc. [SKT] generated $0.12 billion in sales. That’s 1.43% higher than the average estimate of $0.12 billion as provided by Wall Street analysts. The three indicators above suggest that the company is performing better than market experts expected, boosting its appeal as a solid investment.
Keep your eyes on this company’s next financial results, which are scheduled to be made public on Mon 6 May (In 20 Days).
Fundamental Analysis of Tanger Factory Outlet Centers, Inc. [SKT]
Now let’s turn to look at profitability: with a current Operating Margin for Tanger Factory Outlet Centers, Inc. [SKT] sitting at +18.75 and its Gross Margin at +40.99, this company’s Net Margin is now 8.60%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 4.07, and its Return on Invested Capital has reached 5.00%. Its Return on Equity is 8.00, and its Return on Assets is 1.72. These metrics suggest that this Tanger Factory Outlet Centers, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Tanger Factory Outlet Centers, Inc. [SKT] has generated a Total Debt to Total Equity ratio of 356.72. Similarly, its Total Debt to Total Capital is 78.10, while its Total Debt to Total Assets stands at 71.82. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 356.02, and its Long-Term Debt to Total Capital is 77.95. This company is not leveraging its assets to take on debt, which stunts its growth and limits the ROI for investors.
What about valuation? This company’s Enterprise Value to EBITDA is 15.97 and its Total Debt to EBITDA Value is 5.82. The Enterprise Value to Sales for this firm is now 7.28, and its Total Debt to Enterprise Value stands at 0.47. Tanger Factory Outlet Centers, Inc. [SKT] has a Price to Book Ratio of 3.96, a Price to Cash Flow Ratio of 6.65 and P/E Ratio of 42.19. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, Tanger Factory Outlet Centers, Inc. [SKT] earns $775,666 for each employee under its payroll. Similarly, this company’s Total Asset Turnover is 0.20.
Tanger Factory Outlet Centers, Inc. [SKT] has 92.80M shares outstanding, amounting to a total market cap of $1.75B. Its stock price has been found in the range of 19.75 to 24.91. At its current price, it has moved by -24.09% from its 52-week high, and it has moved -4.25% from its 52-week low.
This stock’s Beta value is currently 0.76, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 26.92. This stock, according to these metrics, is currently Oversold.
Conclusion: Is Tanger Factory Outlet Centers, Inc. [SKT] a Reliable Buy?
Tanger Factory Outlet Centers, Inc. [SKT] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.