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Tanger Factory Outlet Centers, Inc. [NYSE: SKT] opened at $16.22 and closed at $16.26 a share within trading session on 19/07/2019. That means that the stock dropped by -1.66% compared to the closing price from a day before, when the stock touched $15.99.

Between the start and the closing of the latest trading session, Tanger Factory Outlet Centers, Inc. [NYSE: SKT] had 630447 shares being bought and sold. In the last three months, average trading volumes hovered around 1.78M shares. During the last week, volatility in the share price was set at N/A, which placed the metric for the last 30 days at N/A. The price of the stock additionally went down to $15.48 during that period and SKT managed to take a rebound to $24.91 in the last 52 weeks.

Tanger Factory Outlet Centers, Inc. [NYSE:SKT]: Analyst Rating and Earnings

Stock market traders oftentimes pay a lot of attention to what top analysts say regarding a potential investment. Regarding Tanger Factory Outlet Centers, Inc. [SKT], the latest average analyst recommendation we can see is from the quarter closing in December. On average, stock market experts give SKT an Underperform rating. Its stock price has been found in the range of 15.48 to 24.91. This is compared to its latest closing price of $16.26.

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 3.71. This is compared to 1 month ago, when its average rating was 3.62.

For the quarter ending in Mar-19 Tanger Factory Outlet Centers, Inc. [SKT] generated $0.12 billion in sales. That’s 1.76% lower than the average estimate of $0.12 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.

Pay attention for this company’s financial results, of which the next release is scheduled to happen on Wed 31 Jul (In 12 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 16.50%. These measurements indicate that Tanger Factory Outlet Centers, Inc. [SKT] is generating considerably more profit, after expenses are accounted for, 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 show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates SKT financial performance.

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 14.28 and its Total Debt to EBITDA Value is 5.82. The Enterprise Value to Sales for this firm is now 6.54, 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 18.40. These metrics all suggest that Tanger Factory Outlet Centers, Inc. is more likely to generate a positive ROI.

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 94.74M shares outstanding, amounting to a total market cap of $1.54B. Its stock price has been found in the range of 15.48 to 24.91. At its current price, it has moved down by -35.81% from its 52-week high, and it has moved up 3.33% from its 52-week low.

This stock’s Relative Strength Index (RSI) is at 39.63. This RSI score is good, suggesting this stock is neither overbought or oversold.

Conclusion: Is Tanger Factory Outlet Centers, Inc. [SKT] a Reliable Buy?

Shares of Tanger Factory Outlet Centers, Inc. [SKT], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.