The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Tanger Inc (NYSE: SKT) closed the day trading at $29.32 up 0.07% from the previous closing price of $29.30. In other words, the price has increased by $0.07 from its previous closing price. On the day, 0.63 million shares were traded.
Ratios:
For a better understanding of SKT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 326.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13. In the meantime, Its Debt-to-Equity ratio is 2.60 whereas as Long-Term Debt/Eq ratio is at 2.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on March 28, 2025, Upgraded its rating to Buy and sets its target price to $40 from $39 previously.
On January 28, 2025, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $36. On December 17, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $37.Deutsche Bank initiated its Hold rating on December 17, 2024, with a $37 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 12 ’25 when REDDIN THOMAS sold 7,000 shares for $32.25 per share. The transaction valued at 225,750 led to the insider holds 39,602 shares of the business.
REDDIN THOMAS bought 7,000 shares of SKT for $225,750 on May 12 ’25. On May 05 ’25, another insider, Yalof Stephen, who serves as the President & CEO of the company, bought 3,348 shares for $29.87 each. As a result, the insider paid 100,000 and bolstered with 831,611 shares of the company.
Valuation Measures:
As of this moment, Tanger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.70, and their Forward P/E ratio for the next fiscal year is 29.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.17 while its Price-to-Book (P/B) ratio in mrq is 5.23.
Stock Price History:
Over the past 52 weeks, SKT has reached a high of $37.57, while it has fallen to a 52-week low of $25.94. The 50-Day Moving Average of the stock is -5.38%, while the 200-Day Moving Average is calculated to be -11.03%.
Shares Statistics:
A total of 113.17M shares are outstanding, with a floating share count of 110.32M. Insiders hold about 2.52% of the company’s shares, while institutions hold 91.35% stake in the company.
