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Tanger Factory Outlet (SKT) earnings: expect -1% revenue decline

11:44 am ET, 03 May 2019

Tanger Factory Outlet Centers, Inc. (SKT) is announcing earnings on May 06, after the market closes. Wondering what revenue and earnings will look like?

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $120M, which implies -1% growth rate year-over-year.

Earnings per share are expected to come in at $0.57. If this materializes, EPS will decline -5% year-over-year.

How did the stock do last month?

Over the last month, Tanger Factory Outlet Centers (SKT) returned -8.93%.

How is the stock valued?

Tanger Factory Outlet Centers (SKT) forward P/E ratio is 22.9, and it’s relatively low compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

Tanger Factory Outlet Centers, Inc. (SKT) average analyst price target is 17.39% above its current price ($18.06).

For the latest price and information on Tanger Factory Outlet Centers, please visit Finstead and ask for "SKT", "SKT analysis" or "SKT news".

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Tanger Factory Outlet Centers, Inc. (SKT) Stock Guide

Updated at: 2:31 pm ET, 18 Sep 2020

Before we start: if you're looking for SKT stock price, you can quickly find it out by visiting Finny and typing "SKT quote". If you're looking for a quick scoop on SKT stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "SKT". You'll get all this info in one place. Or you can just type "SKT news" to get the latest stock news.

Looking to buy or sell Tanger Factory Outlet Centers, Inc. (SKT)? Interested in getting the full scoop on SKT, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this SKT stock guide, we'll address key questions about SKT, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are SKT earnings?
2. SKT buy or sell? What is SKT Finny Score?
3. What are the reasons to buy SKT? Why should I buy SKT stock?
4. What are the reasons to sell SKT? Why should I sell SKT stock?
5. What are SKT key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are SKT earnings?

SKT trailing 12-month earnings per share (EPS) is -$0.42.

Analysis

2. SKT buy or sell? What is SKT Finny Score?

#{finnyScore:44}Our quantitative analysis shows 4 reasons to buy and 5 reasons to sell SKT, resulting in Finny Score of 44.

3. What are the reasons to buy SKT? Why should I buy SKT stock?

Here are the reasons to buy SKT stock:

  • SKT stock price ($5.78) is close to the 52-week low ($4.26). Perhaps now is a good time to buy? See SKT price chart.
  • SKT Price/Sales ratio is 1.23, which is low compared to its industry peers’ P/S ratios. See SKT forward Price/Sales ratio chart.
  • SKT cash to debt ratio is 0.16, higher than the average industry (0.09) and sector (0.10) cash to debt ratio. See SKT cash to debt chart.
  • SKT Enterprise Value/Revenue multiple is 5.39, which is low compared to its industry peers’ Enterprise Value/Revenue multiples. See SKT Enterprise Value/Revenue chart.

4. What are the reasons to sell SKT? Why should I sell SKT stock?

Let's look at the reasons to sell SKT stock (i.e., the bear case):

  • SKT quarterly revenue growth was -45.40%, lower than the industry and sector average revenue growth (0.01% and 1.44%, respectively). See SKT revenue growth chart.
  • SKT profitability is declining. The YoY profit margin change was -27.96 percentage points. See SKT profitability chart.
  • SKT Price/Book ratio is 1.66, which is high compared to its industry peers’ P/B ratios. See SKT forward Price/Book ratio chart.
  • SKT short share of float is 73.19%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See SKT short share of float chart.
  • SKT short interest (days to cover the shorts) ratio is 16.12. The stock garners more short interest than the average industry, sector or S&P 500 stock. See SKT short interest ratio chart.

Key Stats

5. What are SKT key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for SKT:

Metrics SKT
Price $6.30
Average Price Target / Upside $5.53 / -12.29%
Average Analyst Rating Hold
Forward Dividend Yield 0.00%
Industry REIT - Retail
Sector Real Estate
Number of Employees 643
Market Cap $576.72M
Forward P/E Ratio 68.56
Price/Book Ratio 1.37
Revenue (TTM) $421.33M
YoY Quarterly Revenue Growth -45.40%
Profit Margin -8.97%

If you liked this analysis, check out Stock Guides for other stocks.

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