Tanger Factory Outlet Stock Buy Hold or Sell Recommendation
| SKT Stock | USD 26.82 0.34 1.28% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Tanger Factory Outlet is 'Strong Hold'. Macroaxis provides Tanger Factory buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SKT positions. The advice algorithm takes into account all of Tanger Factory's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Tanger Factory's buy or sell advice are summarized below:
Real Value 25.01 | Target Price 22.71 | Hype Value 26.82 | Market Value 26.82 | Naive Value 26.04 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tanger Factory Outlet given historical horizon and risk tolerance towards Tanger Factory. When Macroaxis issues a 'buy' or 'sell' recommendation for Tanger Factory Outlet, the advice is generated through an automated system that utilizes algorithms and statistical models.
Tanger |
Execute Tanger Factory Buy or Sell Advice
The Tanger recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tanger Factory Outlet. Macroaxis does not own or have any residual interests in Tanger Factory Outlet or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tanger Factory's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Tanger Factory Trading Alerts and Improvement Suggestions
| Tanger Factory generated a negative expected return over the last 90 days | |
| Tanger Factory has a strong financial position based on the latest SEC filings | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: 5 Stocks in Focus That Just Increased Their Dividends |
Tanger Factory Returns Distribution Density
The distribution of Tanger Factory's historical returns is an attempt to chart the uncertainty of Tanger Factory's future price movements. The chart of the probability distribution of Tanger Factory daily returns describes the distribution of returns around its average expected value. We use Tanger Factory Outlet price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tanger Factory returns is essential to provide solid investment advice for Tanger Factory.
| Mean Return | 0.02 | Value At Risk | -2.87 | Potential Upside | 2.71 | Standard Deviation | 1.46 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tanger Factory historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tanger Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tanger Factory is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tanger Factory Outlet backward and forwards among themselves. Tanger Factory's institutional investor refers to the entity that pools money to purchase Tanger Factory's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Lsv Asset Management | 2023-12-31 | 1.4 M | Grs Advisors, Llc | 2023-12-31 | 1.3 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.2 M | Northern Trust Corp | 2023-12-31 | 1.2 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.1 M | Legal & General Group Plc | 2023-12-31 | 973.9 K | Amvescap Plc. | 2023-12-31 | 775.5 K | Goldman Sachs Group Inc | 2023-12-31 | 752.1 K | Aew Capital Management Lp | 2023-12-31 | 750.6 K | Blackrock Inc | 2023-12-31 | 19.7 M | Vanguard Group Inc | 2023-12-31 | 16.8 M |
Tanger Factory Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 7.6M | 68.2M | 76.4M | 50.9M | (199.3M) | (189.4M) | |
| Free Cash Flow | 220.5M | 164.7M | 217.7M | 214.0M | 218.8M | 229.8M | |
| Depreciation | 123.3M | 117.1M | 110.0M | 111.9M | 108.9M | 74.5M | |
| Other Non Cash Items | 801K | 10.2M | 10.4M | 1.5M | 10.9M | 6.7M | |
| Dividends Paid | 132.7M | 66.6M | 72.4M | 84.2M | (103.8M) | (98.6M) | |
| Capital Expenditures | 47.9M | 30.4M | 3.2M | 84.8M | 10.8M | 10.2M | |
| Net Income | 92.7M | (38.0M) | 9.6M | 85.8M | 98.0M | 50.3M | |
| End Period Cash Flow | 16.7M | 84.8M | 161.3M | 212.1M | 12.8M | 12.1M | |
| Investments | 99.3M | (18.8M) | 12.6M | (98.8M) | (154.6M) | (146.9M) | |
| Net Borrowings | (148.5M) | (3.6M) | (172.8M) | 32.1M | 28.9M | 30.3M |
Tanger Factory Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tanger Factory or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tanger Factory's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tanger stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.07 | |
β | Beta against NYSE Composite | 1.42 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | -0.03 |
Tanger Factory Volatility Alert
Tanger Factory Outlet has relatively low volatility with skewness of -0.24 and kurtosis of 0.96. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tanger Factory's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tanger Factory's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tanger Factory Fundamentals Vs Peers
Comparing Tanger Factory's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tanger Factory's direct or indirect competition across all of the common fundamentals between Tanger Factory and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tanger Factory or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tanger Factory's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tanger Factory by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tanger Factory to competition |
| Fundamentals | Tanger Factory | Peer Average |
| Return On Equity | 0.19 | -0.31 |
| Return On Asset | 0.0389 | -0.14 |
| Profit Margin | 0.21 % | (1.27) % |
| Operating Margin | 0.26 % | (5.51) % |
| Current Valuation | 4.43 B | 16.62 B |
| Shares Outstanding | 109.19 M | 571.82 M |
| Shares Owned By Insiders | 2.43 % | 10.09 % |
| Shares Owned By Institutions | 87.66 % | 39.21 % |
| Number Of Shares Shorted | 4.46 M | 4.71 M |
| Price To Earning | 26.70 X | 28.72 X |
| Price To Book | 5.16 X | 9.51 X |
| Price To Sales | 6.18 X | 11.42 X |
| Revenue | 464.41 M | 9.43 B |
| Gross Profit | 327.12 M | 27.38 B |
| EBITDA | 242.73 M | 3.9 B |
| Net Income | 97.97 M | 570.98 M |
| Cash And Equivalents | 212.12 M | 2.7 B |
| Cash Per Share | 1.98 X | 5.01 X |
| Total Debt | 1.53 B | 5.32 B |
| Debt To Equity | 2.90 % | 48.70 % |
| Current Ratio | 3.79 X | 2.16 X |
| Book Value Per Share | 5.21 X | 1.93 K |
| Cash Flow From Operations | 229.61 M | 971.22 M |
| Short Ratio | 5.95 X | 4.00 X |
| Earnings Per Share | 0.92 X | 3.12 X |
| Price To Earnings To Growth | 3.65 X | 4.89 X |
| Target Price | 29.0 | |
| Number Of Employees | 364 | 18.84 K |
| Beta | 1.81 | -0.15 |
| Market Capitalization | 2.9 B | 19.03 B |
| Total Asset | 2.32 B | 29.47 B |
| Retained Earnings | (490.17 M) | 9.33 B |
| Working Capital | (109.54 M) | 1.48 B |
Note: Acquisition by Chad Perry of 83274 shares of Tanger Factory subject to Rule 16b-3 [view details]
Tanger Factory Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tanger . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Tanger Factory Buy or Sell Advice
When is the right time to buy or sell Tanger Factory Outlet? Buying financial instruments such as Tanger Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.5B | 1.5B | 1.5B | 995.1M | Total Assets | 2.2B | 2.2B | 2.3B | 1.4B |
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In addition to having Tanger Factory in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Tanger Factory Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Tanger Stock analysis
When running Tanger Factory's price analysis, check to measure Tanger Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.
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Is Tanger Factory's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tanger Factory. If investors know Tanger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tanger Factory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.29 | Dividend Share 1.01 | Earnings Share 0.92 | Revenue Per Share 4.515 | Quarterly Revenue Growth 0.097 |
The market value of Tanger Factory Outlet is measured differently than its book value, which is the value of Tanger that is recorded on the company's balance sheet. Investors also form their own opinion of Tanger Factory's value that differs from its market value or its book value, called intrinsic value, which is Tanger Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tanger Factory's market value can be influenced by many factors that don't directly affect Tanger Factory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tanger Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tanger Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanger Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.