TANGER FACTORY OUTLET CTRS's gross profit margin for the third quarter of its fiscal year 2014 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 1.28% from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
|Income Statement||Q3 FY14||Q3 FY13|
|Net Sales ($mil)||107.78||106.92|
|Net Income ($mil)||23.0||53.29|
|Balance Sheet||Q3 FY14||Q3 FY13|
|Cash & Equiv. ($mil)||10.82||10.48|
|Total Assets ($mil)||2140.12||2001.96|
|Total Debt ($mil)||1448.99||1325.85|
|Profitability||Q3 FY14||Q3 FY13|
|Gross Profit Margin||35.14||39.79|
|Return on Assets||3.66||5.17|
|Return on Equity||15.11||19.73|
|Debt||Q3 FY14||Q3 FY13|
|Share Data||Q3 FY14||Q3 FY13|
|Shares outstanding (mil)||95.9||94.48|
|Div / share||0.24||0.23|
|Book value / share||5.41||5.56|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||638257.0||819320.0|
HOLD. The current P/E ratio indicates a significant discount compared to an average of 103.82 for the Real Estate Investment Trusts (REITs) industry and a significant premium compared to the S&P 500 average of 19.41. For additional comparison, its price-to-book ratio of 7.44 indicates a significant premium versus the S&P 500 average of 2.74 and a significant premium versus the industry average of 3.86. The current price-to-sales ratio is well above the S&P 500 average and above the industry average, indicating a premium.
|SKT 49.07||Peers 103.82||SKT 19.33||Peers 24.35|
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.
SKT is trading at a significant discount to its peers.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
SKT is trading at a discount to its peers.
|SKT 41.06||Peers 52.24||SKT NM||Peers 6.25|
Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.
SKT is trading at a valuation on par with its peers.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
SKT's negative PEG ratio makes this valuation measure meaningless.
|SKT 7.44||Peers 3.86||SKT -24.78||Peers 210.79|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
SKT is trading at a significant premium to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, SKT is expected to significantly trail its peers on the basis of its earnings growth rate.
|SKT 9.08||Peers 8.79||SKT 11.17||Peers 32.13|
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
SKT is trading at a valuation on par with its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
SKT significantly trails its peers on the basis of sales growth
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV