Tanger Factory Stock Target Price and Analyst Consensus

SKT Stock  USD 27.82  0.05  0.18%   
The current analyst and expert consensus on Tanger Factory is Buy with 4 hold recommendations. The current projected Tanger Factory target price consensus is 22.71 with 8 analyst opinions. One of the most common ways Tanger Factory Outlet analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Tanger Factory vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Tanger Factory. We strongly encourage you to use your own analysis of Tanger Factory Outlet to validate this buy or sell advice. Tanger Factory recommendation module provides expert sentiment on the projected Tanger Factory Outlet target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Tanger Factory to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
20.67
Highest Forecast
25.21
Target Price
22.71
At this time, Tanger Factory's Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.48 in 2024, whereas Gross Profit is likely to drop slightly above 204.8 M in 2024. At this time, Tanger Factory's Other Current Liabilities is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 138.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 349.7 M in 2024.
  
It's important to approach Tanger Factory's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Tanger Factory Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tanger target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Tanger Factory's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   8  Buy
Most Tanger analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Tanger stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Tanger Factory Outlet, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Tanger Factory Target Price Projection

Tanger Factory's current and average target prices are 27.82 and 22.71, respectively. The current price of Tanger Factory is the price at which Tanger Factory Outlet is currently trading. On the other hand, Tanger Factory's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Tanger Factory Market Quote on 11th of May 2024

Low Price27.53Odds
High Price28.0Odds

27.82

Target Price

Analyst Consensus On Tanger Factory Target Price

Low Estimate20.67Odds
High Estimate25.21Odds

22.71

Historical Lowest Forecast  20.67 Target Price  22.71 Highest Forecast  25.21
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Tanger Factory Outlet and the information provided on this page.

Tanger Factory Analyst Ratings

Tanger Factory's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Tanger Factory stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Tanger Factory's financials, market performance, and future outlook by experienced professionals. Tanger Factory's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Tanger Factory price targets

Tanger Factory's stock target price is an estimate of its future price, usually made by analysts. Using Tanger Factory's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Tanger Factory's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Tanger Factory's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Tanger Factory Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Tanger Factory is a key component of Tanger Factory valuation and have some predictive power on the future returns of a Tanger Factory.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tanger Factory's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
26.2627.8129.36
Details
Intrinsic
Valuation
LowRealHigh
23.7325.2830.60
Details
Naive
Forecast
LowNextHigh
25.7127.2628.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.170.190.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tanger Factory. Your research has to be compared to or analyzed against Tanger Factory's peers to derive any actionable benefits. When done correctly, Tanger Factory's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tanger Factory Outlet.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested few shares
When determining whether Tanger Factory Outlet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tanger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tanger Factory Outlet Stock. Highlighted below are key reports to facilitate an investment decision about Tanger Factory Outlet Stock:
Check out Macroaxis Advice on Tanger Factory to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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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The data published in Tanger Factory's official financial statements usually reflect Tanger Factory's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Tanger Factory Outlet. For example, before you start analyzing numbers published by Tanger accountants, it's critical to develop an understanding of what Tanger Factory's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of Tanger Factory's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tanger Factory's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Tanger Factory's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tanger Factory Outlet. Please utilize our Beneish M Score to check the likelihood of Tanger Factory's management manipulating its earnings.