EastGroup Story

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EGP -- USA Stock  

USD 129.22  3.59  2.70%

EastGroup Properties is scheduled to announce its earnings today. The next earnings report is expected on the 28th of October 2020. Because some of us are getting excited about real estate space, it makes sense to recap EastGroup Properties in greater detail. We will evaluate if EastGroup Properties shares are reasonably priced given the recent current
Published over a month ago
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Would you shadow EastGroup Properties analysts?
On a scale of 0 to 100, EastGroup Properties holds a performance score of 5. The firm shows a Beta (market volatility) of 0.0118, which means not very significant fluctuations relative to the market. Let's try to break down what EastGroup's beta means in this case. As returns on the market increase, EastGroup Properties returns are expected to increase less than the market. However, during the bear market, the loss on holding EastGroup Properties will be expected to be smaller as well. Although it is extremely important to respect EastGroup Properties historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing EastGroup Properties technical indicators, you can presently evaluate if the expected return of 0.21% will be sustainable into the future. Please utilizes EastGroup Properties value at risk, as well as the relationship between the skewness and day median price to make a quick decision on whether EastGroup Properties price patterns will revert.
What is the right price you would pay to acquire a share of EastGroup Properties? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our stock advisor page.

What is happening with EastGroup Properties this year

Annual and quarterly reports issued by EastGroup Properties are formal financial statements that are published yearly and quarterly and sent to EastGroup stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934. Companies such as EastGroup Properties often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

How EastGroup utilizes its cash?

To perform a cash flow analysis of EastGroup Properties, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash EastGroup Properties is receiving and how much cash it distributes out in a given period. The EastGroup Properties cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. EastGroup Properties Net Cash Flow from Operations is very stable at the moment as compared to the past year. EastGroup Properties reported last year Net Cash Flow from Operations of 195.91 Million

What is driving EastGroup Properties Investor Appetite?

Earning per share calculations of the firm is based on official Zacks consensus of 5 analysts regarding EastGroup Properties' future annual earnings. Given the historical accuracy of -7.08%, the future earnings per share of the company is estimated to be 5.1729 with the lowest and highest values of 5.11 and 5.22, respectively. Please note that this consensus of annual earnings estimates for EastGroup Properties is an estimate of EPS before non-recurring items and including employee stock options expenses.

Is EastGroup a risky opportunity?

Let's check the volatility. EastGroup is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind EastGroup (NYSE:EGP) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. obtaining a share of an EastGroup Properties stock makes you a part-owner of that company.

EastGroup Properties Current Consensus

Here is the recent trade recommendation based on an ongoing consensus estimate among financial analysis covering EastGroup Properties. The EastGroup consensus assessment is calculated by taking the average estimates from all of the analysts covering EastGroup Properties

Strong Buy
2
Hold
7
Strong Buy222.22
Buy00.0
Hold777.78
Sell00.0
Strong Sell00.0

Will EastGroup Properties recent roll up continue?

Recent Total Risk Alpha is up to 0.04. Price may decline again. EastGroup Properties currently demonstrates below-verage downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.26. However, we do advice investors to further question EastGroup Properties expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Although few other entities under the reit?industrial industry are still a bit expensive, EastGroup Properties may offer a potential longer-term growth to insiders. The bottom line, as of the 28th of July 2020, we see that EastGroup Properties barely shadows the market. The firm is overvalued with below average odds of financial distress within the next 24 months. Our present 30 days buy vs. sell advice on the firm is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of EastGroup Properties. Please refer to our Terms of Use for any information regarding our disclosure principles.

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