Tanger Factory Outlet Centers, Inc. (SKT): Price and Financial Metrics

SKT POWR Grades

• SKT scores best on the Growth dimension, with a Growth rank ahead of 90.04% of US stocks.
• SKT's strongest trending metric is Sentiment; it's been moving down over the last 155 days.
• SKT's current lowest rank is in the Sentiment metric (where it is better than 2.16% of US stocks).

SKT Stock Summary

• Of note is the ratio of Tanger Factory Outlet Centers Inc's sales and general administrative expense to its total operating expenses; merely 15.2% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for Tanger Factory Outlet Centers Inc is higher than it is for about 87.6% of US stocks.
• In terms of twelve month growth in earnings before interest and taxes, Tanger Factory Outlet Centers Inc is reporting a growth rate of 262.24%; that's higher than 91.77% of US stocks.
• If you're looking for stocks that are quantitatively similar to Tanger Factory Outlet Centers Inc, a group of peers worth examining would be IRDM, HPP, NS, EVOP, and CSR.
• Visit SKT's SEC page to see the company's official filings. To visit the company's web site, go to www.tangeroutlets.com.

SKT Valuation Summary

• In comparison to the median Real Estate stock, SKT's price/sales ratio is 152.94% higher, now standing at 4.3.
• Over the past 243 months, SKT's EV/EBIT ratio has gone up 24.7.
• SKT's price/sales ratio has moved up 2.7 over the prior 243 months.

Below are key valuation metrics over time for SKT.

SKT Growth Metrics

Its 3 year net cashflow from operations growth rate is now at 9.57%.
• The year over year cash and equivalents growth rate now stands at -66.41%.
• The 2 year revenue growth rate now stands at -4.81%.

Over the past 33 months, SKT's revenue has gone down $69,094,000.

The table below shows SKT's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-09-30	425.587	216.736	-3.705
2021-06-30	416.335	242.108	19.903
2021-03-31	379.052	168.741	-5.263
2020-12-31	389.991	164.747	-36.278
2020-09-30	399.328	153.444	-48.29
2020-06-30	415.109	141.975	-37.773

SKT's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• SKT has a Quality Grade of C, ranking ahead of 58.15% of graded US stocks.
• SKT's asset turnover comes in at 0.195 -- ranking 97th of 444 Trading stocks.
• SITC, GPMT, and CBOE are the stocks whose asset turnover ratios are most correlated with SKT.

The table below shows SKT's key quality metrics over time.