Simon Property Group, Inc [SPG] stock prices are down -1.08% to $179.96 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPG shares have gain 0.41% over the last week, with a monthly amount drifted -0.17%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Simon Property Group, Inc [NYSE: SPG] stock has seen the most recent analyst activity on December 17, 2024, when Deutsche Bank initiated its Hold rating and assigned the stock a price target of $195. Previously, Evercore ISI upgraded its rating to Outperform on September 16, 2024, and elevated its price target to $172. On September 12, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $159 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $175 on September 03, 2024. Morgan Stanley downgraded its rating to a Equal-Weight and raised its price target to $143 on December 21, 2023. Evercore ISI downgraded its rating to In-line for this stock on August 03, 2023, and downed its price target to $129. In a note dated July 06, 2023, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $127.
The stock price of Simon Property Group, Inc [SPG] has been fluctuating between $135.15 and $186.00 over the past year. Currently, Wall Street analysts expect the stock to reach $167.93 within the next 12 months. Simon Property Group, Inc [NYSE: SPG] shares were valued at $179.96 at the most recent close of the market. An investor can expect a potential drop of -6.68% based on the average SPG price forecast.
Analyzing the SPG fundamentals
The Simon Property Group, Inc [NYSE:SPG] reported sales of 5.91B for trailing twelve months, representing a surge of 4.94%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.52%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.42%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.84 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 9.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 178.92 points at the first support level, and at 177.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 181.81, and for the 2nd resistance point, it is at 183.66.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 11.44, the price to book ratio is 21.97 and price to earnings (TTM) ratio is 23.50.
Transactions by insiders
Recent insider trading involved HUBBARD ALLAN B, Director, that happened on Sep 30 ’24 when 370.0 shares were purchased. Director, STEWART MARTA R completed a deal on Sep 30 ’24 to buy 172.0 shares. Meanwhile, Director LEIBOWITZ REUBEN S bought 453.0 shares on Sep 30 ’24.
