Eastgroup Properties, Inc [EGP] stock prices are up 0.84% to $158.06 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 EGP shares have gain 1.13% over the last week, with a monthly amount drifted -12.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Eastgroup Properties, Inc [NYSE: EGP] stock has seen the most recent analyst activity on April 10, 2025, when Truist upgraded its rating to a Buy. Previously, Piper Sandler downgraded its rating to Neutral on April 07, 2025, and kept the price target unchanged to $175. On March 17, 2025, downgrade downgraded it’s rating to In-line and revised its price target to $185 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $180 on January 14, 2025. Jefferies upgraded its rating to a Buy and raised its price target to $194 on January 02, 2025. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on December 17, 2024. In a note dated December 11, 2024, Raymond James upgraded an Strong Buy rating on this stock and boosted its target price from $185 to $200.
The stock price of Eastgroup Properties, Inc [EGP] has been fluctuating between $137.67 and $192.61 over the past year. Currently, Wall Street analysts expect the stock to reach $175 within the next 12 months. Eastgroup Properties, Inc [NYSE: EGP] shares were valued at $158.06 at the most recent close of the market. An investor can expect a potential return of 10.72% based on the average EGP price forecast.
Analyzing the EGP fundamentals
The Eastgroup Properties, Inc [NYSE:EGP] reported sales of 642.77M for trailing twelve months, representing a surge of 9.75%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.35%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.47.
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 155.89 points at the first support level, and at 153.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 159.83, and for the 2nd resistance point, it is at 161.60.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 12.85, the price to book ratio is 2.49 and price to earnings (TTM) ratio is 33.94.
Transactions by insiders
Recent insider trading involved WOOD BRENT, Executive Vice President & CFO, that happened on Sep 12 ’24 when 1670.0 shares were sold. Senior Vice President, Dunbar Richard Reid completed a deal on Sep 12 ’24 to sell 1650.0 shares. Meanwhile, Officer RICHARD REID DUNBAR bought 1650.0 shares on Sep 12 ’24.
