TCO stock: buy or sell?

TCO stock price: $44.38 3.91% At close on April 6th, 2020

Updated on:
April 6th, 2020

2

Taubman Centers closed today at $44.38 and rocketed a great 3.91%. On Tuesday TCO plummed a dreadful -8.76%.

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and\u002For leasing of 27 regional, super-regional and outlet shopping centers in the U.

Should I buy TCO stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Taubman Centers stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean TCO will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Taubman Centers stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't detect any rating for TCO stock for the last 30 days.

TCO stock analysis

Daily outlook

Shares of Taubman Centers closed today at $44.38 and rocketed a great 3.91%.

Shares of Taubman Centers ended today at $44.38 and rocketed a great 3.91%. Since February when TCO stock price broke up the SMA200d line, it gained $10.20 (29.84%). TCO is soaring again after a 18.74% correction from its last top on March 26th at $48.13. Since SMA50d and SMA100d crossed up on Feb/24, TCO price slid a -15.29%.

TCO stock chart (daily)

Weekly outlook

After sliding a chilling -8.62% in a week last week, Taubman Centers closed this week at $44.38 and escalated an excellent 3.91%. Late March TCO skyrocketed an amazing 6.79% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $52.64 resistance. Since SMA20w and SMA40w crossed up last week, TCO price slid a -4.33%. Since mid February when TCO stock price broke up the SMA40w line, it gained $10.20 (29.84%).

TCO stock chart (weekly)

TCO stock price history

TCO IPO was on November 20th, 1992 at $2.40 per share1. Since then, TCO stock grew a 1,749.20%, with a yearly average of 64.80%. If you had invested $1,000 in TCO stock in 1992, it would worth $17,492.00 today.

1: Adjusted price after possible price splits or reverse-splits.

TCO stock historical price chart

TCO stock reached 52-week highs on February at $52.64, and all-time highs 2008-09-18 with a price of 70.

TCO stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price target for Taubman Centers stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Taubman Centers matched the forecasts of the experts and reported an EPS of $0.91 per share. As soon as we get its actual EPS from the earnings report, we will update this review.
TCO earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.23n/a
2017-Q32017-11-010.230.07-69.6%
2017-Q42018-02-080.270.3322.2%
2018-Q12018-04-260.931.0411.8%
2018-Q22018-07-300.870.870.0%
2018-Q32018-10-290.861.0117.4%
2018-Q42019-02-130.890.912.2%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Taubman Centers annual sales appreciated a slightly fine 1.86% to $640.87 million dollars from $629.17 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) remained constant a 0.20% to 13.03%.

TCO annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$765 M-$131 M17.1%-
2014$679 M-11.18%$893 M131.5%582.52%
2015$557 M-17.96%$134 M24.1%-84.98%
2016$613 M9.94%$133 M21.6%-1.13%
2017$629 M2.71%$81 M12.8%-39.14%
2018$641 M1.86%$83 M13.0%3.45%

Quarterly financial results

Taubman Centers reported $167.49 million in revenues for 2018-Q4, a 5.26% improvement compared to previous quarter. Reported quarter income marked $9.46 million with a profit margin of 5.65%. Profit margin collapsed a -11.54% compared to previous quarter when profit margin was 17.19%. When comparing sales to same quarter last year, Taubman Centers sales marked a bad drop down and depreciated a -2.73%. Looking back to recent quarterly results, Taubman Centers posted 2 negative quarters in a row.
TCO quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$154 M-$19 M12.5%-
2017-Q3$153 M-0.42%$11 M7.0%-44.35%
2017-Q4$172 M12.38%$27 M15.5%148.19%
2018-Q1$161 M-6.21%$25 M15.5%-6.16%
2018-Q2$153 M-5.40%$22 M14.2%-13.14%
2018-Q3$159 M4.16%$27 M17.2%26.13%
2018-Q4$167 M5.26%$9 M5.6%-65.41%
2019-Q1$160 M-4.35%$22 M13.4%127.29%

Taubman Centers ownership

When you are planning to buy a stock, it's always worth to review its ownership structure.

Taubman Centers shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 5.13% of all shares.

Bearish positions for TCO stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

TCO
Market cap$2.7 B
Total shares61.2 M
Float shares59.3 M
  - Institutional holdings (%)105.6%
  - Insider holdings (%)5.1%
Shares in short selling0.0%

TCO summary

Monday, April 6th, 2020
Open$44.17
Close$44.38
Day range$43.36 - $44.78
Previous close$42.71
Session gain3.91%
Average true range$3.37
50d mov avg$44.64
100d mov avg$37.78
200d mov avg$37.83
Daily patternlb01a
Weekly pattern lb02a

Taubman Centers performance

To better understand Taubman Centers performance you must becnhmark its gains with other related stocks in same sector or industry. For Taubman Centers, the benchmark is made against .
Stock3m6m12m
TCOTaubman Centers48.23%25.72%-11.36%

Taubman Centers competitors

Unfortunately, we could not find any public company that could be defined as Taubman Centers competitor. This doesn't mean Taubman Centers does not have any competitor in the market, it's just we could not detected it.