TCO stock: buy or sell?
April 6th, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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%.
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 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 targetHow 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|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 M||9.94%||$133 M21.6%||-1.13%|
|2017||$629 M||2.71%||$81 M12.8%||-39.14%|
|2018||$641 M||1.86%||$83 M13.0%||3.45%|
Quarterly financial resultsTaubman 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.
|2017-Q2||$154 M||-||$19 M12.5%||-|
|2017-Q3||$153 M||-0.42%||$11 M7.0%||-44.35%|
|2017-Q4||$172 M||12.38%||$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 M||4.16%||$27 M17.2%||26.13%|
|2018-Q4||$167 M||5.26%||$9 M5.6%||-65.41%|
|2019-Q1||$160 M||-4.35%||$22 M13.4%||127.29%|
Taubman Centers ownershipWhen 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:
|Market cap||$2.7 B|
|Total shares||61.2 M|
|Float shares||59.3 M|
|- Institutional holdings (%)||105.6%|
|- Insider holdings (%)||5.1%|
|Shares in short selling||0.0%|
|Monday, April 6th, 2020|
|Day range||$43.36 - $44.78|
|Average true range||$3.37|
|50d mov avg||$44.64|
|100d mov avg||$37.78|
|200d mov avg||$37.83|
Taubman Centers performanceTo 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 .