Eastgroup Properties, Inc. Shares Close in on 52-Week High - Market Mover

The shares closed 1.7% below its 52-week high of $184.77, with trading volume higher than its 30 day average

Sep 08, 2021 by Kwhen Finance Editors

Eastgroup Properties, Inc. Shares Close in on 52-Week High - Market Mover
Eastgroup Properties, Inc. (EGP) shares closed today at 1.7% below its 52 week high of $184.77, giving the company a market cap of $7B. The stock is currently up 32.9% year-to-date, up 40.7% over the past 12 months, and up 177.2% over the past five years. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 fell 0.0%.

Trading Activity

  • Trading volume this week was 18.0% higher than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $250 million in earnings before interest and taxes from $372 million in revenue. It currently holds $68,000 in cash and $103 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 60.26687214355581 is lower than its current P/E ratio of 62.99, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -4.96. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 2.10 which means it currently has $2.10 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 4.81. This means that the stock is trading at a premium of 5 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 16.99.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 20.48.

P/E

62.99

EBITDA

$250M

P/Book

4.81

Mkt Cap

$7B

P/Sales

16.99

Revenue

$372M

EPS (TTM)

2.93

PEG Ratio

-4.96

EV/Revenue

20.48

Total Cash

$68,000

Debt/Equity

2.10

Forward P/E

60.27

Current Debt

$103M

Gross Profit

$372M

Dividend Date

2021-09-29

Earnings Date

2021-10-26

Profit Margin

0.30

Revenue/Share

9.30

Total Revenue

$372M

Enterprise Val

$7B

Put/Call Ratio

0.64

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and beats it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Eastgroup Properties, Inc.-0.032.940.7-2.347.2
Dow Jones Industrial Average-0.216.126.9-1.436.2
S&P 500 Index-0.121.533.7-0.742.5
Financials-0.626.643.2-2.056.1

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 107.1%
  • The company's stock price performance over the past 12 months beats the peer average by 54.0%
  • The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 36.7% higher than the average peer.
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Eastgroup Properties, Inc.EGP63.032.940.7-2.347.2
Peer AvgN/A46.115.926.4-5.840.6
Weyerhaeuser Co.WY11.99.327.0-13.337.8
Equity Lifestyle Properties Inc.ELS64.937.133.9-3.350.0
Medical Properties Trust IncMPW24.81.523.7-4.439.1
Healthcare Trust of America Inc - Class AHTA82.815.621.2-2.235.5

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?

Tags: