The current recommendation of Strong Sell for Simon Property Group Inc (NYSE:SPG) has been derived by using the Portfolio Grader stock evaluator of Louis Navellier, which incorporates his investing approach. SPG has maintained this ranking for 5 months.
SPG is classified as a component of the 180 company Equity Real Estate Investment Trusts (REITs) GICS industry group, which is part of the 221 company GICS Real Estate sector. The market value of SPG is $49.2 billion which falls in the top decile in its industry group The current Portfolio Grader ranking for SPG puts it 161 among the 180 companies in this industry group, a spot that is well below-average.
Currently, Portfolio Grader ranks the Real Estate sector number 11 among the 12 sectors in its universe putting it in the bottom quartile of all the GICS sectors. The Equity Real Estate Investment Trusts (REITs) industry group is ranked 59 among the 69 industry groups within the GICS sectors, placing it well below-average in terms of the Navellier scoring system.
Simon Property Group has realized below-average scores in 4 of the 8 fundamental areas appraised by Portfolio Grader in the ranking of company stocks.
SPG's operational scores are below the industry norms for sales growth, operating margin, and earnings growth. Scores for visibility of earnings are mixed, with rankings for earnings revisions and earnings momentum that are worse than average, while the score for earnings surprises is better than average. SPG's ranking for return on equity is strikingly better than its industry group average but its grade for cash flow is below-average. These fundamental scores give Simon Property Group a position in the top half of the industry group.
Portfolio Grader uses the Navellier Proprietary Quantitative Score to view SPG's shares from the perspective of risk/reward. This unique scoring system takes into account the relative value of SPG's shares based on the current price of the shares relative to its peers, the market and risk associated with its industry and sector groups. Using this risk/reward calculation, the company currently scores well below-average in its industry group compared to its peers.
Louis Navellier's proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results, with A being 'strong buy' and F being 'strong sell'. Explore the tool here.
Commentary provided by UpTick Data Technologies.
