Sahm Earnings
EastGroup Properties (EGP), What Is Drawing Fresh Attention Now?
EastGroup Properties (EGP) has seen a recent pullback, dropping 8.6% in the past month despite a 12.9% year-to-date gain and a 28.9% one-year return. While a discounted cash flow model suggests the stock is 10.7% undervalued at $227.45 compared to its current $203.06, its high P/E ratio of 35.8x (compared to an industry average of 15.6x) indicates investors …