The Case for and Against Paramount Group, Inc. (PGRE)

Paramount Group, Inc. (PGRE) is an interesting player in the Financial space, with a focus on Property Management. The stock has been active on the tape, currently trading at $14.62, up from yesterday’s close by 1.18%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Paramount Group, Inc. (PGRE) currently trades with a market capitalization of $3.49 Billion. That value represents a market adjusting for revenues that have been growing by 8.07 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $138.27 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.01 on a per share basis this quarter. Perhaps, that suggests something about why 10.93% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Paramount Group, Inc. recorded a 52-week high of $17.25. It is now trading 2.63% off that level. The stock is trading $14.70 its 50-day moving average by 0.08%. The stock carved out a 52-week low down at $13.70.

In recent action, Paramount Group, Inc. (PGRE) has made a move of +2.89% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.8, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.53% with $206.57 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of PGRE.

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