Analyst Ratings for CareTrust REIT Inc. (CTRE)

Updated: 2017-07-28

Analysts covering CareTrust REIT Inc. (NASDAQ:CTRE) have given it a consensus rating of Overweight. About 30 days ago, CTRE was issued an average rating of Overweight.

10 analysts issued ratings on the stock, where 3 gave CTRE a buy rating, 1 gave an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

CTRE was given price targets by several analysts. The maximum price target given was 20, which equates to a potential upside of 10.38 percent. The minimum price target given was 17, implying a possible loss of -6.18 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -1.67 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.78 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CTRE's earnings is estimated by analysts to be 115.22 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CTRE is 0.29.

In the trailing 52-weeks, CTRE hit 19.86 at the highest peak, while it's lowest trading point was 12.70. Currently the stock is 42.68 percent higher than its low, and below the high by 8.76 percent. CTRE has a P/E ratio of 32.95. Investors typically compare the P/E ratio to a company's peers in the industry. The CTRE value stock report compares CTRE to some of its peers using value stock charts. The stock has a market capitalization of $1.33 billion. CTRE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.