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.

Several price targets were given for CTRE by the analysts covering the stock. The most optimistic analyst gave a price target of 20, implying a possible profit of 10.38 percent. The most pessimistic analyst gave a price target of 17, implying potential capital losses 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.67 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.78 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of CTRE to grow at a rate of 115.22 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. CTRE has a PEG ratio of 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 8.76 percent below the high. CTRE has a price/earnings 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 market cap of CTRE is $1.33 billion. CTRE will post this quarters earnings in days, on 0000-00-00.