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 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 a possible loss of -6.18 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -1.67 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.78 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of CTRE's earnings is estimated by analysts to be 115.22 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CTRE is 0.29.

CTRE has traded between a high of 19.86 and a low of 12.70 over the past year. 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.