Analyst Ratings for Encore Capital Group Inc. (ECPG)Updated: 2017-07-28
Encore Capital Group Inc. (NASDAQ:ECPG) was awarded an average rating of Overweight from investment analysts following the stock. ECPG had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 5 analysts, 0 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for ECPG by the analysts covering the stock. The maximum price target given was 50, implying potential capital gains of 26.26 percent. The lowest price target was 30, which equates to a potential downside of -24.24 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 downwards by an average of -1.79 percent. The average change in earnings estimates over the last 90 days is -10.83 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.27 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.27 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
ECPG has an estimated earnings growth rate of 34.33 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ECPG has a PEG ratio of 0.42.
ECPG has a 52-week high of 41.38 and a 52-week low of 17.66. Currently the stock is 124.24 percent higher than its low, and below the high by 4.3 percent. ECPG has a P/E ratio of 14.32. Investors typically compare the P/E ratio to a company's peers in the industry. The ECPG value stock report compares ECPG to some of its peers using value stock charts. The stock has a market capitalization of $1.03 billion. ECPG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.