Analyst Ratings for E*TRADE Financial Corp. (ETFC)

Updated: 2017-07-27

An average rating of Overweight has been given to E*TRADE Financial Corp. (NASDAQ:ETFC) by analysts covering the stock. A consensus rating of Overweight was previously issued for ETFC last month.

A buy rating was issued by 8 analysts, 2 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for ETFC. The most optimistic price target was 49, which equates to a potential upside of 19.19 percent. The minimum price target given was 41, implying potential capital losses of -0.27 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 6.45 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 8.79 percent. Meanwhile, fiscal year estimates have been revised upwards by 13.01 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 14.17 percent.

People are often interested in whether analysts were united in the direction of their revisions. 7 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 8 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of ETFC to grow at a rate of 1.86 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ETFC is 10.31.

ETFC has traded between a high of 42.19 and a low of 24.35 over the past year. Currently the stock is 68.83 percent higher than its low, and 2.56 percent below the high. ETFC has a P/E ratio of 19.17. Investors typically compare the P/E ratio to a company's peers in the industry. The ETFC value stock report compares ETFC to some of its peers using value stock charts. The stock has a market capitalization of $11.31 billion. ETFC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.