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.

ETFC was given price targets by several analysts. The most optimistic price target was 49, implying a possible profit of 19.19 percent. The minimum price target given was 41, implying a possible loss of -0.27 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 6.45 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 8.79 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 13.01 percent. If we look at the last 90 days instead, we find a net average change of 14.17 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, 7 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 8 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of ETFC's earnings is estimated by analysts to be 1.86 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies 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 price/earnings 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 market cap of ETFC is $11.31 billion. ETFC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.