Analyst Ratings for Maiden Holdings Ltd. (MHLD)Updated: 2017-07-28
Shares of Maiden Holdings Ltd. (NASDAQ:MHLD) have received a consensus rating of Buy from Wall Street analysts. A consensus rating of Buy was previously issued for MHLD last month.
A buy rating was issued by 3 analysts, 0 issued an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase 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.
Several price targets were given for MHLD by the analysts covering the stock. The most optimistic analyst gave a price target of 19, implying a possible profit of 75.12 percent. The lowest price target was 12, which equates to a potential downside of 10.6 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -9.45 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -28.27 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -6.36 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -27.23 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
MHLD has an estimated earnings growth rate of 670.04 percent as forecasted by analysts. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of MHLD is 0.11.
MHLD has a 52-week high of 18.95 and a 52-week low of 10.25. The current market price is above the trailing year's low by 5.85 percent, and 42.74 percent below the high. MHLD has a P/E ratio of 73. Investors typically compare the P/E ratio to a company's peers in the industry. The MHLD value stock report compares MHLD to some of its peers using value stock charts. The market cap of MHLD is $0.94343 billion. MHLD is estimated to release their earnings results for the quarter on 0000-00-00, days from today.