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, which equates to a potential upside of 75.12 percent. The most pessimistic analyst gave a price target of 12, which equates to a potential downside of 10.6 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -6.36 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -27.23 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, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of MHLD to grow at a rate of 670.04 percent. It's possible to gain additional insight about growth valuation of a company by looking at the 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.
In the trailing 52-weeks, MHLD hit 18.95 at the highest peak, while it's lowest trading point was 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 stock has a market capitalization of $0.94343 billion. MHLD is estimated to release their earnings results for the quarter on 0000-00-00, days from today.