Analyst Ratings for National Interstate Corporation (NATL)Updated: 2016-11-09
Investment analysts gave a few price targets for NATL. The most optimistic price target was , implying a possible profit of -100 percent. The minimum price target given was , which equates to a potential downside of -100 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 upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.83 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.83 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, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
NATL has an estimated earnings growth rate of 24.07 percent as forecasted by analysts. 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, as that can indicate whether the high price level of a stock is warranted by high growth. 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 NATL is 0.98.
In the trailing 52-weeks, NATL hit 34.49 at the highest peak, while it's lowest trading point was 21.15. The current market price is above the trailing year's low by 53.95 percent, and below the high by 5.6 percent. NATL has a P/E ratio of 23.56. Investors typically compare the P/E ratio to a company's peers in the industry. The NATL value stock report compares NATL to some of its peers using value stock charts. The stock has a market capitalization of $0.64963 billion. NATL's next earnings release will be on 0000-00-00, which is days away.