Analyst Ratings for National General Holdings Corp. (NGHC)Updated: 2017-07-26
Analysts covering National General Holdings Corp. (NASDAQ:NGHC) have given it a consensus rating of Buy. Last month, NGHC received an average rating of Buy.
4 analysts declared NGHC a buy, 0 issued an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for NGHC. The most optimistic analyst gave a price target of 29, implying potential capital gains of 36.41 percent. The most pessimistic price target was 25, implying a possible loss of 17.59 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.66 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -19.61 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.29 percent. If we look at the last 90 days instead, we find a net average change of -10.34 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of NGHC to grow at a rate of 44.51 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. NGHC has a PEG ratio of 0.4.
In the last 52-weeks, NGHC has achieved a high of 26.99 and a low of 18.04. Today's price is 17.85 percent above the 52-week low, and 21.23 percent below the high. NGHC has a price/earnings ratio of 18.02. Investors typically compare the P/E ratio to a company's peers in the industry. The NGHC value stock report compares NGHC to some of its peers using value stock charts. The stock has a market capitalization of $2.3 billion. NGHC will post this quarters earnings in days, on 0000-00-00.