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.
Investment analysts gave a few price targets for NGHC. The highest price target was 29, implying a possible profit of 36.41 percent. The minimum price target given was 25, which equates to a potential downside 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.66 percent on average, compared to last month. That number becomes -19.61 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.29 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.34 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
NGHC has an estimated earnings growth rate of 44.51 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of NGHC is 0.4.
NGHC has traded between a high of 26.99 and a low of 18.04 over the past year. Currently the stock is 17.85 percent higher than its low, and 21.23 percent lower than its 52-week high. NGHC has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.