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.
NGHC was given price targets by several analysts. The maximum price target given was 29, implying a possible profit of 36.41 percent. The most pessimistic price target was 25, which equates to a potential downside of 17.59 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.66 percent. That number becomes -19.61 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.29 percent, as compared to a month ago. 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. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of NGHC to grow at a rate of 44.51 percent. Another measure frequently examined by investors is the 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of NGHC is 0.4.
NGHC has a 52-week high of 26.99 and a 52-week low of 18.04. The current market price is above the trailing year's low by 17.85 percent, and 21.23 percent lower than its 52-week 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.