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 maximum price target given was 29, implying a possible profit of 36.41 percent. The most pessimistic analyst gave a price target of 25, implying a possible loss of 17.59 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.66 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -19.61 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.29 percent, compared to last month. 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, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of NGHC's earnings is estimated by analysts to be 44.51 percent. The PEG ratio of a stock is another value frequently studied by investors. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. NGHC has a PEG ratio of 0.4.
In the trailing 52-weeks, NGHC hit 26.99 at the highest peak, while it's lowest trading point was 18.04. Currently the stock is 17.85 percent higher than its low, 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 market cap of NGHC is $2.3 billion. NGHC will post this quarters earnings in days, on 0000-00-00.