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, which equates to a potential upside of 36.41 percent. The lowest price target was 25, which equates to a potential downside of 17.59 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.66 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -19.61 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.29 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.34 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, 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. Smaller PEG ratios are desirable, 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 NGHC is 0.4.
NGHC has traded between a high of 26.99 and a low of 18.04 over the past year. 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 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 market cap of NGHC is $2.3 billion. NGHC will post this quarters earnings in days, on 0000-00-00.