Analyst Ratings for Retail Opportunity Investment Corp. (ROIC)

Updated: 2017-07-26

Shares of Retail Opportunity Investment Corp. (NASDAQ:ROIC) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for ROIC last month.

A buy rating was issued by 5 analysts, 2 gave an overweight rating, 6 gave a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for ROIC. The most optimistic price target was 26, implying a possible profit of 26.27 percent. The most pessimistic price target was 19, implying potential capital losses of -7.72 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.56 percent. The average change in earnings estimates over the last 90 days is -5.56 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.39 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.26 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

ROIC has an estimated earnings growth rate of 249.92 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ROIC has a PEG ratio of 0.25.

ROIC has traded between a high of 23.05 and a low of 18.45 over the past year. Currently the stock is 11.6 percent higher than its low, and below the high by 10.67 percent. ROIC has a P/E ratio of 62.39. Investors typically compare the P/E ratio to a company's peers in the industry. The ROIC value stock report compares ROIC to some of its peers using value stock charts. The market cap of ROIC is $2.24 billion. ROIC's next earnings release will be on 0000-00-00, which is days away.