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 highest price target was 26, implying potential capital gains of 26.27 percent. The lowest price target was 19, implying a possible loss 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. If we look at the last 90 days instead, we find a net average change of -2.26 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ROIC to grow at a rate of 249.92 percent. 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. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

In the last 52-weeks, ROIC has achieved a high of 23.05 and a low of 18.45. 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 stock has a market capitalization of $2.24 billion. ROIC will post this quarters earnings in days, on 0000-00-00.