Analyst Ratings for Care Capital Properties Inc. (CCP)

Updated: 2017-07-27

An average rating of Hold has been given to Care Capital Properties Inc. (NYSE:CCP) by analysts covering the stock. CCP had previously received a consensus rating of Hold a month ago.

Of the 5 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

Several price targets were given for CCP by the analysts covering the stock. The most optimistic price target was 32, implying potential capital gains of 25.69 percent. The most pessimistic analyst gave a price target of 20, which equates to a potential downside of -21.45 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 upwards for this quarter, by about 0 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 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 7.14 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 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of CCP to grow at a rate of 99.43 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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. The PEG ratio of CCP is 0.18.

CCP has a 52-week high of 31.56 and a 52-week low of 22.70. Today's price is 12.16 percent above the 52-week low, and below the high by 19.33 percent. CCP has a price/earnings ratio of 17.41. Investors typically compare the P/E ratio to a company's peers in the industry. The CCP value stock report compares CCP to some of its peers using value stock charts. The market cap of CCP is $2.15 billion. CCP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.