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 lowest price target was 20, implying potential capital losses of -21.45 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.14 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

CCP has an estimated earnings growth rate of 99.43 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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.

In the trailing 52-weeks, CCP hit 31.56 at the highest peak, while it's lowest trading point was 22.70. Currently the stock is 12.16 percent higher than its low, and 19.33 percent lower than its 52-week high. 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 stock has a market capitalization of $2.15 billion. CCP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.