Analyst Ratings for DDR Corp. (DDR)Updated: 2017-07-26
DDR Corp. (NYSE:DDR) was awarded an average rating of Hold from investment analysts following the stock. DDR had previously received a consensus rating of Hold a month ago.
Of the 23 analysts covering the stock, 3 gave it a buy rating, 1 gave an overweight rating, 18 issued a hold rating, 1 issued an underweight rating, and 0 gave 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 decreased by 1.
Investment analysts gave a few price targets for DDR. The most optimistic analyst gave a price target of 16, which equates to a potential upside of 54.74 percent. The lowest price target was 8.8, which equates to a potential downside of -14.89 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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 -1.72 percent. Meanwhile, fiscal year estimates have been revised downwards by -8.33 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -225 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
DDR has traded between a high of 19.92 and a low of 8.11 over the past year. The current market price is above the trailing year's low by 27.5 percent, and below the high by 48.09 percent. DDR has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The DDR value stock report compares DDR to some of its peers using value stock charts. The market cap of DDR is $3.65 billion. DDR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.