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.
DDR was given price targets by several analysts. The highest price target was 16, implying potential capital gains of 54.74 percent. The most pessimistic analyst gave a price target of 8.8, which equates to a potential downside of -14.89 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -1.72 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -8.33 percent. If we look at the last 90 days instead, we find a net average change of -225 percent in FY estimates.
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 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 a 52-week high of 19.92 and a 52-week low of 8.11. Today's price is 27.5 percent above the 52-week low, 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.