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.
A number of analysts gave 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 most pessimistic price target was 8.8, implying potential capital losses of -14.89 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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 -1.72 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -8.33 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -225 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their 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 48.09 percent lower than its 52-week high. DDR has a P/E 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 will post this quarters earnings in days, on 0000-00-00.