Analyst Ratings for Physicians Realty Trust (DOC)Updated: 2017-07-26
Shares of Physicians Realty Trust (NYSE:DOC) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for DOC last month.
15 analysts issued ratings on the stock, where 8 gave DOC a buy rating, 2 issued an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for DOC by the analysts covering the stock. The most optimistic analyst gave a price target of 23, implying a possible profit of 24.32 percent. The most pessimistic analyst gave a price target of 17, which equates to a potential downside of -8.11 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 downwards for this quarter, by about -27.68 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -31.15 percent. Meanwhile, fiscal year estimates have been revised downwards by -17.24 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -22.55 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 7 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 8 analysts that revised their FY estimates downwards.
The growth rate of DOC's earnings is estimated by analysts to be 375.62 percent. 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. 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. DOC has a PEG ratio of 0.22.
DOC has traded between a high of 22.03 and a low of 17.12 over the past year. The current market price is above the trailing year's low by 8.06 percent, and 16.02 percent lower than its 52-week high. DOC has a price/earnings ratio of 84.09. Investors typically compare the P/E ratio to a company's peers in the industry. The DOC value stock report compares DOC to some of its peers using value stock charts. The stock has a market capitalization of $3.3 billion. DOC's next earnings release will be on 0000-00-00, which is days away.