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 maximum price target given was 23, implying a possible profit of 24.32 percent. The most pessimistic analyst gave a price target of 17, implying potential capital losses of -8.11 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -27.68 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -31.15 percent. Meanwhile, fiscal year estimates have been revised downwards by -17.24 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -22.55 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 7 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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 below the 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 market cap of DOC is $3.3 billion. DOC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.