Analyst Ratings for Education Realty Trust Inc. (EDR)Updated: 2017-07-29
Education Realty Trust Inc. (NYSE:EDR) was awarded an average rating of Overweight from investment analysts following the stock. Last month, EDR received an average rating of Overweight.
Of the 12 analysts covering the stock, 4 gave it a buy rating, 1 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 1 gave 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.
Investment analysts gave a few price targets for EDR. The most optimistic price target was 51, which equates to a potential upside of 30.97 percent. The minimum price target given was 38, implying a possible loss of -2.41 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -11.16 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.26 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.86 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.
The growth rate of EDR's earnings is estimated by analysts to be 340.73 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of EDR is 0.26.
EDR has traded between a high of 48.87 and a low of 36.98 over the past year. The current market price is above the trailing year's low by 5.3 percent, and below the high by 20.32 percent. EDR has a P/E ratio of 88.94. Investors typically compare the P/E ratio to a company's peers in the industry. The EDR value stock report compares EDR to some of its peers using value stock charts. The stock has a market capitalization of $2.85 billion. EDR's next earnings release will be on 0000-00-00, which is days away.