Analyst Ratings for Four Corners Property Trust Inc. (FCPT)

Updated: 2017-07-27

Four Corners Property Trust Inc. (NYSE:FCPT) was awarded an average rating of Hold from investment analysts following the stock. FCPT had previously received a consensus rating of Overweight a month ago.

1 analysts declared FCPT a buy, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for FCPT by the analysts covering the stock. The highest price target was 26, implying potential capital gains of 3.13 percent. The lowest price target was 24, which equates to a potential downside of -4.8 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 2 percent on average, compared to last month. That number becomes 1.47 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 1.01 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.33 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

FCPT has an estimated earnings growth rate of 4.58 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. FCPT has a PEG ratio of 4.23.

FCPT has a 52-week high of 25.94 and a 52-week low of 16.71. The current market price is above the trailing year's low by 50.87 percent, and below the high by 2.81 percent. FCPT has a P/E ratio of 19.39. Investors typically compare the P/E ratio to a company's peers in the industry. The FCPT value stock report compares FCPT to some of its peers using value stock charts. The market cap of FCPT is $1.54 billion. FCPT's next earnings release will be on 0000-00-00, which is days away.