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.
FCPT was given price targets by several analysts. The most optimistic analyst gave a price target of 26, which equates to a potential upside of 3.13 percent. The lowest price target was 24, implying a possible loss 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.47 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.01 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.33 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, 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.
Analysts estimate earnings of FCPT to grow at a rate of 4.58 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, 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.
In the last 52-weeks, FCPT has achieved a high of 25.94 and a low of 16.71. Currently the stock is 50.87 percent higher than its low, and 2.81 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.