Analyst Ratings for HCP Inc. (HCP)Updated: 2017-07-29
An average rating of Hold has been given to HCP Inc. (NYSE:HCP) by analysts covering the stock. A consensus rating of Hold was previously issued for HCP last month.
Of the 22 analysts covering the stock, 1 gave it a buy rating, 2 gave an overweight rating, 18 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for HCP. The most optimistic analyst gave a price target of 35, implying a possible profit of 9.96 percent. The lowest price target was 30, implying a possible loss of -5.75 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.94 percent. The average change in earnings estimates over the last 90 days is -23.33 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.26 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 26.57 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 2 analysts revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of HCP to grow at a rate of -5.71 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. HCP has a PEG ratio of -2.72.
HCP has traded between a high of 36.81 and a low of 27.61 over the past year. Currently the stock is 15.28 percent higher than its low, and 13.53 percent lower than its 52-week high. HCP has a P/E ratio of 15.53. Investors typically compare the P/E ratio to a company's peers in the industry. The HCP value stock report compares HCP to some of its peers using value stock charts. The market cap of HCP is $14.95 billion. HCP's next earnings release will be on 0000-00-00, which is days away.