Analyst Ratings for ITC Holdings Corp. (ITC)Updated: 2016-10-11
A number of analysts gave price targets for ITC. The most optimistic price target was 48, implying a possible profit of 5.31 percent. The most pessimistic analyst gave a price target of 42, implying a possible loss of -7.85 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 2.88 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.71 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 0 analysts that revised their FY estimates downwards.
The growth rate of ITC's earnings is estimated by analysts to be 41.4 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. ITC has a PEG ratio of 0.72.
In the last 52-weeks, ITC has achieved a high of 47.46 and a low of 30.33. Currently the stock is 50.28 percent higher than its low, and 3.96 percent lower than its 52-week high. ITC has a P/E ratio of 29.61. Investors typically compare the P/E ratio to a company's peers in the industry. The ITC value stock report compares ITC to some of its peers using value stock charts. The market cap of ITC is $7 billion. ITC's next earnings release will be on 2016-11-03, which is -1051 days away.