Analyst Ratings for Mercury General Corp. (MCY)Updated: 2017-07-26
An average rating of Hold has been given to Mercury General Corp. (NYSE:MCY) by analysts covering the stock. A consensus rating of Hold was previously issued for MCY last month.
Of the 3 analysts covering the stock, 0 gave it a buy rating, 0 issued an overweight rating, 2 issued a hold rating, 1 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for MCY. The highest price target was 49, implying potential capital gains of -10.68 percent. The minimum price target given was 49, implying a possible loss of -10.68 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -8.18 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 -3.97 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -2.34 percent. If we look at the last 90 days instead, we find a net average change of -24.48 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
MCY has an estimated earnings growth rate of 31.35 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MCY is 1.26.
In the last 52-weeks, MCY has achieved a high of 64.52 and a low of 50.32. Today's price is 9.02 percent above the 52-week low, and 14.97 percent lower than its 52-week high. MCY has a price/earnings ratio of 39.47. Investors typically compare the P/E ratio to a company's peers in the industry. The MCY value stock report compares MCY to some of its peers using value stock charts. The market cap of MCY is $3.12 billion. MCY will post this quarters earnings in days, on 0000-00-00.