Analyst Ratings for Piedmont Office Realty Trust Inc. Cl A (PDM)

Updated: 2017-07-26

Piedmont Office Realty Trust Inc. Cl A (NYSE:PDM) was awarded an average rating of Hold from investment analysts following the stock. PDM had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 0 analysts, 0 issued an overweight rating, 5 gave a hold rating, 0 issued 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. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for PDM by the analysts covering the stock. The highest price target was 23, which equates to a potential upside of 10.68 percent. The most pessimistic analyst gave a price target of 21, implying a possible loss of 1.06 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 14.29 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 24.65 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of PDM to grow at a rate of 1796.96 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PDM is 0.12.

PDM has traded between a high of 23.08 and a low of 18.61 over the past year. Today's price is 11.66 percent above the 52-week low, and 9.97 percent below the high. PDM has a P/E ratio of 224.41. Investors typically compare the P/E ratio to a company's peers in the industry. The PDM value stock report compares PDM to some of its peers using value stock charts. The stock has a market capitalization of $3.02 billion. PDM's next earnings release will be on 0000-00-00, which is days away.