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.

A number of analysts gave price targets for PDM. The most optimistic price target was 23, implying potential capital gains of 10.68 percent. The most pessimistic analyst gave a price target of 21, which equates to a potential downside of 1.06 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 14.29 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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. 2 analysts made positive revisions to their quarterly estimates over the past month, 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.

PDM has an estimated earnings growth rate of 1796.96 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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.

In the trailing 52-weeks, PDM hit 23.08 at the highest peak, while it's lowest trading point was 18.61. Today's price is 11.66 percent above the 52-week low, and 9.97 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.