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.

PDM was given price targets by several analysts. The highest price target was 23, implying a possible profit of 10.68 percent. The lowest price target was 21, which equates to a potential downside of 1.06 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 14.29 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. If we look at the last 90 days instead, we find a net average change of 24.65 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' 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, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PDM to grow at a rate of 1796.96 percent. Another measure frequently examined by investors is the PEG ratio. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PDM is 0.12.

PDM has a 52-week high of 23.08 and a 52-week low of 18.61. The current market price is above the trailing year's low by 11.66 percent, and below the high by 9.97 percent. 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 market cap of PDM is $3.02 billion. PDM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.