Analyst Ratings for ProAssurance Corp. (PRA)

Updated: 2017-07-26

Analysts covering ProAssurance Corp. (NYSE:PRA) have given it a consensus rating of Overweight. About 30 days ago, PRA was issued an average rating of Overweight.

2 analysts declared PRA a buy, 0 issued an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for PRA by the analysts covering the stock. The most optimistic price target was 70, implying a possible profit of 15.32 percent. The most pessimistic price target was 61, implying potential capital losses of 0.49 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.91 percent. The average change in earnings estimates over the last 90 days is -3.57 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.87 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

The growth rate of PRA's earnings is estimated by analysts to be -28.77 percent. People on Wall Street often look at a company's 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. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PRA is -0.65.

In the trailing 52-weeks, PRA hit 63.53 at the highest peak, while it's lowest trading point was 50.50. The current market price is above the trailing year's low by 20.2 percent, and 4.45 percent below the high. PRA has a P/E ratio of 18.79. Investors typically compare the P/E ratio to a company's peers in the industry. The PRA value stock report compares PRA to some of its peers using value stock charts. The stock has a market capitalization of $3.29 billion. PRA's next earnings release will be on 0000-00-00, which is days away.