Analyst Ratings for TCF Financial Corporation (TCB)Updated: 2017-04-10
TCF Financial Corporation (NYSE:TCB) was awarded an average rating of Hold from investment analysts following the stock. TCB had previously received a consensus rating of Hold a month ago.
17 analysts issued ratings on the stock, where 3 gave TCB a buy rating, 0 issued an overweight rating, 13 gave a hold rating, 1 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 decreased by 1.
Investment analysts gave a few price targets for TCB. The most optimistic analyst gave a price target of 20, which equates to a potential upside of 20.63 percent. The most pessimistic price target was 15, implying a possible loss of -9.53 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.42 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.24 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.14 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
The growth rate of TCB's earnings is estimated by analysts to be 7.12 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, though it could be better to see where the ratio stands relative to peers in the industry. TCB has a PEG ratio of 2.03.
In the trailing 52-weeks, TCB hit 20.03 at the highest peak, while it's lowest trading point was 11.72. Today's price is 41.47 percent above the 52-week low, and 17.22 percent lower than its 52-week high. TCB has a price/earnings ratio of 14.44. Investors typically compare the P/E ratio to a company's peers in the industry. The TCB value stock report compares TCB to some of its peers using value stock charts. The stock has a market capitalization of $2.81 billion. TCB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.