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.
A number of analysts gave price targets for TCB. The most optimistic analyst gave a price target of 20, implying a possible profit of 20.63 percent. The minimum price target given was 15, which equates to a potential downside of -9.53 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 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 -5.42 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.24 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.14 percent.
People are often interested in whether analysts were united in the direction of their 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, 4 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.
The growth rate of TCB's earnings is estimated by analysts to be 7.12 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. TCB has a PEG ratio of 2.03.
TCB has traded between a high of 20.03 and a low of 11.72 over the past year. 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's next earnings release will be on 0000-00-00, which is days away.