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.
Many analysts weighed in on price targets for TCB. The highest price target was 20, which equates to a potential upside of 20.63 percent. The most pessimistic analyst gave a price target of 15, implying potential capital losses 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY 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, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TCB is 2.03.
In the trailing 52-weeks, TCB hit 20.03 at the highest peak, while it's lowest trading point was 11.72. Currently the stock is 41.47 percent higher than its 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 market cap of TCB is $2.81 billion. TCB will post this quarters earnings in days, on 0000-00-00.