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, implying potential capital gains of 20.63 percent. The most pessimistic analyst gave a price target of 15, implying potential capital losses 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -5.42 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.24 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -3.14 percent in FY estimates.
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 made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
Analysts estimate earnings of TCB to grow at a rate of 7.12 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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, 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. Currently the stock is 41.47 percent higher than its low, and 17.22 percent lower than its 52-week high. TCB has a P/E 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.