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 highest price target was 20, implying potential capital gains of 20.63 percent. The lowest price target was 15, which equates to a potential downside of -9.53 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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 have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.
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 that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of TCB is 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 below the 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's next earnings release will be on 0000-00-00, which is days away.