Analyst Ratings for Taubman Centers Inc. (TCO)Updated: 2017-07-28
Shares of Taubman Centers Inc. (NYSE:TCO) have received a consensus rating of Hold from Wall Street analysts. Last month, TCO received an average rating of Hold.
3 analysts declared TCO a buy, 0 issued an overweight rating, 13 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for TCO. The highest price target was 79, which equates to a potential upside of 27.63 percent. The most pessimistic analyst gave a price target of 56, 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.27 percent. The average change in earnings estimates over the last 90 days is 14.46 percent. Meanwhile, fiscal year estimates have been revised downwards by -3.15 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 9.23 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of TCO to grow at a rate of 131.01 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. TCO has a PEG ratio of 0.29.
TCO has traded between a high of 81.68 and a low of 57.17 over the past year. Currently the stock is 8.27 percent higher than its low, and below the high by 24.22 percent. TCO has a P/E ratio of 37.77. Investors typically compare the P/E ratio to a company's peers in the industry. The TCO value stock report compares TCO to some of its peers using value stock charts. The stock has a market capitalization of $3.71 billion. TCO's next earnings release will be on 0000-00-00, which is days away.