Analyst Ratings for Hanover Insurance Group Inc. (THG)Updated: 2017-07-26
An average rating of Overweight has been given to Hanover Insurance Group Inc. (NYSE:THG) by analysts covering the stock. THG had previously received a consensus rating of Overweight a month ago.
2 analysts declared THG a buy, 0 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Many analysts weighed in on price targets for THG. The highest price target was 104, which equates to a potential upside of 9.83 percent. The minimum price target given was 81, implying a possible loss of -14.46 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.62 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 -3.73 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.25 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
THG has an estimated earnings growth rate of 132.82 percent as forecasted by analysts. People on Wall Street often look at a company's 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of THG is 0.25.
THG has a 52-week high of 95.58 and a 52-week low of 74.06. Today's price is 27.86 percent above the 52-week low, and 0.93 percent below the high. THG has a P/E ratio of 33.34. Investors typically compare the P/E ratio to a company's peers in the industry. The THG value stock report compares THG to some of its peers using value stock charts. The stock has a market capitalization of $4.06 billion. THG will post this quarters earnings in days, on 0000-00-00.