Analyst Ratings for Third Point Reinsurance Ltd. (TPRE)

Updated: 2017-07-27

An average rating of Overweight has been given to Third Point Reinsurance Ltd. (NYSE:TPRE) by analysts covering the stock. Last month, TPRE received an average rating of Overweight.

Of the 6 analysts covering the stock, 4 gave it a buy rating, 0 gave an overweight rating, 2 issued a hold rating, 0 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 increased by 0.

Investment analysts gave a few price targets for TPRE. The most optimistic analyst gave a price target of 16, implying potential capital gains of 9.97 percent. The most pessimistic analyst gave a price target of 15, implying potential capital losses of 3.09 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 34.32 percent. The average change in earnings estimates over the last 90 days is 88 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 8.75 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 12.55 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 4 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of TPRE's earnings is estimated by analysts to be 51.34 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 TPRE is 0.16.

TPRE has a 52-week high of 14.70 and a 52-week low of 11.05. Currently the stock is 31.67 percent higher than its low, and 1.02 percent below the high. TPRE has a P/E ratio of 8.46. Investors typically compare the P/E ratio to a company's peers in the industry. The TPRE value stock report compares TPRE to some of its peers using value stock charts. The stock has a market capitalization of $1.55 billion. TPRE's next earnings release will be on 0000-00-00, which is days away.