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.

Several price targets were given for TPRE by the analysts covering the stock. The most optimistic price target was 16, which equates to a potential upside of 9.97 percent. The most pessimistic price target was 15, which equates to a potential downside of 3.09 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 34.32 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 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 12.55 percent.

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 revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

TPRE has an estimated earnings growth rate of 51.34 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TPRE is 0.16.

In the last 52-weeks, TPRE has achieved a high of 14.70 and a low of 11.05. Currently the stock is 31.67 percent higher than its low, and 1.02 percent lower than its 52-week high. TPRE has a price/earnings 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 market cap of TPRE is $1.55 billion. TPRE's next earnings release will be on 0000-00-00, which is days away.