Analyst Ratings for Terreno Realty Corp. (TRNO)

Updated: 2017-07-27

Analysts covering Terreno Realty Corp. (NYSE:TRNO) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for TRNO last month.

A buy rating was issued by 6 analysts, 0 gave an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for TRNO. The maximum price target given was 40, implying a possible profit of 15.57 percent. The lowest price target was 29, implying a possible loss of -16.21 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -8.82 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 27.78 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -4.69 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 8.99 percent in FY estimates.

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, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 3 analysts that revised their FY estimates downwards.

TRNO has an estimated earnings growth rate of 449 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. TRNO has a PEG ratio of 0.37.

In the trailing 52-weeks, TRNO hit 34.86 at the highest peak, while it's lowest trading point was 24.81. Today's price is 39.5 percent above the 52-week low, and 0.72 percent lower than its 52-week high. TRNO has a P/E ratio of 164.81. Investors typically compare the P/E ratio to a company's peers in the industry. The TRNO value stock report compares TRNO to some of its peers using value stock charts. The market cap of TRNO is $1.73 billion. TRNO will post this quarters earnings in days, on 0000-00-00.