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.
TRNO was given price targets by several analysts. The highest price target was 40, implying a possible profit of 15.57 percent. The lowest price target was 29, implying a possible loss of -16.21 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -8.82 percent. The average change in earnings estimates over the last 90 days 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.99 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TRNO is 0.37.
TRNO has a 52-week high of 34.86 and a 52-week low of 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 stock has a market capitalization of $1.73 billion. TRNO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.