Analyst Ratings for Urban Edge Properties (UE)Updated: 2017-07-26
An average rating of Hold has been given to Urban Edge Properties (NYSE:UE) by analysts covering the stock. UE had previously received a consensus rating of Hold a month ago.
0 analysts declared UE a buy, 0 issued an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
UE was given price targets by several analysts. The highest price target was 28, which equates to a potential upside of 11.07 percent. The most pessimistic analyst gave a price target of 25, implying a possible loss of -0.83 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.38 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.88 percent. If we look at the last 90 days instead, we find a net average change of 18.89 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, 2 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, while 1 analysts made negative revisions to their fiscal year's estimates.
The growth rate of UE's earnings is estimated by analysts to be 11.62 percent. Another measure frequently examined by investors is 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. 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. UE has a PEG ratio of 1.78.
In the trailing 52-weeks, UE hit 30.10 at the highest peak, while it's lowest trading point was 23.13. The current market price is above the trailing year's low by 8.99 percent, and 16.25 percent lower than its 52-week high. UE has a P/E ratio of 20.66. Investors typically compare the P/E ratio to a company's peers in the industry. The UE value stock report compares UE to some of its peers using value stock charts. The market cap of UE is $2.72 billion. UE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.