Analyst Ratings for Vectren Corp. (VVC)Updated: 2017-07-26
Analysts covering Vectren Corp. (NYSE:VVC) have given it a consensus rating of Hold. VVC had previously received a consensus rating of Hold a month ago.
Of the 8 analysts covering the stock, 2 gave it a buy rating, 0 gave an overweight rating, 4 gave a hold rating, 2 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for VVC by the analysts covering the stock. The most optimistic analyst gave a price target of 66, which equates to a potential upside of 10.44 percent. The most pessimistic analyst gave a price target of 54, which equates to a potential downside of -9.64 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 downwards by an average of -2.25 percent. That number becomes 0.08 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.38 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of VVC to grow at a rate of -0.57 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of VVC is -39.72.
VVC has a 52-week high of 62.79 and a 52-week low of 46.52. The current market price is above the trailing year's low by 28.46 percent, and 4.83 percent lower than its 52-week high. VVC has a price/earnings ratio of 22.64. Investors typically compare the P/E ratio to a company's peers in the industry. The VVC value stock report compares VVC to some of its peers using value stock charts. The stock has a market capitalization of $4.95 billion. VVC's next earnings release will be on 0000-00-00, which is days away.