Analyst Ratings for WageWorks Inc. (WAGE)

Updated: 2017-07-27

Analysts covering WageWorks Inc. (NYSE:WAGE) have given it a consensus rating of Buy. WAGE had previously received a consensus rating of Buy a month ago.

7 analysts issued ratings on the stock, where 6 gave WAGE a buy rating, 0 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 issued 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. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

WAGE was given price targets by several analysts. The most optimistic analyst gave a price target of 88, implying potential capital gains of 31.84 percent. The lowest price target was 82, implying a possible loss of 22.85 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.72 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.16 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.36 percent. If we look at the last 90 days instead, we find a net average change of 0.25 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of WAGE to grow at a rate of 85.28 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. WAGE has a PEG ratio of 1.15.

In the last 52-weeks, WAGE has achieved a high of 80.50 and a low of 55.65. Today's price is 19.95 percent above the 52-week low, and 17.08 percent below the high. WAGE has a P/E ratio of 98.16. Investors typically compare the P/E ratio to a company's peers in the industry. The WAGE value stock report compares WAGE to some of its peers using value stock charts. The market cap of WAGE is $2.64 billion. WAGE will post this quarters earnings in days, on 0000-00-00.