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.

Many analysts weighed in on price targets for WAGE. The maximum price target given was 88, which equates to a potential upside of 31.84 percent. The lowest price target was 82, which equates to a potential downside of 22.85 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.25 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of WAGE to grow at a rate of 85.28 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers in the industry. 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. The current market price is above the trailing year's low by 19.95 percent, and 17.08 percent lower than its 52-week 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 stock has a market capitalization of $2.64 billion. WAGE's next earnings release will be on 0000-00-00, which is days away.