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 highest price target was 88, which equates to a potential upside of 31.84 percent. The most pessimistic analyst gave a price target of 82, implying potential capital losses of 22.85 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 1.72 percent. That number becomes -1.16 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.36 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.25 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

Analysts estimate earnings of WAGE to grow at a rate of 85.28 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. WAGE has a PEG ratio of 1.15.

In the trailing 52-weeks, WAGE hit 80.50 at the highest peak, while it's lowest trading point was 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 market cap of WAGE is $2.64 billion. WAGE will post this quarters earnings in days, on 0000-00-00.