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 price target was 82, implying a possible loss 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.72 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.16 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.36 percent, as compared to a month ago. 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, compared to 2 analysts that revised their FY estimates downwards.

WAGE has an estimated earnings growth rate of 85.28 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 trailing 52-weeks, WAGE hit 80.50 at the highest peak, while it's lowest trading point was 55.65. Currently the stock is 19.95 percent higher than its low, 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.