Analyst Ratings for WellCare Health Plans Inc. (WCG)

Updated: 2017-07-28

Shares of WellCare Health Plans Inc. (NYSE:WCG) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Hold was previously issued for WCG last month.

Of the 13 analysts covering the stock, 3 gave it a buy rating, 0 issued an overweight rating, 9 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

WCG was given price targets by several analysts. The most optimistic price target was 225, which equates to a potential upside of 25.01 percent. The lowest price target was 144, implying a possible loss of -19.99 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.45 percent. That number becomes 2.29 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.07 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.72 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of WCG to grow at a rate of 13.8 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WCG is 2.15.

WCG has traded between a high of 184.88 and a low of 105.16 over the past year. The current market price is above the trailing year's low by 71.15 percent, and 2.65 percent below the high. WCG has a P/E ratio of 29.61. Investors typically compare the P/E ratio to a company's peers in the industry. The WCG value stock report compares WCG to some of its peers using value stock charts. The market cap of WCG is $7.97 billion. WCG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.