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 minimum price target given was 144, implying potential capital losses 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.45 percent on average, compared to last month. That number becomes 2.29 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.07 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.72 percent.
People are often interested in whether analysts were united in the direction of their 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
WCG has an estimated earnings growth rate of 13.8 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. WCG has a PEG ratio of 2.15.
In the trailing 52-weeks, WCG hit 184.88 at the highest peak, while it's lowest trading point was 105.16. Currently the stock is 71.15 percent higher than its low, and below the high by 2.65 percent. 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 stock has a market capitalization of $7.97 billion. WCG will post this quarters earnings in days, on 0000-00-00.