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 analyst gave a price target of 225, which equates to a potential upside of 25.01 percent. The most pessimistic analyst gave a price target of 144, which equates to a potential downside of -19.99 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 downwards for this quarter, by about -0.45 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 2.29 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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. 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 below the high by 2.65 percent. WCG has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.