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.

Investment analysts gave a few price targets for WCG. The most optimistic price target was 225, which equates to a potential upside of 25.01 percent. The most pessimistic price target was 144, implying a possible loss of -19.99 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.45 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.29 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.07 percent. If we look at the last 90 days instead, we find a net average change of 8.72 percent in FY estimates.

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. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

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. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. WCG has a PEG ratio of 2.15.

In the last 52-weeks, WCG has achieved a high of 184.88 and a low of 105.16. Currently the stock is 71.15 percent higher than its low, and 2.65 percent lower than its 52-week high. 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 stock has a market capitalization of $7.97 billion. WCG will post this quarters earnings in days, on 0000-00-00.