Analyst Ratings for Wells Fargo & Co. (WFC)Updated: 2017-07-27
Shares of Wells Fargo & Co. (NYSE:WFC) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, WFC was issued an average rating of Overweight.
31 analysts issued ratings on the stock, where 12 gave WFC a buy rating, 1 gave an overweight rating, 13 issued a hold rating, 1 issued an underweight rating, and 4 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for WFC. The highest price target was 67, implying a possible profit of 22.46 percent. The lowest price target was 35, which equates to a potential downside of -36.03 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.48 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.33 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.36 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.71 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 4 analysts increased their quarterly estimates, which can be compared to the 7 analysts that decreased their estimates. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 7 analysts that revised their FY estimates downwards.
WFC has an estimated earnings growth rate of 2.2 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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. WFC has a PEG ratio of 6.13.
In the trailing 52-weeks, WFC hit 59.99 at the highest peak, while it's lowest trading point was 43.55. Today's price is 25.63 percent above the 52-week low, and 8.8 percent lower than its 52-week high. WFC has a price/earnings ratio of 13.48. Investors typically compare the P/E ratio to a company's peers in the industry. The WFC value stock report compares WFC to some of its peers using value stock charts. The stock has a market capitalization of $272.74 billion. WFC's next earnings release will be on 0000-00-00, which is days away.