Analyst Ratings for WGL Holdings Inc. (WGL)Updated: 2017-07-26
WGL Holdings Inc. (NYSE:WGL) was awarded an average rating of Hold from investment analysts following the stock. WGL had previously received a consensus rating of Hold a month ago.
Of the 8 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for WGL. The most optimistic analyst gave a price target of 88.25, which equates to a potential upside of 3.56 percent. The most pessimistic analyst gave a price target of 71, implying potential capital losses of -16.69 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 -2 percent on average, compared to last month. That number becomes -30.42 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 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -7.97 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, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
The growth rate of WGL's earnings is estimated by analysts to be -4.63 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. WGL has a PEG ratio of -5.43.
WGL has a 52-week high of 85.95 and a 52-week low of 58.66. Today's price is 45.28 percent above the 52-week low, and 0.85 percent lower than its 52-week high. WGL has a price/earnings ratio of 25.14. Investors typically compare the P/E ratio to a company's peers in the industry. The WGL value stock report compares WGL to some of its peers using value stock charts. The market cap of WGL is $4.37 billion. WGL will post this quarters earnings in days, on 0000-00-00.