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.
Several price targets were given for WGL by the analysts covering the stock. The most optimistic analyst gave a price target of 88.25, implying potential capital gains of 3.56 percent. The minimum price target given was 71, implying a possible loss of -16.69 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -2 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -30.42 percent. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
The growth rate of WGL's earnings is estimated by analysts to be -4.63 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of WGL is -5.43.
WGL has traded between a high of 85.95 and a low of 58.66 over the past year. The current market price is above the trailing year's low by 45.28 percent, and below the high by 0.85 percent. 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 stock has a market capitalization of $4.37 billion. WGL will post this quarters earnings in days, on 0000-00-00.