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 price target was 88.25, implying potential capital gains of 3.56 percent. The most pessimistic price target was 71, implying potential capital losses of -16.69 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2 percent. 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. If we look at the last 90 days instead, we find a net average change of -7.97 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
WGL has an estimated earnings growth rate of -4.63 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. WGL has a PEG ratio of -5.43.
WGL has traded between a high of 85.95 and a low of 58.66 over the past year. Currently the stock is 45.28 percent higher than its low, and 0.85 percent below the 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 stock has a market capitalization of $4.37 billion. WGL's next earnings release will be on 0000-00-00, which is days away.