Analyst Ratings for W. P. Carey Inc. (WPC)Updated: 2017-07-26
Shares of W. P. Carey Inc. (NYSE:WPC) have received a consensus rating of Hold from Wall Street analysts. About 30 days ago, WPC was issued an average rating of Underweight.
1 analysts declared WPC a buy, 0 issued an overweight rating, 3 gave a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.
Several price targets were given for WPC by the analysts covering the stock. The highest price target was 70, which equates to a potential upside of 3.06 percent. The most pessimistic price target was 57, implying a possible loss of -16.08 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 -0.43 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -0.85 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.11 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
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 2 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.
Analysts estimate earnings of WPC to grow at a rate of 152.41 percent. 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. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of WPC is 0.24.
In the trailing 52-weeks, WPC hit 72.89 at the highest peak, while it's lowest trading point was 55.77. Currently the stock is 21.79 percent higher than its low, and 6.82 percent lower than its 52-week high. WPC has a P/E ratio of 37.18. Investors typically compare the P/E ratio to a company's peers in the industry. The WPC value stock report compares WPC to some of its peers using value stock charts. The stock has a market capitalization of $7.21 billion. WPC's next earnings release will be on 0000-00-00, which is days away.