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.
A number of analysts gave price targets for WPC. The highest price target was 70, implying potential capital gains of 3.06 percent. The lowest price target was 57, which equates to a potential downside of -16.08 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.43 percent. 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. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of WPC to grow at a rate of 152.41 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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. WPC has a PEG ratio of 0.24.
In the trailing 52-weeks, WPC hit 72.89 at the highest peak, while it's lowest trading point was 55.77. Today's price is 21.79 percent above the 52-week 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 market cap of WPC is $7.21 billion. WPC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.