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 maximum price target given was 70, implying a possible profit of 3.06 percent. The lowest price target was 57, implying a possible loss of -16.08 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.43 percent on average, compared to last month. That number becomes -0.85 percent if we expand the time horizon to include the past 3 months instead of just one. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, though it could be better to see where the ratio stands relative to peers in the industry. WPC has a PEG ratio of 0.24.
WPC has a 52-week high of 72.89 and a 52-week low of 55.77. The current market price is above the trailing year's low by 21.79 percent, 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's next earnings release will be on 0000-00-00, which is days away.