Analyst Ratings for Washington Prime Group Inc. (WPG)Updated: 2017-07-27
Shares of Washington Prime Group Inc. (NYSE:WPG) have received a consensus rating of Hold from Wall Street analysts. About 30 days ago, WPG was issued an average rating of Hold.
3 analysts issued ratings on the stock, where 0 gave WPG a buy rating, 0 issued an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for WPG by the analysts covering the stock. The most optimistic analyst gave a price target of 9, implying potential capital gains of -1.21 percent. The most pessimistic price target was 7.6, implying a possible loss of -16.58 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -1.22 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 0.61 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, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of WPG's earnings is estimated by analysts to be 455.21 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of WPG is 0.07.
In the last 52-weeks, WPG has achieved a high of 14.15 and a low of 7.31. Currently the stock is 24.62 percent higher than its low, and 35.62 percent lower than its 52-week high. WPG has a P/E ratio of 30.37. Investors typically compare the P/E ratio to a company's peers in the industry. The WPG value stock report compares WPG to some of its peers using value stock charts. The stock has a market capitalization of $1.69 billion. WPG will post this quarters earnings in days, on 0000-00-00.