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 a possible profit of -1.21 percent. The lowest price target was 7.6, implying a possible loss of -16.58 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.22 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.61 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of WPG to grow at a rate of 455.21 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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. The PEG ratio of WPG is 0.07.

WPG has traded between a high of 14.15 and a low of 7.31 over the past year. Today's price is 24.62 percent above the 52-week low, and 35.62 percent below the 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 market cap of WPG is $1.69 billion. WPG's next earnings release will be on 0000-00-00, which is days away.