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.
Investment analysts gave a few price targets for WPG. The maximum price target given was 9, implying a possible profit of -1.21 percent. The minimum price target given was 7.6, implying potential capital losses of -16.58 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -1.22 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.61 percent.
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, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. Smaller PEG ratios are desirable, 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of WPG is 0.07.
In the trailing 52-weeks, WPG hit 14.15 at the highest peak, while it's lowest trading point was 7.31. Today's price is 24.62 percent above the 52-week low, and 35.62 percent below the high. WPG has a price/earnings 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.