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.
WPG was given price targets by several analysts. The maximum price target given was 9, implying potential capital gains of -1.21 percent. The lowest price target was 7.6, which equates to a potential downside 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.
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. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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.
Analysts estimate earnings of WPG to grow at a rate of 455.21 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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. Today's price is 24.62 percent above the 52-week low, and below the high by 35.62 percent. 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 market cap of WPG is $1.69 billion. WPG will post this quarters earnings in days, on 0000-00-00.