Analyst Ratings for Westar Energy Inc. (WR)Updated: 2017-07-26
An average rating of Overweight has been given to Westar Energy Inc. (NYSE:WR) by analysts covering the stock. Last month, WR received an average rating of Hold.
2 analysts declared WR a buy, 0 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for WR. The maximum price target given was 54, which equates to a potential upside of 7.14 percent. The lowest price target was 46.5, which equates to a potential downside of -7.74 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Another thing investors often look at is the level of agreement among analysts' 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, while 2 analysts decreased their estimates.
WR has an estimated earnings growth rate of 5.14 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the 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. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of WR is 4.1.
In the trailing 52-weeks, WR hit 57.50 at the highest peak, while it's lowest trading point was 49.21. The current market price is above the trailing year's low by 2.42 percent, and 12.35 percent lower than its 52-week high. WR has a P/E ratio of 21.07. Investors typically compare the P/E ratio to a company's peers in the industry. The WR value stock report compares WR to some of its peers using value stock charts. The market cap of WR is $7.15 billion. WR's next earnings release will be on 0000-00-00, which is days away.