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.
WR was given price targets by several analysts. The most optimistic analyst gave a price target of 54, which equates to a potential upside of 7.14 percent. The most pessimistic price target was 46.5, which equates to a potential downside of -7.74 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days 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. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of WR to grow at a rate of 5.14 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. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of WR is 4.1.
In the last 52-weeks, WR has achieved a high of 57.50 and a low of 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.