Analyst Ratings for World Wrestling Entertainment Inc. Cl A (WWE)Updated: 2017-07-27
Shares of World Wrestling Entertainment Inc. Cl A (NYSE:WWE) have received a consensus rating of Overweight from Wall Street analysts. Last month, WWE received an average rating of Overweight.
A buy rating was issued by 7 analysts, 0 gave an overweight rating, 7 issued a hold rating, 0 gave an underweight rating, and 0 gave 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 WWE by the analysts covering the stock. The most optimistic price target was 26, implying a possible profit of 19.13 percent. The most pessimistic price target was 16, which equates to a potential downside of -26.69 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -25.89 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 2.27 percent. If we look at the last 90 days instead, we find a net average change of -12.37 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of WWE's earnings is estimated by analysts to be 79.2 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, 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, but many choose to perform ratio comparisons with other companies in the industry. WWE has a PEG ratio of 1.06.
WWE has a 52-week high of 23.14 and a 52-week low of 16.77. Today's price is 30.14 percent above the 52-week low, and below the high by 5.68 percent. WWE has a price/earnings ratio of 83.85. Investors typically compare the P/E ratio to a company's peers in the industry. The WWE value stock report compares WWE to some of its peers using value stock charts. The market cap of WWE is $1.66 billion. WWE's next earnings release will be on 0000-00-00, which is days away.