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.
Many analysts weighed in on price targets for WWE. The highest 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. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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 -25.89 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.27 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -12.37 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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 0 analysts decreased their estimates.
WWE has an estimated earnings growth rate of 79.2 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. 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. The current market price is above the trailing year's low by 30.14 percent, and 5.68 percent below the high. WWE has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.