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.

WWE was given price targets by several analysts. The highest price target was 26, implying a possible profit of 19.13 percent. The most pessimistic price target was 16, implying potential capital losses of -26.69 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -25.89 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.27 percent, compared to last month. 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 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 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of WWE to grow at a rate of 79.2 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. 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 traded between a high of 23.14 and a low of 16.77 over the past year. The current market price is above the trailing year's low by 30.14 percent, 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.