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.
Investment analysts gave a few price targets for WWE. The most optimistic price target was 26, which equates to a potential upside of 19.13 percent. The lowest price target was 16, which equates to a potential downside of -26.69 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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, 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of WWE is 1.06.
WWE has traded between a high of 23.14 and a low of 16.77 over the past year. Today's price is 30.14 percent above the 52-week low, and 5.68 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.