Analyst Ratings for Alleghany Corp. (Y)Updated: 2017-07-29
An average rating of Overweight has been given to Alleghany Corp. (NYSE:Y) by analysts covering the stock. Last month, Y received an average rating of Overweight.
A buy rating was issued by 1 analysts, 0 issued an overweight rating, 2 issued a hold rating, 0 issued 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.
A number of analysts gave price targets for Y. The most optimistic price target was , which equates to a potential upside of -100 percent. The lowest price target was , which equates to a potential downside of -100 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 1.45 percent. The average change in earnings estimates over the last 90 days is 0.17 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.73 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.72 percent.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Y has an estimated earnings growth rate of 4.22 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. Y has a PEG ratio of 4.97.
In the trailing 52-weeks, Y hit 667.19 at the highest peak, while it's lowest trading point was 510.52. The current market price is above the trailing year's low by 20.27 percent, and 7.97 percent below the high. Y has a price/earnings ratio of 20.98. Investors typically compare the P/E ratio to a company's peers in the industry. The Y value stock report compares Y to some of its peers using value stock charts. The market cap of Y is $9.48 billion. Y's next earnings release will be on 0000-00-00, which is days away.