Analyst Research

Analysts Review on: GGP Inc (NYSE:GGP)

GGP Inc (NYSE:GGP) shares traded 4.63% during the most recent session the stock exchanged hands 15.17M shares versus average trading capacity of 6.16M shares, yielding a market cap of $19.50B. Wall Street analysts covering the stock are projecting that the stock will reach $28.91 within the next 52-weeks. The mean target projections are based on 16 opinions, the mean target was last revised on 04/18/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have GGP Inc (NYSE:GGP) high price target of $35.00 and with a conservative view have low price target of $24.00 with a standard deviation of $3.20. If seeing target price from optimistic overview then it has a 55 percent upside potential from the latest closing price of $22.61.

GGP Inc (NYSE:GGP) received “Downgrade” rating by Deutsche Bank in a research note issued to investors on Jan-09-17 from Buy to Hold from $36 to $27.

Additionally on Oct-14-16 GGP Inc (NYSE:GGP) was “Upgraded” by Sandler O’Neil from Hold to Buy and on Aug-31-16 the stock was “Initiated” by Hilliard Lyons as Neutral. Furthermore on Apr-14-16 the stock was “Initiated” by Mizuho as Buy.

On the other hand the company has Relative Strength Index (RSI 14) of 44.63 along with Average True Range (ATR 14) of 0.59, Consequently GGP Inc (NYSE:GGP) weekly and monthly volatility is 3.69%, 2.22% respectively. The company’s beta value is at 0.83.

In terms of Buy, Sell or Hold recommendations, GGP Inc (NYSE:GGP) has an analysts’ mean recommendation of 2.20. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that GGP Inc (NYSE:GGP) will report earnings of $0.13 for the current quarter, however the company’s high EPS estimates are $0.16 and low estimates are $0.07. However the company reported $0.19 earnings per share for the same quarter during last year.

Previously GGP Inc (NYSE:GGP) reported $0.36 earnings per share (EPS) for the quarter on 5/1/2017 After Market Close, meeting the consensus estimate of $0.36 by $0.00. The company posted an earnings surprise of 0.00%.

While considering growth estimates of the company, it has next quarter growth estimates of -80.00% whereas during current quarter it has -31.60% estimations over growth, comparing to the estimations of -56.00% during current year and -28.80% for next year. Past 5 years growth of GGP Inc (NYSE:GGP) observed at 105.91%, looking forward for the next 5 years it has a strong prediction of 5.10% over growth.

GGP Inc (NYSE:GGP) revenue estimates for the current quarter are $566.16M according to 6 number of analysts, for the current quarter the company has high revenue estimates of $585.88M in contradiction of low revenue estimates of $547.97M. For the current year the company’s revenue estimates are $2.31B compared to low analyst estimates of $2.23B and high estimates of $2.4B according 8 number of analysts.

Currently GGP Inc (NYSE:GGP) shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 97.30%. However the six-month change in the insider ownership was recorded -15.44%, as well as three-month change in the institutional ownership was recorded -0.16%.

GGP Inc (NYSE:GGP) trading -29.56% away from its 52 week high of $32.10 and +5.09% far from the stock’s low point over the past 52 weeks, which was $21.51. The stock hit its 52-week high on 08/01/16, and 52-week low on 05/01/17. The company’s trailing twelve month income is 1.27B dollars and is paying 3.89% dividend yield annually.

GGP Inc (NYSE:GGP) trailing twelve month revenues are $2.35B, whereas its price to sales ratio for the same period is 8.72. Its book value per share for the most recent quarter is $9.48 while its price to book ratio for the same period is 2.39, as for as the company’s cash per share for the most recent quarter is $0.52, however its price to cash per share ratio for the same period is 43.10. The stock has a current PEG ratio of 3.32 where as its trailing twelve month P/E ratio is 16.95.

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