Investors braced for a bumpy ride ahead of Waddell & Reed Financial's
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Waddell & Reed Financial, with six of 11 rating it a buy and the remainder rating it a hold. Analysts like Waddell & Reed Financial better than competitor Federated Investors overall. Wall Street has warmed to the stock over the past three months, with analysts increasing their endorsement from hold to moderate buy.
- Revenue Forecasts: On average, analysts predict $311.9 million in revenue this quarter. That would represent a rise of 21.3% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.57 per share. Estimates range from $0.56 to $0.60.
What our community says:
CAPS All Stars are solidly behind the stock, with 100% awarding it an "outperform" rating. The community at large concurs with the All Stars, with 92.5% granting it a rating of "outperform." Fools are keen on Waddell & Reed Financial, though the message boards have been quiet lately with only 32 posts in the past 30 days. Waddell & Reed Financial has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.
Waddell & Reed Financial's profit has risen year over year by an average of 33.5%.
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add Waddell & Reed Financial now.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.