Analyst Ratings for Aceto Corp. (ACET)Updated: 2017-07-28
An average rating of Overweight has been given to Aceto Corp. (NASDAQ:ACET) by analysts covering the stock. A consensus rating of Hold was previously issued for ACET last month.
3 analysts issued ratings on the stock, where 1 gave ACET a buy rating, 0 issued an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for ACET. The highest price target was 29, which equates to a potential upside of 87.82 percent. The most pessimistic price target was 12, implying potential capital losses of -22.28 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.19 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.72 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
Analysts estimate earnings of ACET to grow at a rate of 268.32 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. ACET has a PEG ratio of 0.11.
In the trailing 52-weeks, ACET hit 25.98 at the highest peak, while it's lowest trading point was 13.50. The current market price is above the trailing year's low by 14.37 percent, and 40.57 percent below the high. ACET has a price/earnings ratio of 29.65. Investors typically compare the P/E ratio to a company's peers in the industry. The ACET value stock report compares ACET to some of its peers using value stock charts. The stock has a market capitalization of $0.46265 billion. ACET will post this quarters earnings in days, on 0000-00-00.