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 maximum price target given was 29, implying potential capital gains of 87.82 percent. The lowest price target was 12, implying potential capital losses of -22.28 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.19 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.72 percent. 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. 0 analysts made positive revisions to their quarterly estimates over the past month, 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, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of ACET's earnings is estimated by analysts to be 268.32 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. ACET has a PEG ratio of 0.11.
ACET has traded between a high of 25.98 and a low of 13.50 over the past year. Currently the stock is 14.37 percent higher than its low, and 40.57 percent lower than its 52-week 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 market cap of ACET is $0.46265 billion. ACET's next earnings release will be on 0000-00-00, which is days away.