Analyst Ratings for Air Methods Corp (AIRM)Updated: 2017-04-07
Analysts covering Air Methods Corp (NASDAQ:AIRM) have given it a consensus rating of Hold. About 30 days ago, AIRM was issued an average rating of Buy.
5 analysts issued ratings on the stock, where 0 gave AIRM a buy rating, 0 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 6 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
AIRM was given price targets by several analysts. The highest price target was 47, which equates to a potential upside of 9.56 percent. The most pessimistic analyst gave a price target of 43, implying potential capital losses of 0.23 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -14.47 percent. The average change in earnings estimates over the last 90 days is -27.82 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -4.02 percent. If we look at the last 90 days instead, we find a net average change of -7.37 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts made negative revisions to their fiscal year's estimates.
The growth rate of AIRM's earnings is estimated by analysts to be 13.11 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. AIRM has a PEG ratio of 1.26.
In the last 52-weeks, AIRM has achieved a high of 43.95 and a low of 23.75. The current market price is above the trailing year's low by 80.63 percent, and 2.39 percent below the high. AIRM has a P/E ratio of 16.56. Investors typically compare the P/E ratio to a company's peers in the industry. The AIRM value stock report compares AIRM to some of its peers using value stock charts. The stock has a market capitalization of $1.57 billion. AIRM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.