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.
A number of analysts gave price targets for AIRM. The most optimistic analyst gave a price target of 47, implying a possible profit of 9.56 percent. The lowest price target was 43, implying potential capital losses of 0.23 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their 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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. AIRM has a PEG ratio of 1.26.
AIRM has a 52-week high of 43.95 and a 52-week 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 price/earnings 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 will post this quarters earnings in days, on 0000-00-00.