Analyst Ratings for Andersons Inc. (ANDE)Updated: 2017-07-28
Andersons Inc. (NASDAQ:ANDE) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, ANDE was issued an average rating of Buy.
5 analysts issued ratings on the stock, where 4 gave ANDE a buy rating, 0 issued an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 gave 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. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for ANDE. The most optimistic analyst gave a price target of 42, implying a possible profit of 22.09 percent. The minimum price target given was 38, implying a possible loss of 10.47 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -4 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -23.4 percent. Meanwhile, fiscal year estimates have been revised downwards by -4.47 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -22.89 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, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
The growth rate of ANDE's earnings is estimated by analysts to be 113.05 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ANDE is 0.37.
ANDE has a 52-week high of 44.90 and a 52-week low of 31.93. The current market price is above the trailing year's low by 7.74 percent, and 23.39 percent lower than its 52-week high. ANDE has a P/E ratio of 41.95. Investors typically compare the P/E ratio to a company's peers in the industry. The ANDE value stock report compares ANDE to some of its peers using value stock charts. The stock has a market capitalization of $0.97686 billion. ANDE will post this quarters earnings in days, on 0000-00-00.