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 price target was 42, implying a possible profit of 22.09 percent. The minimum price target given was 38, which equates to a potential downside of 10.47 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -4 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
ANDE has an estimated earnings growth rate of 113.05 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, 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, but many choose to perform ratio comparisons with other companies in the industry. ANDE has a PEG ratio of 0.37.
In the trailing 52-weeks, ANDE hit 44.90 at the highest peak, while it's lowest trading point was 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 price/earnings 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.