Analyst Ratings for AngioDynamics Inc. (ANGO)

Updated: 2017-07-28

An average rating of Hold has been given to AngioDynamics Inc. (NASDAQ:ANGO) by analysts covering the stock. About 30 days ago, ANGO was issued an average rating of Overweight.

1 analysts declared ANGO a buy, 0 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for ANGO. The most optimistic analyst gave a price target of 20, implying a possible profit of 22.1 percent. The most pessimistic price target was 16, implying a possible loss of -2.32 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -5.88 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.94 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.74 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.74 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, 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, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of ANGO's earnings is estimated by analysts to be 256.53 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ANGO is 0.34.

ANGO has a 52-week high of 18.18 and a 52-week low of 14.80. The current market price is above the trailing year's low by 10.68 percent, and below the high by 9.9 percent. ANGO has a price/earnings ratio of 86.21. Investors typically compare the P/E ratio to a company's peers in the industry. The ANGO value stock report compares ANGO to some of its peers using value stock charts. The market cap of ANGO is $0.60187 billion. ANGO will post this quarters earnings in days, on 0000-00-00.