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.

A number of analysts gave price targets for ANGO. The maximum price target given was 20, implying potential capital gains of 22.1 percent. The lowest price target was 16, which equates to a potential downside of -2.32 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.88 percent. That number becomes -2.94 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.74 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.74 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.

The growth rate of ANGO's earnings is estimated by analysts to be 256.53 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. 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. The PEG ratio of ANGO is 0.34.

In the trailing 52-weeks, ANGO hit 18.18 at the highest peak, while it's lowest trading point was 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 stock has a market capitalization of $0.60187 billion. ANGO's next earnings release will be on 0000-00-00, which is days away.