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.

Many analysts weighed in on price targets for ANGO. The highest price target was 20, implying a possible profit of 22.1 percent. The minimum price target given was 16, implying a possible loss of -2.32 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 -5.88 percent. 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. If we look at the last 90 days instead, we find a net average change of -0.74 percent in FY estimates.

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, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of ANGO to grow at a rate of 256.53 percent. 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. ANGO has a PEG ratio of 0.34.

ANGO has a 52-week high of 18.18 and a 52-week low of 14.80. Today's price is 10.68 percent above the 52-week low, and 9.9 percent lower than its 52-week high. ANGO has a P/E 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.