Analyst Ratings for ARM Holdings plc (ADR) (ARMH)Updated: 2016-09-01
A number of analysts gave price targets for ARMH. The maximum price target given was 67.74, implying a possible profit of 0.5 percent. The lowest price target was 33.51, implying potential capital losses of -50.28 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 -2.79 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 -1.32 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.4 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.33 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
ARMH has an estimated earnings growth rate of 34.78 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. ARMH has a PEG ratio of 2.01.
In the last 52-weeks, ARMH has achieved a high of 67.53 and a low of 36.68. The current market price is above the trailing year's low by 83.75 percent, and 0.19 percent lower than its 52-week high. ARMH has a price/earnings ratio of 70.06. Investors typically compare the P/E ratio to a company's peers in the industry. The ARMH value stock report compares ARMH to some of its peers using value stock charts. The market cap of ARMH is $31.66 billion. ARMH will post this quarters earnings in days, on 0000-00-00.