Analyst Ratings for athenahealth Inc. (ATHN)Updated: 2017-07-26
athenahealth Inc. (NASDAQ:ATHN) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, ATHN was issued an average rating of Overweight.
A buy rating was issued by 10 analysts, 2 gave an overweight rating, 13 gave a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Today, there are 3 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for ATHN. The most optimistic analyst gave a price target of 190, which equates to a potential upside of 30.36 percent. The most pessimistic analyst gave a price target of 88, which equates to a potential downside of -39.62 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -6.48 percent. The average change in earnings estimates over the last 90 days is -25.65 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.77 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -23.47 percent.
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 2 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
The growth rate of ATHN's earnings is estimated by analysts to be 7.11 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. ATHN has a PEG ratio of 25.8.
In the last 52-weeks, ATHN has achieved a high of 158.66 and a low of 90.11. Today's price is 61.75 percent above the 52-week low, and below the high by 8.14 percent. ATHN has a P/E ratio of 183.43. Investors typically compare the P/E ratio to a company's peers in the industry. The ATHN value stock report compares ATHN to some of its peers using value stock charts. The stock has a market capitalization of $6.09 billion. ATHN's next earnings release will be on 0000-00-00, which is days away.