Analyst Ratings for BioTelemetry Inc. (BEAT)

Updated: 2017-07-28

BioTelemetry Inc. (NASDAQ:BEAT) was awarded an average rating of Buy from investment analysts following the stock. About 30 days ago, BEAT was issued an average rating of Buy.

5 analysts declared BEAT a buy, 0 gave an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for BEAT. The most optimistic price target was 50, implying a possible profit of 43.68 percent. The lowest price target was 37, which equates to a potential downside of 6.32 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 0 percent. That number becomes -2.27 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 upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.32 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 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

BEAT has an estimated earnings growth rate of -43.38 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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. BEAT has a PEG ratio of -0.5.

In the last 52-weeks, BEAT has achieved a high of 35.75 and a low of 15.25. The current market price is above the trailing year's low by 128.2 percent, and below the high by 2.66 percent. BEAT has a P/E ratio of 21.89. Investors typically compare the P/E ratio to a company's peers in the industry. The BEAT value stock report compares BEAT to some of its peers using value stock charts. The market cap of BEAT is $0.97857 billion. BEAT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.