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 maximum price target given was 50, implying a possible profit of 43.68 percent. The most pessimistic price target was 37, which equates to a potential downside of 6.32 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -2.27 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -4.32 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 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of BEAT's earnings is estimated by analysts to be -43.38 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, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of BEAT is -0.5.

BEAT has traded between a high of 35.75 and a low of 15.25 over the past year. Today's price is 128.2 percent above the 52-week low, and 2.66 percent below the high. BEAT has a price/earnings 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 stock has a market capitalization of $0.97857 billion. BEAT will post this quarters earnings in days, on 0000-00-00.