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.
Many analysts weighed in on price targets for BEAT. The highest price target was 50, implying potential capital gains of 43.68 percent. The minimum price target given was 37, implying potential capital losses of 6.32 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 upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.27 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -4.32 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their 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.
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, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BEAT is -0.5.
In the trailing 52-weeks, BEAT hit 35.75 at the highest peak, while it's lowest trading point was 15.25. The current market price is above the trailing year's low by 128.2 percent, and 2.66 percent below the high. 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 stock has a market capitalization of $0.97857 billion. BEAT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.