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.

BEAT was given price targets by several analysts. The maximum price target given was 50, implying a possible profit of 43.68 percent. The most pessimistic analyst gave a price target of 37, implying potential capital losses of 6.32 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -2.27 percent. 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 revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

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 below the high by 2.66 percent. 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.