Analyst Ratings for Bob Evans Farms Inc. (BOBE)Updated: 2017-07-28
Analysts covering Bob Evans Farms Inc. (NASDAQ:BOBE) have given it a consensus rating of Overweight. BOBE had previously received a consensus rating of Overweight a month ago.
3 analysts declared BOBE a buy, 0 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 2 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.
Many analysts weighed in on price targets for BOBE. The most optimistic price target was 80, implying potential capital gains of 15.09 percent. The minimum price target given was 77, implying a possible loss of 10.78 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 1.28 percent on average, compared to last month. That number becomes 0 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 downwards by -0.45 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -11.99 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
In the last 52-weeks, BOBE has achieved a high of 75.34 and a low of 35.76. Today's price is 94.38 percent above the 52-week low, and 7.74 percent below the high. BOBE has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The BOBE value stock report compares BOBE to some of its peers using value stock charts. The stock has a market capitalization of $1.38 billion. BOBE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.