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.
Several price targets were given for BOBE by the analysts covering the stock. The most optimistic price target was 80, implying potential capital gains of 15.09 percent. The minimum price target given was 77, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.45 percent, as compared to a month ago. 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. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, BOBE hit 75.34 at the highest peak, while it's lowest trading point was 35.76. Currently the stock is 94.38 percent higher than its low, and 7.74 percent lower than its 52-week high. BOBE has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.