Analyst Ratings for BroadSoft Inc. (BSFT)

Updated: 2017-07-27

Shares of BroadSoft Inc. (NASDAQ:BSFT) have received a consensus rating of Overweight from Wall Street analysts. Last month, BSFT received an average rating of Overweight.

7 analysts declared BSFT a buy, 0 gave an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

BSFT was given price targets by several analysts. The most optimistic price target was 55, implying a possible profit of 27.17 percent. The minimum price target given was 32, implying potential capital losses of -26.01 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.23 percent on average, compared to last month. That number becomes -617.78 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 -0.22 percent. If we look at the last 90 days instead, we find a net average change of 5.88 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

BSFT has traded between a high of 48.40 and a low of 33.85 over the past year. The current market price is above the trailing year's low by 27.77 percent, and 10.64 percent below the high. BSFT has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The BSFT value stock report compares BSFT to some of its peers using value stock charts. The stock has a market capitalization of $1.34 billion. BSFT's next earnings release will be on 0000-00-00, which is days away.