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.
Several price targets were given for BSFT by the analysts covering the stock. The most optimistic price target was 55, which equates to a potential upside of 27.17 percent. The most pessimistic analyst gave a price target of 32, implying a possible loss of -26.01 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.23 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -617.78 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.22 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.88 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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 price/earnings 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 market cap of BSFT is $1.34 billion. BSFT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.