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 highest price target was 55, which equates to a potential upside of 27.17 percent. The lowest price target was 32, implying a possible loss of -26.01 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. If we look at the last 90 days instead, we find a net average change of 5.88 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. 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 a 52-week high of 48.40 and a 52-week low of 33.85. The current market price is above the trailing year's low by 27.77 percent, and 10.64 percent lower than its 52-week 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 market cap of BSFT is $1.34 billion. BSFT will post this quarters earnings in days, on 0000-00-00.