Analyst Ratings for Celgene Corp. (CELG)

Updated: 2017-07-28

Analysts covering Celgene Corp. (NASDAQ:CELG) have given it a consensus rating of Overweight. A consensus rating of Buy was previously issued for CELG last month.

20 analysts declared CELG a buy, 1 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 5. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

CELG was given price targets by several analysts. The most optimistic analyst gave a price target of 162, implying potential capital gains of 20.76 percent. The lowest price target was 98, which equates to a potential downside of -26.95 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0.88 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.07 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.57 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.

The growth rate of CELG's earnings is estimated by analysts to be 100.82 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CELG is 0.41.

In the trailing 52-weeks, CELG hit 139.00 at the highest peak, while it's lowest trading point was 96.93. Currently the stock is 38.4 percent higher than its low, and 3.49 percent below the high. CELG has a price/earnings ratio of 41.79. Investors typically compare the P/E ratio to a company's peers in the industry. The CELG value stock report compares CELG to some of its peers using value stock charts. The stock has a market capitalization of $107.56 billion. CELG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.