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.

Many analysts weighed in on price targets for CELG. The maximum price target given was 162, which equates to a potential upside of 20.76 percent. The minimum price target given was 98, implying a possible loss of -26.95 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.07 percent. If we look at the last 90 days instead, we find a net average change of 0.57 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 3 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CELG to grow at a rate of 100.82 percent. Another measure frequently examined by investors is the PEG ratio. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CELG is 0.41.

In the last 52-weeks, CELG has achieved a high of 139.00 and a low of 96.93. Currently the stock is 38.4 percent higher than its low, and 3.49 percent lower than its 52-week high. CELG has a P/E 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 market cap of CELG is $107.56 billion. CELG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.