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.

Investment analysts gave a few price targets for CELG. The most optimistic price target was 162, implying a possible profit of 20.76 percent. The most pessimistic analyst gave a price target of 98, implying potential capital losses of -26.95 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0.88 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.07 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.57 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.

Analysts estimate earnings of CELG to grow at a rate of 100.82 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. 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.

CELG has traded between a high of 139.00 and a low of 96.93 over the past year. Today's price is 38.4 percent above the 52-week low, and below the high by 3.49 percent. 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.