Analyst Ratings for Concordia International Corp. (CXRX)Updated: 2017-07-27
Shares of Concordia International Corp. (NASDAQ:CXRX) have received a consensus rating of Sell from Wall Street analysts. CXRX had previously received a consensus rating of Sell a month ago.
6 analysts issued ratings on the stock, where 0 gave CXRX a buy rating, 0 gave an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 6 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 decrease of 2 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for CXRX. The highest price target was 1.37, implying a possible profit of -2.14 percent. The minimum price target given was 0.34, implying a possible loss of -75.71 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 -18.06 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -24.81 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.89 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
CXRX has a 52-week high of 18.32 and a 52-week low of 1.09. Currently the stock is 28.44 percent higher than its low, and 92.36 percent lower than its 52-week high. CXRX has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CXRX value stock report compares CXRX to some of its peers using value stock charts. The market cap of CXRX is $0.07326 billion. CXRX will post this quarters earnings in days, on 0000-00-00.