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.
Investment analysts gave a few price targets for CXRX. The maximum price target given was 1.37, which equates to a potential upside of -2.14 percent. The lowest price target was 0.34, which equates to a potential downside of -75.71 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -18.06 percent. That number becomes -24.81 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -5.89 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their 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 below the high by 92.36 percent. CXRX has a P/E 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 stock has a market capitalization of $0.07326 billion. CXRX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.