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 highest price target was 1.37, implying a possible profit of -2.14 percent. The most pessimistic price target was 0.34, which equates to a potential downside of -75.71 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -18.06 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -24.81 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -5.89 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
In the trailing 52-weeks, CXRX hit 18.32 at the highest peak, while it's lowest trading point was 1.09. The current market price is above the trailing year's low by 28.44 percent, and 92.36 percent below the 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.