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.
CXRX was given price targets by several analysts. The most optimistic price target was 1.37, implying potential capital gains of -2.14 percent. The minimum price target given was 0.34, implying potential capital losses of -75.71 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -18.06 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -24.81 percent. 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.
People are often interested in whether analysts were united in the direction of their 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. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
In the last 52-weeks, CXRX has achieved a high of 18.32 and a 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 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.