Analyst Ratings for Cynosure, Inc. (CYNO)Updated: 2017-02-13
Shares of Cynosure, Inc. (NASDAQ:CYNO) have received a consensus rating of Buy from Wall Street analysts. CYNO had previously received a consensus rating of Buy a month ago.
7 analysts declared CYNO a buy, 0 gave an overweight rating, 0 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.
Several price targets were given for CYNO by the analysts covering the stock. The highest price target was 66, implying a possible profit of 30.43 percent. The most pessimistic price target was 40, implying potential capital losses of -20.95 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -9.06 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 -15.23 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.48 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -8.16 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 4 analysts decreased their estimates.
The growth rate of CYNO's earnings is estimated by analysts to be 140.24 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. CYNO has a PEG ratio of 0.55.
CYNO has traded between a high of 55.94 and a low of 34.47 over the past year. Today's price is 46.79 percent above the 52-week low, and 9.55 percent lower than its 52-week high. CYNO has a price/earnings ratio of 77.79. Investors typically compare the P/E ratio to a company's peers in the industry. The CYNO value stock report compares CYNO to some of its peers using value stock charts. The stock has a market capitalization of $1.22 billion. CYNO's next earnings release will be on 0000-00-00, which is days away.