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.
CYNO was given price targets by several analysts. The maximum price target given was 66, implying potential capital gains of 30.43 percent. The minimum price target given was 40, implying a possible loss of -20.95 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 -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. Meanwhile, fiscal year estimates have been revised upwards by 1.48 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.16 percent.
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 4 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.
Analysts estimate earnings of CYNO to grow at a rate of 140.24 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CYNO is 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 below the high. CYNO has a P/E 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 market cap of CYNO is $1.22 billion. CYNO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.