Analyst Ratings for LHC Group (LHCG)Updated: 2017-07-28
An average rating of Buy has been given to LHC Group (NASDAQ:LHCG) by analysts covering the stock. A consensus rating of Buy was previously issued for LHCG last month.
7 analysts declared LHCG a buy, 0 issued an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for LHCG. The maximum price target given was 72, implying a possible profit of 23.41 percent. The lowest price target was 55, which equates to a potential downside of -5.73 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.91 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.53 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of LHCG to grow at a rate of 4.85 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of LHCG is 5.57.
In the trailing 52-weeks, LHCG hit 69.35 at the highest peak, while it's lowest trading point was 32.04. The current market price is above the trailing year's low by 82.08 percent, and 15.88 percent lower than its 52-week high. LHCG has a price/earnings ratio of 27.01. Investors typically compare the P/E ratio to a company's peers in the industry. The LHCG value stock report compares LHCG to some of its peers using value stock charts. The market cap of LHCG is $1.08 billion. LHCG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.