Analyst Ratings for Snyders-Lance Inc. (LNCE)Updated: 2017-07-26
Snyders-Lance Inc. (NASDAQ:LNCE) was awarded an average rating of Overweight from investment analysts following the stock. Last month, LNCE received an average rating of Overweight.
A buy rating was issued by 4 analysts, 0 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for LNCE. The most optimistic analyst gave a price target of 44, implying potential capital gains of 22.97 percent. The most pessimistic analyst gave a price target of 31, which equates to a potential downside of -13.36 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.7 percent. That number becomes 2.55 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.45 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.88 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of LNCE to grow at a rate of 25.68 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of LNCE is 1.62.
LNCE has a 52-week high of 40.86 and a 52-week low of 31.03. Currently the stock is 15.31 percent higher than its low, and below the high by 12.43 percent. LNCE has a P/E ratio of 41.65. Investors typically compare the P/E ratio to a company's peers in the industry. The LNCE value stock report compares LNCE to some of its peers using value stock charts. The market cap of LNCE is $3.51 billion. LNCE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.