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.
LNCE was given price targets by several analysts. The most optimistic analyst gave a price target of 44, implying a possible profit of 22.97 percent. The most pessimistic price target was 31, which equates to a potential downside of -13.36 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.7 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 2.55 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.45 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -3.88 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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of LNCE to grow at a rate of 25.68 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of LNCE is 1.62.
In the last 52-weeks, LNCE has achieved a high of 40.86 and a low of 31.03. Today's price is 15.31 percent above the 52-week low, and 12.43 percent below the high. LNCE has a price/earnings 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 stock has a market capitalization of $3.51 billion. LNCE's next earnings release will be on 0000-00-00, which is days away.