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.
Many analysts weighed in on price targets for LNCE. The highest price target was 44, implying a possible profit of 22.97 percent. The most pessimistic analyst gave a price target of 31, implying a possible loss 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. The average change in earnings estimates over the last 90 days is 2.55 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.45 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.88 percent.
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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of LNCE to grow at a rate of 25.68 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 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.
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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.