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.
Several price targets were given for LNCE by the analysts covering the stock. The maximum price target given was 44, implying potential capital gains of 22.97 percent. The minimum price target given 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.7 percent. 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. 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 made negative revisions to their fiscal year's estimates.
LNCE has an estimated earnings growth rate of 25.68 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. LNCE has a PEG ratio of 1.62.
In the last 52-weeks, LNCE has achieved a high of 40.86 and a low of 31.03. Currently the stock is 15.31 percent higher than its low, and 12.43 percent lower than its 52-week high. 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 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.