Analyst Ratings for Medidata Solutions Inc. (MDSO)

Updated: 2017-07-29

An average rating of Buy has been given to Medidata Solutions Inc. (NASDAQ:MDSO) by analysts covering the stock. About 30 days ago, MDSO was issued an average rating of Buy.

8 analysts declared MDSO a buy, 0 issued an overweight rating, 2 issued 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 increased by 1. During this time, the number of analysts bearish on the stock has decreased by 1.

Several price targets were given for MDSO by the analysts covering the stock. The highest price target was 95, implying potential capital gains of 22.36 percent. The minimum price target given was 78, implying a possible loss of 0.46 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -7.79 percent. That number becomes -7.79 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -1.62 percent. If we look at the last 90 days instead, we find a net average change of 0.25 percent in FY estimates.

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, while 4 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 4 analysts that revised their FY estimates downwards.

MDSO has an estimated earnings growth rate of 29.32 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of MDSO is 4.27.

MDSO has traded between a high of 85.92 and a low of 46.10 over the past year. The current market price is above the trailing year's low by 68.42 percent, and 9.64 percent lower than its 52-week high. MDSO has a P/E ratio of 125.23. Investors typically compare the P/E ratio to a company's peers in the industry. The MDSO value stock report compares MDSO to some of its peers using value stock charts. The market cap of MDSO is $4.54 billion. MDSO will post this quarters earnings in days, on 0000-00-00.