Analyst Ratings for Medivation Inc (MDVN)Updated: 2016-09-27
Many analysts weighed in on price targets for MDVN. The most optimistic analyst gave a price target of 82, implying a possible profit of 0.69 percent. The minimum price target given was 64, implying a possible loss of -21.41 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.32 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.37 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 8.29 percent in FY estimates.
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 revised their estimates downwards. 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.
In the trailing 52-weeks, MDVN hit 81.48 at the highest peak, while it's lowest trading point was 26.41. Today's price is 208.37 percent above the 52-week low, and 0.05 percent below the high. MDVN has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The MDVN value stock report compares MDVN to some of its peers using value stock charts. The market cap of MDVN is $13.57 billion. MDVN is estimated to release their earnings results for the quarter on 2016-11-03, days from today.