Analyst Ratings for Mentor Graphics Corp (MENT)Updated: 2017-03-31
Mentor Graphics Corp (NASDAQ:MENT) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for MENT last month.
3 analysts issued ratings on the stock, where 0 gave MENT a buy rating, 0 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for MENT. The highest price target was 37.25, implying a possible profit of 0 percent. The minimum price target given was 37.25, implying a possible loss of 0 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 -45 percent. The average change in earnings estimates over the last 90 days is -8.33 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -4.75 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.3 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.
MENT has an estimated earnings growth rate of 2.54 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. MENT has a PEG ratio of 11.61.
In the last 52-weeks, MENT has achieved a high of 37.29 and a low of 19.05. Today's price is 95.54 percent above the 52-week low, and 0.11 percent lower than its 52-week high. MENT has a P/E ratio of 29.5. Investors typically compare the P/E ratio to a company's peers in the industry. The MENT value stock report compares MENT to some of its peers using value stock charts. The stock has a market capitalization of $4.12 billion. MENT will post this quarters earnings in days, on 0000-00-00.