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.
A number of analysts gave price targets for MENT. The most optimistic analyst gave a price target of 37.25, which equates to a potential upside of 0 percent. The lowest price target was 37.25, which equates to a potential downside of 0 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 -45 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -8.33 percent. Meanwhile, fiscal year estimates have been revised downwards by -4.75 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.3 percent.
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 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.
The growth rate of MENT's earnings is estimated by analysts to be 2.54 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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's next earnings release will be on 0000-00-00, which is days away.