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.
Investment analysts gave a few price targets for MENT. The highest price target was 37.25, which equates to a potential upside of 0 percent. The lowest price target 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -45 percent. The average change in earnings estimates over the last 90 days is -8.33 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -4.75 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY 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. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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 MENT is 11.61.
In the last 52-weeks, MENT has achieved a high of 37.29 and a low of 19.05. The current market price is above the trailing year's low by 95.54 percent, and 0.11 percent below the 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 market cap of MENT is $4.12 billion. MENT's next earnings release will be on 0000-00-00, which is days away.