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 highest price target was 37.25, implying potential capital gains of 0 percent. The minimum price target given was 37.25, implying a possible loss of 0 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -4.75 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -3.3 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts made negative revisions to their fiscal year's estimates.
MENT has an estimated earnings growth rate of 2.54 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. 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. The PEG ratio of MENT is 11.61.
MENT has traded between a high of 37.29 and a low of 19.05 over the past year. 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 price/earnings 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 will post this quarters earnings in days, on 0000-00-00.