Analyst Ratings for Mellanox Technologies Ltd. (MLNX)

Updated: 2017-07-27

Mellanox Technologies Ltd. (NASDAQ:MLNX) was awarded an average rating of Overweight from investment analysts following the stock. Last month, MLNX received an average rating of Overweight.

Of the 14 analysts covering the stock, 5 gave it a buy rating, 1 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 3. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

MLNX was given price targets by several analysts. The most optimistic analyst gave a price target of 60, implying a possible profit of 34.08 percent. The lowest price target was 38, implying a possible loss of -15.08 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -37.72 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -21.94 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of MLNX to grow at a rate of 313.35 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of MLNX is 0.55.

MLNX has a 52-week high of 52.80 and a 52-week low of 38.75. The current market price is above the trailing year's low by 15.48 percent, and 15.25 percent below the high. MLNX has a P/E ratio of 172.12. Investors typically compare the P/E ratio to a company's peers in the industry. The MLNX value stock report compares MLNX to some of its peers using value stock charts. The stock has a market capitalization of $2.25 billion. MLNX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.