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.

A number of analysts gave price targets for MLNX. The highest price target was 60, which equates to a potential upside of 34.08 percent. The most pessimistic analyst gave a price target of 38, implying a possible loss of -15.08 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -37.72 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -21.94 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of MLNX to grow at a rate of 313.35 percent. 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. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. MLNX has a PEG ratio of 0.55.

MLNX has traded between a high of 52.80 and a low of 38.75 over the past year. Currently the stock is 15.48 percent higher than its low, and 15.25 percent lower than its 52-week high. MLNX has a price/earnings 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 market cap of MLNX is $2.25 billion. MLNX's next earnings release will be on 0000-00-00, which is days away.