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 price target was 60, implying potential capital gains of 34.08 percent. The most pessimistic analyst gave a price target of 38, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -37.72 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

MLNX has an estimated earnings growth rate of 313.35 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, 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. MLNX has a PEG ratio of 0.55.

In the last 52-weeks, MLNX has achieved a high of 52.80 and a low of 38.75. Today's price is 15.48 percent above the 52-week low, and below the high by 15.25 percent. 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 market cap of MLNX is $2.25 billion. MLNX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.