Analyst Ratings for Qiagen N.V. (QGEN)Updated: 2017-07-27
Analysts covering Qiagen N.V. (NASDAQ:QGEN) have given it a consensus rating of Hold. About 30 days ago, QGEN was issued an average rating of Hold.
A buy rating was issued by 7 analysts, 0 issued an overweight rating, 14 gave a hold rating, 2 gave an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. Over the same time period, there has been an increase of 3 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for QGEN. The most optimistic analyst gave a price target of 38.39, which equates to a potential upside of 12.02 percent. The most pessimistic analyst gave a price target of 23.88, which equates to a potential downside of -30.32 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.79 percent. The average change in earnings estimates over the last 90 days is -1.72 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.41 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
QGEN has an estimated earnings growth rate of 242.91 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of QGEN is 0.39.
In the trailing 52-weeks, QGEN hit 35.26 at the highest peak, while it's lowest trading point was 24.02. Currently the stock is 42.67 percent higher than its low, and below the high by 2.81 percent. QGEN has a price/earnings ratio of 95.09. Investors typically compare the P/E ratio to a company's peers in the industry. The QGEN value stock report compares QGEN to some of its peers using value stock charts. The stock has a market capitalization of $7.75 billion. QGEN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.