Analyst Ratings for RPX Corp. (RPXC)Updated: 2017-07-28
Analysts covering RPX Corp. (NASDAQ:RPXC) have given it a consensus rating of Hold. About 30 days ago, RPXC was issued an average rating of Hold.
A buy rating was issued by 1 analysts, 1 issued an overweight rating, 1 gave a hold rating, 0 gave 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 increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for RPXC. The highest price target was 16, which equates to a potential upside of 16.96 percent. The most pessimistic analyst gave a price target of 12, which equates to a potential downside of -12.28 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 -44.42 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -1.67 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of RPXC to grow at a rate of 27.66 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, 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. The PEG ratio of RPXC is 1.27.
RPXC has traded between a high of 15.15 and a low of 8.99 over the past year. Currently the stock is 52.17 percent higher than its low, and 9.7 percent lower than its 52-week high. RPXC has a P/E ratio of 35.08. Investors typically compare the P/E ratio to a company's peers in the industry. The RPXC value stock report compares RPXC to some of its peers using value stock charts. The market cap of RPXC is $0.66882 billion. RPXC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.