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.
RPXC was given price targets by several analysts. The most optimistic price target was 16, implying potential capital gains of 16.96 percent. The most pessimistic analyst gave a price target of 12, which equates to a potential downside of -12.28 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -44.42 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.67 percent in FY estimates.
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, 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 RPXC to grow at a rate of 27.66 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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. Today's price is 52.17 percent above the 52-week low, and below the high by 9.7 percent. 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 stock has a market capitalization of $0.66882 billion. RPXC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.