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 maximum price target given was 16, which equates to a potential upside of 16.96 percent. The minimum price target given was 12, implying potential capital losses of -12.28 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -44.42 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.67 percent.
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 revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
RPXC has an estimated earnings growth rate of 27.66 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of RPXC is 1.27.
In the last 52-weeks, RPXC has achieved a high of 15.15 and a low of 8.99. Today's price is 52.17 percent above the 52-week low, and 9.7 percent lower than its 52-week high. RPXC has a price/earnings 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.