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.
Several price targets were given for RPXC by the analysts covering the stock. The most optimistic price target was 16, which equates to a potential upside of 16.96 percent. The most pessimistic price target was 12, which equates to a potential downside of -12.28 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.67 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, 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. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. RPXC has a PEG ratio of 1.27.
In the trailing 52-weeks, RPXC hit 15.15 at the highest peak, while it's lowest trading point was 8.99. The current market price is above the trailing year's low by 52.17 percent, and 9.7 percent below the 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 will post this quarters earnings in days, on 0000-00-00.