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 analyst gave a price target of 16, implying a possible profit of 16.96 percent. The most pessimistic analyst gave a price target of 12, implying potential capital losses 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -44.42 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.67 percent in FY estimates.
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, 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. 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. PEG ratios below 1 are often considered desirable, 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.
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 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.